Unrecognizable male coffee shop customer places cash into a tip jar. Tax Notes contributing editors Robert Goulder and Joseph J. Thorndike examine former President Trump’s and Vice President Harris’s ...

Locksmiths, tattoo artists and pedicab drivers are among those who could benefit from a new deduction this tax season that lowers the burden on workers who received tips as part of their income last ...

Corrections & Clarifications: An earlier version of this article gave incorrect information about gifts being subject to income taxes. Since President Donald Trump first proposed exempting tips from ...

Forbes contributors publish independent expert analyses and insights. A recent Wall Street Journal poll reported widespread support for three of President Trump’s campaign ideas that Congress added to ...

Millions of workers could soon claim the "no tax on tips" deduction, which offers a tax break for returns filed in 2026. The provision in President Donald Trump's "big beautiful bill" allows certain ...

Lawmakers passed two measures to eliminate federal taxes on tips this week, a move proponents say will especially benefit the restaurant workers who make nearly half their overall salary from tips.

The Senate unexpectedly passed the No Tax on Tips Act in a unanimous vote Tuesday, giving weight to the prospect of eliminating federal income tax on cash tips, which picked up political traction ...

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.) ...

Hearings before the Commerce Committee of the Arizona House of Representatives normally draw a modest crowd of lobbyists in suits. On March 19, 2024, a throng of people in more casual attire appeared.