In a surprising turn, Republicans are reshaping tax laws inspired by a waitress's complaint. Discover how this populist approach is influencing tax reforms and Trump's path back to power.
Tipped workers in the U.S. are set to benefit from a new tax law allowing them to deduct $25,000 in tips from their taxable income. This major change, part of the One Big Beautiful Bill Act, could lead to significant tax refunds for many workers.
President Trump is pushing for tax exemptions on tips and overtime pay to win over working-class voters. Congress is moving closer to making this a reality, despite concerns over the budget and labor market implications.
Tax season can be daunting for seniors, especially with Social Security benefits potentially taxed. Discover which states offer exemptions and how to navigate your tax obligations effectively.
