Currently, 68 occupations qualify for the tax break, including bartenders, bakers, roofers, salon workers and estheticians.
A U.S. Treasury Department document includes podcasters, social media influencers and streamers among occupations eligible for tax-free tips.
The One Big Beautiful Bill Act, signed into law in July, has wide-reaching implications for taxpayers. From an enlarged ...
IRS: Learn how to claim new tax deductions available in the IRS Schedule 1-A, covering tips, overtime pay, car loans, and enhanced deductions for seniors.
Millions of bartenders, servers, and hotel staff expected tax-free tips under Trump's campaign promise. Instead, they got a ...
A popular workplace perk — free office snacks — may be on the chopping block after President Trump’s newly signed tax law eliminated a longstanding deduction for employer-provided meals. Starting Jan.
In this week's Ask the Editor Q&A, Joy Taylor answers more questions about the use of qualified charitable distributions ...