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What to know — and what isn’t known yet — about tax deductions for tips and overtime pay
Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...
No tax on tips and overtime? What you need to know — and what isn’t known yet
Under the bill Trump signed into law on July 4, the U.S. Treasury Department must publish a list by Oct. 2 of occupations ...
No tax on tips: How does it work? How much can I save? See what Trump's new bill means
Workers earning "midrange" pay can still see meaningful savings. A warehouse supervisor earning $60,000 with $10,000 in ...
‘No Tax on Tips’ is now the law: What workers should know about timeline, how paychecks will be impacted
The “No Tax on Tips” provision, passed and signed into law on July 4 as part of President Donald Trump’s One Big Beautiful ...
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How You Should Report Tax-Exempt Tip Income to the IRS under the New Tax Plan
The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
New Orleans service workers celebrate 'No Tax on Tips' law that could boost take-home pay
Servers like Shey Newman at Katie’s Restaurant could save thousands yearly under the new law exempting up to $25,000 in tips ...
New 'no tax on tips' law leaves hospitality industry skeptical of benefits
Asheville service workers concerned if new 'no tax on tips' law will be beneficial or be outweighed by stipulations and repercussions.
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No tax on tips: What workers should know
The "no tax on tips" provision in the federal spending bill creates a new deduction for tipped workers, eliminating or decreasing what they owe in federal income tax. Tipped workers still have to pay ...