No Tax on Tips & Overtime? Here’s What Congress is Debating – And Why It Matters
By B. Rao | February 26, 2025 | MoneyOye.com Key Takeaways: Congress Moves on Tax-Free Tips and Overtime Pay Washington is in the middle of a high-stakes tax debate, with new legislation aimed at eliminating federal income taxes on tips and overtime pay. These proposals—H.R. 482 (No Tax on Tips Act) and H.R. 405 (KEEP Act)—were introduced in early…