Competing House and Senate bills have the potential to reshape how the IRS taxes tips and overtime wages. The Senate recently passed the “No Tax on Tips Act” while the House budget reconciliation bill ...

President Donald Trump "One Big Beautiful Bill Act" was narrowly passed by the U.S. House on May 22. Here's what it means for Americans. Though the bill was known to many for its aim to end federal ...

Back in February, the House passed a budget bill establishing the congressional budget for the 2025 fiscal year and setting forth budgetary levels for the fiscal years 2026 through 2034. This bill ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NEXSTAR) — The House passed the “One Big ...

The House Ways and Means Committee released the text of the "one, big, beautiful" budget bill, which included much of the Republicans' wish list such as no taxes on tips or overtime, and the ...

The House's first draft of tax legislation includes a provision to end taxation of overtime pay, as President Donald Trump promised in 2024. The provision is included in the 389-page tax bill, which ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NEXSTAR) — After an overnight marathon, the ...