Voters have heard the slogan so often it sounds like settled law: no taxes on tips, overtime, or Social Security. The reality ...

The new tax break on tips and overtime has been sold as a windfall for workers who stay late, pick up extra shifts, or live off gratuities. In reality, the fine print decides whether a server, nurse, ...

President Donald Trump’s signature “Big Beautiful Bill," which he signed into law on July 4, promises to let workers keep more of what they earn by making tips and overtime wages tax-free. In states ...

Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...

State deductions for tips and overtime are not only ineffective at supporting working-class people, it will come at a substantial cost to state budgets.

The tax break only applies to the "half" portion of time-and-a-half pay, and research shows only a small portion of hourly ...

Employees who earn tips and overtime in 2025 may be eligible for a tax break when they file their federal taxes next year under the recent federal spending budget passed. The federal spending bill ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.