The bonds known as Treasury inflation-protected securities are designed to protect investors’ income against rising prices and perhaps even deliver an extra bit of return. But do TIPS, as the bonds ...

Treasury posted a preliminary list of occupations that customarily and regularly receive tips for purposes of the “no tax on tips” provision of H.R. 1, P.L. 119-21, commonly known as the One Big ...

“No tax on tips” is a symbolic tax break that is very limited and poorly targets the workers who need tax relief the most. Many among the small number of workers who will benefit will also face the ...

The “No Tax on Tips” provision, passed and signed into law on July 4 as part of President Donald Trump’s One Big Beautiful Bill Act, allows eligible tipped workers to deduct a portion of their income ...

NOTE: An earlier version of this story overestimated how much workers could save in federal taxes under President Donald Trump’s “big, beautiful bill” and did not apply progressive tax brackets. The ...

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.) ...

Nixing income taxes was one of President Donald Trump's top policy promises during his 2024 election campaign, and the idea has also been embraced by Democrats. The No Tax on Tips Act would introduce ...

Inflation just won’t stand down. But you can stand up to it. This week, the government reported that consumer prices rose 3% in January from a year earlier, reversing inflation’s sluggish decline from ...

President Donald Trump in late January reiterated his pledge to end taxes on tips during a Nevada rally, echoing a campaign promise he debuted while campaigning there. Speaking at the Circa resort and ...

A majority of Americans favor President-elect Trump’s proposal to end taxes on tips, according to a new survey. In the poll from The Associated Press-NORC Center for Public Affairs Research, 54 ...

President-elect Donald Trump campaigned on removing taxes on tips; many Democrats agree with the idea. Economists and tax experts say eliminating income tax on tips will not benefit most tipped ...