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.) ...

Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...

Former President Donald Trump and Vice President Kamala Harris do not agree on much. But they do agree on at least one policy position: both want to eliminate federal taxes on workers' tips. Trump ...

The fate of President Donald Trump’s tax bill is still very much up in the air, but one of the elements in it that both Republicans and Democrats seemingly agree upon is the “no tax on tips” provision ...

Vice President Kamala Harris and former President Donald Trump have both endorsed a policy to eliminate federal taxes on tips, a rare instance of agreement between the two campaigns as they aim to ...

If you earn tips as part of your job, you could benefit from a new IRS provision that excludes certain tips from income taxes. This rule, established under the One Big Beautiful Bill Act (OBBBA), ...