The IRS has released drafts of some 2026 tax forms, including a draft of Form W-2. The changes are intended to address tax reporting updates, particularly for tipped and overtime workers. Wondering ...

The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...

The U.S. Senate passed the "No Tax on Tips Act" on May 20, a bill introduced by Sen. Ted Cruz of Texas that would create a tax deduction on tips worth up to $25,000. President Donald Trump promised to ...

Not all workers will feel the impact of this bill — and some may not benefit at all. So who’s cashing in, and who’s missing out? The U.S. Senate unanimously passed the No Tax on Tips Act, which would ...

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.) ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (The Hill) — The Senate on Tuesday passed a ...