The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily ...

The IRS said it expects 164 million individual tax returns to be filed.

Influencers, rideshare drivers, performers, baristas and more will be covered under the “No Tax on Tips” policy passed as part of President Donald Trump’s recent spending bill, multiple reports ...

Tipped workers will be able to deduct up to $25,000 in tips from their taxable income beginning in 2025. To help sort out the details, the Treasury and the IRS are rolling out additional guidance.

Donald Trump speaks during a rally at the Grand Sierra Resort in Reno on Oct. 11, 2024, where he promised his supporters, “No Tax on Tips” to raucous applause. JASON BEAN/RGJ USA TODAY NETWORK Law ...

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 ...