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

The budget bill approved by the House promises to benefit many food workers, but some details are still unclear.

Worried about IRS wage garnishment? Here's what to know about your options before more of your paycheck disappears.

Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.

Tax cuts favored by President Trump are amplifying debt and deficit concerns and pushing 30-year Treasury yields to their highest level since October 2023.

Nixing income taxes was one of President Donald Trump's top policy promises during his 2024 election campaign.

The legislation has implications for those who give gratuities and those who pocket them, with the potential to leave both sides feeling shortchanged.