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New 'No Tax on Tips' Approved for 2025: What to Know Now

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the 2025 tax year. That means workers could claim the deduction when they file ... read more

Trump's 'no tax on tips' is getting close to the finish line. Here's how it will work.

The Senate narrowly approved Trump's tax bill, which includes a provision that would make his “no tax on tips” campaign promise a reality. read more

How does no tax on tips work and what it means for New Jersey workers; what to know now

A full-time NJ restaurant worker earning $40,000 base salary and $20,000 in tips could deduct all of their tips. If they also pull in $10,000 in overtime during the year, they’re nearly maxing out ... read more

"Big, beautiful bill" gives tipped workers a new tax break. Here's what to know.

After narrowly squeaking through the House on Thursday, the "big, beautiful bill" now heads to the president's desk for his signature. As part of the legislation, workers who rely on tips for a large ... read more

Florida tipped workers get new tax break under President Trump's "big, beautiful bill"

A new Trump-backed budget law allows tipped workers to deduct up to $25,000 in tips and $12,500 in overtime, offering temporary tax relief through 2028. read more

US restaurant workers say ‘no tax on tips’ undermined by benefits cuts

Restaurant workers point out that new work requirements don’t account for the unstable hours inherent in food service. read more

St. Johns restaurant workers react to tax break on tips in Trump's new bill

I'm your St. Johns neighborhood reporter Claire Bacarella at The Heist Grille, where local restaurant workers are reacting to a tax break that could put more money in their pockets. read more

What's in the 'big, beautiful bill' for American workers?

Analysis shows Trump's tax bill would reduce federal tax burdens for all income levels, making TCJA's lower rates permanent while adding temporary deductions for tips and overtime. read more

Why Trump tax deductions — for tips, car loans and more — may not carry large benefits for low earners

Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t benefit low earners much. read more

AI and ‘recession-proof’ jobs: 4 tips for new job seekers

Experts told PBS News that there are plenty of concrete steps grads can take to help make the job search less painful and more rewarding. read more

Warren Buffett: 13 Easy Money Tips That Can Work for Anyone - Yahoo Finance

To make extra money, you may feel like you'll have to take on a bunch of side gigs or find a new job that earns a higher paycheck. However, you may just need to take the advice of someone who knows ... read more

5 Personal Finance Tips for New College Graduates - CNBC

Below, CNBC Select shares five tips from financial experts to help new graduates make smart decisions with their money. 5 money tips for recent graduates Know the 50/30/20 rule ... read more