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News

No Tax on Tips bill on its way to U.S. House

CNET on MSN · 1d
What Is the No Tax on Tips Act? Impacts for You as Senate Passes Bill
A sizable tax break could be coming for tipped income, but the economic knock-on effects could be damaging.
Kiplinger on MSN · 4d
New 'No Tax on Tips' Bill Approved: What to Know Now
In a surprising move, the U.S. Senate just passed the “No Tax on Tips Act,” by a vote of 100-0; no senator on either side of the political aisle objected. If the bill becomes law, it could mean that millions of tipped workers get to keep more of what they earn,
TIME on MSN · 3d
What the No Tax on Tips Act Means for Workers and Businesses
Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.
2don MSN
Workers are closer to getting tax breaks for overtime pay and tips. Do you qualify?
People who are considered ‘highly compensated employees’ wouldn’t be eligible for the ‘no taxes on tips’ provision in the GOP ...
3d
When does the No Tax on Tips Act go into effect? Who qualifies in California?
The U.S. Senate unanimously passed the "No Tax on Tips Act," a bill that would create a tax deduction on tips worth up to $25 ...
Money on MSN3d
No Tax on Tips: Who Would Qualify and When?
The big story in Congress right now is that Republican lawmakers in the House are negotiating a large-scale tax bill that ...

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