On Tuesday, the U.S. Senate unanimously passed the No Tax on Tips Act, which could have wide-ranging consequences for the restaurant industry in the U.S. Here's what you need to know about the bill ...

The legislation has implications for those who give gratuities and those who pocket them, with the potential to leave both ...

Senator Ted Cruz introduced SB 129, which is a No Tax on Tips Act separate from the Big Beautiful Bill in hopes the bill would pass, regardless of the votes on the massive economic package. That bill ...

The U.S. Senate has unanimously passed the "No Tax on Tips Act," a bill introduced by Texas Senator Ted Cruz that aims to provide tax relief for service industry workers by allowin ...

Tipped workers across the country could soon see part of their paycheck go tax-free—if Congress finalizes a proposal to eliminate federal income taxes on tips.

Leaving your waiter or waitress a tip is considered polite in the U.S., but because of taxes, they’re probably not keeping ...

The House of Representatives passed President Donald Trump's "big, beautiful bill" early Thursday morning, which includes a ...

The No Tax On Tips Act, which would allow restaurant employees to deduct up to $25,000 in cash tips from their taxes, has ...

Some of the world's top finance leaders have gathered in Banff, Alta., to try to come to a consensus on some key global issues ahead of next month's G7 summit in nearby Kananaskis. As Heather ...

President Trump promised an end to taxes on tipped income during a campaign visit to Las Vegas in June. And now, Trump is ...

Department of Labor “walked away from” rule that expanded overtime to 4 million workers, says former agency head.