Beginning with the 2025 tax year (for returns filed in 2026), eligible workers can deduct up to $25,000 in reported tip ...
The "big beautiful bill" introduced a tax provision that allows some workers to deduct the tips they earn. The IRS released ...
New deductions under the OBBB Act could save service workers and overtime earners up to $25,000 if they file correctly.
Addressing reporters two days before the IRS’ April 15 filing deadline, President Donald Trump said, "We should call it the ...
It’s no surprise that restaurant servers, manicurists, rideshare drivers and dogwalkers are among the workers who won’t have to pay federal tax on their tip income for the next four years, according ...