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  1. You are here:  
  2. Politics

Senate passes bill offering tax deduction on tips up to $25,000

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21 May 2025
Politics
  • Previous Article Johnson reaches tentative $40,000 SALT deduction cap deal for Trump's bill
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Trump tax cuts: Here's what could happen to millions of Americans if they expireThe U.S. Senate has passed a new bill that would offer a tax deduction on tips worth up to $25,000.

This bill, if enacted into law, would also extend to business tax credits for payroll taxes on tips in beauty and spa services.

Sen. Ted Cruz[1], a Texas

...

Read more https://www.foxnews.com/politics/senate-unanimously-approves-25000-tax-break-tipped-workers

  • Previous Article Johnson reaches tentative $40,000 SALT deduction cap deal for Trump's bill
  • Next Article 'Old guard' Dem beats incumbent progressive in Pittsburgh mayor primary

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