A recent survey found that several policies contained in the House version of President Donald Trump’s “one big, beautiful ...

On May 20, 2025, the U.S. Senate passed the “No Tax on Tips Act” with unanimous consent. The bill now heads to the U.S. House ...

Takeaways The House and Senate bills differ in key ways, including that while the House bill would provide a deduction on tips and overtime earnings, the Senate bill provides a deduction for tips only ...

f the bill gets to the president’s desk, it can give a tax break to millions of service workers like servers, beauticians, and others who rely on tips for their income.