CNBC’s Sharon Epperson explains the new deduction for earnings from tips. For more Tax Tips, go to cnbc.com/money101 to sign ...

There will be no tax on tips and no tax on overtime this tax season. Here's what to know about deductions and who qualifies ...

"No Tax on Overtime" is a provision included in the tax reform bill known as the One Big Beautiful Bill Act, which passed in ...

Indiana Senate leaders want to fork over $250 million from the state's reserves to extend President Donald Trump's "no taxes" ...

The Wisconsin Assembly passed a bill Thursday to eliminate state income tax on tips, advancing legislation that mirrors ...

But while the phrase “no tax on tips” suggests widespread savings, experts say many tipped workers already owe no federal income tax due to their income level.

The Treasury Department is moving closer to making President Donald Trump’s “no tax on tips” promise a reality. But new guidance released Friday tends to limit the number of tipped workers who will be ...

Tuesday, Indiana Senate Republicans voted in favor of implementing tax cuts for working Hoosiers, which includes no tax on ...

The Wisconsin State Assembly passed bipartisan legislation that would eliminate state taxes on certain overtime pay and tips.

No tax on tips: Workers who receive tips can deduct up to $25,000 of qualified tip income on their federal return. No tax on ...

As the 2026 tax filing season draws closer, the Internal Revenue Service (IRS) is encouraging Americans to begin preparing ...