The Congressional Budget Office warned that exempting overtime pay from income taxes could lead to $124 billion in lost tax ...

House passes Trump-backed tax plan. He stated that families could gain over $13,000 in take-home pay, and workers could see ...

Competing House and Senate bills have the potential to reshape how the IRS taxes tips and overtime wages. The Senate recently passed the “No Tax ...

The U.S. House of Representatives narrowly approved the "big, beautiful bill." The bill now goes to the Senate, where it ...

The U.S. Senate bill, which codifies into federal law a campaign promise made by President Trump,establishes a tax deduction of up to $25,000 for tips for employees who earn less than $160,000. The ...