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'No tax on tips': Proposed legislation aims to eliminate federal taxes on tips for workers
A proposal to eliminate federal taxes on tips, known as the "No Tax on Tips Act," is gaining attention on Capitol Hill.
Why You May Owe More Tax Soon on Popular Employee Benefits
The proposal is estimated to save $50 billion in spending over 10 years. Kate is a CPA with experience in audit and ...
Service Industries And The FICA Tip Credit
To qualify for the FICA tip credit, employers must operate in an industry where tipping is customary, such as food and ...
‘A tip is a gift, not a guarantee’: Horsford bill aims to end taxes on tips, subminimum wage
Nevada’s Rep. Steven Horsford re-introduced legislation that would eliminate subminimum wage and end taxes on tips.
Horsford's TIPS Act gains support to ensure fair pay
Congressman Steven Horsford, joined by fellow lawmakers, wage advocates, and tipped workers, announced the reintroduction of ...
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Lawmaker blames FedEx pressure, Trump bungling for de minimis U-turn
Rep. Rosa DeLauro says the Trump administration has retreated from removing a lucrative tariff exemption for low-value ...
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Democrats reintroduce no-tax-on-tips bill that would also end the sub-minimum wage
On Thursday, Rep. Steven Horsford (D-Nev.) reintroduced the TIPS Act, a bill first introduced last year that not only seeks ...
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What’s All the Fuss About Tips and Taxes?
Both presidential candidates have touted no-tax-on-tips pledges, but experts say it’s bad policy. Many, or all, of the products featured on this page are from our advertising partners who ...
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Rep. Horsford reintroduces bill to eliminate taxes on tips, subminimum wages
Rep. Steven Horsford (D-Nev.) plans to reintroduce the Tipped Income Protection and Support (TIPS) Act. The legislation would ...