The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...

The “No Tax on Tips” provision, passed and signed into law on July 4 as part of President Donald Trump’s One Big Beautiful ...

Under the bill Trump signed into law on July 4, the U.S. Treasury Department must publish a list by Oct. 2 of occupations ...

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

Labor advocates say President Trump’s big promise to end tax on tips has morphed into a more complicated policy reality, and ...

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...

The "no tax on tips" provision within the Senate version of the One Big Beautiful Bill Act allows tipped workers to deduct ...

Question from Jill March 18, 2011 at 10:26am Richard, My employer is sending out amended W-2's to report tips earned. Can I file with my current W-2 and claim 10% of my income for tips instead of ...

Over the past number of years, the IRS has been on a campaign to “encourage” tipped employees to properly and accurately report their tip income. Because tip income often is received in the ...

The Internal Revenue Service has extended for another two years the Attributed Tip Income Program, which makes it easier for workers in the food and beverage industry to report the money they earn ...

Question: I just began a job as a bartender for a busy hotel bar and my manager told me that if I do not report my tips, he will be forced to allocate tips to me on my 2024 Form W-2 which can ...