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Midrange earners stand to see meaningful savings, too. A warehouse supervisor earning $60,000 with $10,000 in overtime could ...
Under the new tax cut, workers can deduct up to $25,000 in tips and $12,500 in overtime pay from their taxable income on ...
Labor advocates say President Trump’s big promise to end tax on tips has morphed into a more complicated policy reality, and ...
New law exempts up to $25,000 in tips from federal taxes, delivering on Trump’s campaign pledge Unclear rules leave workers ...
The Senate narrowly approved Trump's tax bill, which includes a provision that would make his “no tax on tips” campaign ...
The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips ...
Chris Hayes says that the relatively populist provisions in President Trump's megabill, like "no tax on tips," are really ...
For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...