The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.

A new tax and spending bill, dubbed the 'One Big Beautiful Bill,' proposes a temporary $4,000 deduction for seniors, ...

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.

A sizable tax break could be coming for tipped income, but the economic knock-on effects could be damaging.

Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.

Tax breaks on overtime pay and tipped earnings passed the House on May 22, 2025, as part of the “One Big Beautiful Bill Act” (H.R. 1). The ...

Oklahoma Gov. Kevin Stitt greets people in the audience for his 2025 State of the State speech . Gov. Kevin Stitt on ...

Governors and state legislators have taken steps to improve taxation of investment income. Some in Congress, meanwhile, want ...

Elon Musk is criticizing the centerpiece of President Donald Trump’s legislative agenda, saying he’s “disappointed” in what ...