California is among the blue states that won’t be adopting President Trump’s “No tax on tips” policy — and hardworking waitstaff and bartenders in the Golden State aren’t having it. “It would put a ...
Millions of Americans who receive tips or overtime pay have been issued new guidance from the Internal Revenue Service (IRS) clarifying what tax deductions are available to them. On Friday, the IRS ...
The bonds known as Treasury inflation-protected securities are designed to protect investors’ income against rising prices and perhaps even deliver an extra bit of return. But do TIPS, as the bonds ...
What began as a campaign promise in Nevada became law this summer with the passage of the One Big Beautiful Bill Act: "No taxes on tips" is now nationwide. But even as pundits debate its merits, ...
The federal government has shed light on which tips would be eligible for a proposed tax deduction in the "no tax on tips" initiative contained in the Trump administration's so-called One, Big, ...
WASHINGTON (AP) — The Treasury Department is moving closer to making President Donald Trump’s “ no tax on tips ” promise a reality. But new guidance released Friday tends to limit the number of tipped ...
Federal agencies are working to make President Donald Trump’s “no tax on tips” campaign promise a reality for eligible filers starting with their 2025 income, issuing new guidance Sept. 19 spelling ...
Streamers, YouTubers and other content creators are eligible for the new "No Tax on Tips" policy in the One Big Beautiful Bill Act President Donald Trump signed into law on July 4, 2024. "Digital ...
A U.S. Treasury Department document includes podcasters, social media influencers and streamers among occupations eligible for tax-free tips. By Alex Weprin Senior Editor President Trump’s One Big ...
Some 'no tax on tips' occupations might surprise you: Podcasters, social media influencers, plumbers and house painters. The new, special tax break on tips is retroactive and applies to eligible tip ...
Tucked away among the 940 pages of President Donald Trump’s massive One Big Beautiful Bill Act (OBBBA) are an array of new tax write-offs, exemptions that Trump promised to enact while running for a ...
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 ...