no tax on tips bill - Search News

News

Trump, Tax on Tips

Kiplinger on MSN · 14h

New 'No Tax on Tips' Bill Approved for 2025: What to Know Now

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the 2025 tax year. That means eligible workers could claim the deduction when they file their taxes in early 2026 for income earned in 2025. Despite the excitement over this change, there are some things the OBBBA doesn’t cover.

USA TODAY on MSN · 3d

Trump's 'no tax on tips' is getting close to the finish line. Here's how it will work.

The Senate narrowly approved Trump's tax bill, which includes a provision that would make his “no tax on tips” campaign promise a reality.

The Wall Street Journal on MSN · 9h

Trump Promised ‘No Tax on Tips.’ Then Came the Fine Print.

The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips entirely.

Nevada Tip Workers Assess Impact of New 'No Tax on Tips' Provision Amidst Mixed Reactions

Nevada tip workers contemplate new tax cuts from the "Big Beautiful Bill," while the Culinary Union seeks permanent relief.

3don MSN

How does no tax on tips work and what it means for New Jersey workers; what to know now

A full-time NJ restaurant worker earning $40,000 base salary and $20,000 in tips could deduct all of their tips. If they also ...

4don MSN

Ocasio-Cortez slams Senate’s $25,000 ‘no tax on tips’ cap

Rep. Alexandria Ocasio-Cortez (D-N.Y.) on Wednesday took aim at the $25,000 cap on the “no tax on tips” provision included in ...

4don MSN

Alexandria Ocasio-Cortez: "No Tax On Tips" Is A Scam With A Cap Of $25,000, "This Bill Is A Deal With The Devil"

Rep. Alexandria Ocasio-Cortez (D-NY) took to the House floor on Wednesday to express her outrage at the "No Tax On Tips" part ...

2don MSN

Trump Claims Bill ‘Eliminates’ Taxes On Social Security — Here’s Why That’s False

The Social Security Administration reportedly sent out an email claiming the policy bill “eliminates federal income taxes on ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results