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Senate unanimously approves bill to create tax deduction for cash tips
The unexpected voice vote comes as congressional Republicans work to pass legislation that would include a similar provision.
Senate unexpectedly passes the No Tax on Tips Act in a unanimous vote
Nev., called up the bipartisan bill for immediate passage, and no senator objected. The measure now goes to the House.
Today3d
The Senate passed the No Tax on Tips Act. What it means for restaurant workers
For example, if a bartender earned $70,000 in a given year and $25,000 of that income came from cash tips, he or she would be taxed on $45,000 of income instead of $70,000 when it came to paying ...
Daily Herald4d
The Senate passed Trump’s No Tax on Tips Act. Here’s what it could mean.
Bill S. 129, or the No Tax on Tips Act, creates a federal income tax deduction of up to $25,000 a year for certain types of cash tips for eligible employees. Sen. Ted Cruz (R-Texas) introduced ...