The IRS has released its guidance for the "no tax on tips" and "no tax on overtime" provisions of the One Big Beautiful Bill Act (OBBBA), for workers who can claim the deductions for the 2025 tax year ...
California Gov. Gavin Newsom violated federal law by upgrading the driver’s license of the illegal migrant trucker accused of causing a horrific, drug-fueled pile-up that killed three people and ...
The Transportation Department declared a national emergency Sept. 26 after an audit found widespread failures in how states issue commercial driver licenses to noncitizens. New federal rules require ...
DOT on Friday held a press conference and released a new Interim Final Rule related to non-domiciled CDL issuance that intends to push almost 200,000 non-citizen drivers out of the industry, and ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. EMS-FORSTER-PRODUCTIONS/Getty ...
The Week 1 NFL schedule is finally here, and several teams will be looking to make a statement with an early-season victory. The Green Bay Packers made the playoffs in 2024 but were ousted by the ...
It’s no surprise that restaurant servers, manicurists, rideshare drivers and dogwalkers are among the workers who won’t have to pay federal tax on their tip income for the next four years, according ...
You know what’s wild? For years, people kept asking the same question: “When will Call of Duty finally make it big in esports?” Well, guess what? It’s happening right now, and frankly, it’s about damn ...
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 ...
A "no tax on tips" proposal has broad support among politicians and Americans across party lines, though critics – including a restaurant trade group – warn the tax break could be costly and apply ...
Hourly workers in the service, hospitality, and retail industries overwhelmingly back President Donald J. Trump’s bold NO TAX ON TIPS plan in the One Big Beautiful Bill, according to a new survey — ...
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