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No tax on tips: What businesses and workers should know

The tax and spending bill passed by Congress and signed into law by the president on July 4 contained many provisions that impact both individuals and businesses. One that received a lot of attention ... read more

No more tax on tips? Workers welcome plan, but experts say there are better ways to help

LOUISVILLE, Ky. – When the manager of a local fried chicken restaurant pulls into the Waffle House parking lot, server and cook Mike Broughton gets to work. Four to six eggs, scrambled. Wheat toast, ... read more

4 Money Tips for New Workers

So you landed a new job. Congratulations! You're making money. But do you know what you should be doing with it? Most people don’t learn about money management in school. There are many things to ... read more

Who’s Eligible For No Tax On Tips? Trump’s New Policy Set To Include Influencers, Uber Drivers And More

The “No Tax on Tips” provision passed as part of the megabill that Trump signed into law in July, allowing workers in service professions to deduct up to $25,000 in tips from their federal income ... read more

Trump's ‘no tax on tips' sparks questions for workers: ‘We're looking at a crystal ball,' expert says

President Donald Trump's "big beautiful bill" includes a section called "no tax on tips" — an idea that both Republicans and Democrats floated during the 2024 campaign. Now that the provision has been ... read more

What jobs are eligible for 'no tax on tips' in 2025? Preliminary list might surprise you

The tax break for tipped workers, worth up to $25K in 2025, sounds straightforward but doesn't apply to all tips or all jobs and occupations. read more

Trump’s tax bill exempts tips for some workers, including influencers

Workers in 68 occupations may soon be able to keep more of their tips under a provision in President Donald Trump’s recently signed tax bill. The “no tax on tips” measure ... read more

11 Essential Money Tips For New College Grads

When my nephew Michael walked across the graduation stage at Wake Forest University last week to pick up his bachelor of science diploma, I wasn’t worried about his financial future. Ever since he was ... read more

5 personal finance tips for new college graduates

Each year, a new crop of college graduates heads out into the world to face a variety of financial challenges — from applying for credit cards to deciding how much to start saving for retirement. The ... read more

Four money tips for new workers

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The First Church of Christ, Scientist, and we’ve always been transparent about that. The church publishes the ... read more