Key Points ・The Senate unanimously passed the “No Tax on Tips Act,” allowing workers to deduct up to $25,000 in reported cash ...

Foreign branch offices in Vietnam must comply with VAT changes, corporate tax, contractor tax rules, and updated reporting ...

Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.

House Republicans are grinding on a budget by next week, but competing demands from members within their own party over the state and local tax deduction ... weekend to find common ground between ...

Abir Mandal, a senior policy analyst at the Tax Foundation, wrote in an April blog post he the no tax on tips change on the grounds that it “ undermines economic fairness ” because non-tipped workers ...