IRS has published a list of requirements to qualify for the 'No Tax on Tips" deduction including job requirements.
Plus: Fantasy football winnings, tax benefits related to cars, stock options, a nod for IRS Chief Counsel, Taylor Swift tax, tax filing deadlines, and tax trivia.
Currently, 68 occupations qualify for the tax break, including bartenders, bakers, roofers, salon workers and estheticians.
Experts doubt the effectiveness of ‘no tax on tips,’ especially for California workers who are facing cuts in other benefits.
The IRS has listed 68 jobs that will qualify for the new "no tax on tips" deduction, which will allow tipped workers to ...
"No tax on tips" has been a pillar of President Donald Trump's economic agenda since the lead-up to the 2024 presidential ...
President Donald Trump's "no tax on tips" policy covers eight industry categories, including food service, entertainment, hospitality and personal services under the One Big Beautiful Bill Act.
A U.S. Treasury Department document includes podcasters, social media influencers and streamers among occupations eligible for tax-free tips.
The IRS just expanded 2026 tax brackets for inflation while the One Big Beautiful Bill brought permanent changes to ...
We're talking about tips that go way beyond the pizza delivery person, your hairdresser and wait staff at your favorite restaurant. Yes, those jobs qualify, too. When it comes to eateries, for example ...
IRS tax breaks for workers are here. Millions can now keep more of their tips and overtime pay. New deductions for 2025–2028 ...