Congress moves to kill $6,000 senior break, tax perks on tips, and OT in DC
Congress has blocked the District of Columbia from opting out of federal tax breaks on tips, overtime pay, and a senior standard deduction, forcing the city to conform to changes enacted under the One, Big, Beautiful Bill. The President signed H.J.Res. 142 into law, nullifying the D.C. Income and Franchise Tax Conformity Revision Temporary Amendment…