House passes Trump's 'big beautiful' tax bill
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Since taking office, Mr. Trump has raced to enact his economic vision, aiming to pair generous tax cuts with sweeping deregulation that he says will expand America’s economy. He has fashioned his steep, worldwide tariffs as a political cudgel that will raise money, encourage more domestic manufacturing and improve U.S. trade relationships.
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.
Worried about IRS wage garnishment? Here's what to know about your options before more of your paycheck disappears.
The budget bill approved by the House promises to benefit many food workers, but some details are still unclear.
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Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.
Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.
The legislation has implications for those who give gratuities and those who pocket them, with the potential to leave both sides feeling shortchanged.