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No tax on tips” is a symbolic tax break that is very limited and poorly targets the workers who need tax relief the most.
President Donald Trump's massive spending and policy bill includes funding to research and "replace any direct e-file ...
According to the new tax law, workers who customarily receive tips will be able to deduct from their taxed wages up to ...
With the passage of the new federal tax bill on July 4, 2025, unofficially referred to as the One Big Beautiful Bill Act (OBBBA), employers ...
Congresswoman Claudia Tenney has introduced a 2025 Tax Plan that she says will deliver cost savings for families, protect ...
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Explícame on MSNNot all tip taxes are deductible with Trump's tax reform; how does the benefit work?A recent federal law OBBBA could offer major tax relief to some service workers, if they meet specific income and reporting ...
Northeast Iowa bar and restaurant owners say they’re hopeful provisions exempting tips and overtime from federal income tax ...
If a budget is a mirror of values, what does the “One Big Beautiful Bill Act” say about America? If you held up the bill to a mirror, most Americans would probably say that what they saw in the reflec ...
The income it takes to be in the top 1% of earners in every U.S. state—it's over $700,000 on average
It takes less income to be in the top 1% this year than last, reflecting broader economic cooling and easing inflation.
One estimate projects a $677 million reduction in revenue from Michigan’s corporate income tax and its income tax on ...
Some business owners in eastern Iowa say new ‘no tax on tips’ provisions will help grow local businesses. ‘No tax on tips’ is ...
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