CBS News

Did you earn tips last year? See how much this new tax break could save you.

Locksmiths, tattoo artists and pedicab drivers are among those who could benefit from a new deduction this tax season that lowers the burden on workers who received tips as part of their income last ...
Wall Street Journal

Inflation-Protected Bonds Fail a Key Test: They Don’t Help When Inflation Is High

The bonds known as Treasury inflation-protected securities are designed to protect investors’ income against rising prices and perhaps even deliver an extra bit of return. But do TIPS, as the bonds ...
USA Today

No tax on tips for who? These workers and tips will qualify

Federal agencies are working to make President Donald Trump’s “no tax on tips” campaign promise a reality for eligible filers starting with their 2025 income, issuing new guidance Sept. 19 spelling ...
JournalofAccountancy

Treasury posts preliminary list of jobs eligible for no tax on tips

Treasury posted a preliminary list of occupations that customarily and regularly receive tips for purposes of the “no tax on tips” provision of H.R. 1, P.L. 119-21, commonly known as the One Big ...
NorthJersey.com

How does no tax on tips, overtime work? What to know about your tax refund

NOTE: An earlier version of this story overestimated how much workers could save in federal taxes under President Donald Trump’s “big, beautiful bill” and did not apply progressive tax brackets. The ...
The White House

Service Workers Rally Behind President Trump’s NO TAX ON TIPS

Hourly workers in the service, hospitality, and retail industries overwhelmingly back President Donald J. Trump’s bold NO TAX ON TIPS plan in the One Big Beautiful Bill, according to a new survey — ...
The Hill

No Tax on Tips Act: What to know about the bill and what comes next

The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President Trump’s, with the help of Senate Democrats. Sen. Jacky Rosen (D-Nev.) ...
CNBC

Senate passed a surprise 'no tax on tips' bill. Here's what it could mean for workers

The Senate on Tuesday unanimously passed the No Tax on Tips Act in a surprise vote. This could boost momentum for the idea floated by President Donald Trump during his 2024 campaign. If enacted, the ...
The New York Times

How ‘No Tax on Tips’ Will Affect Waiters, Drivers and Diners

The budget bill approved by the House promises to benefit many food workers, but some details are still unclear. By Julia Moskin As a slogan in last year’s presidential campaign, “no tax on tips” was ...
The Washington Post

The Senate passed Trump’s No Tax on Tips Act. Here’s what it could mean.

The Senate unexpectedly passed the No Tax on Tips Act in a unanimous vote Tuesday, giving weight to the prospect of eliminating federal income tax on cash tips, which picked up political traction ...
The Hill

Senate unanimously approves bill to eliminate tax on tips

The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing with the help of Democrats a top campaign promise of President Trump. Sen. Jacky Rosen (D-Nev.) brought the ...