With guidance on the proposal and a call for public comments, the IRS says that the provision would increase the average take-home pay for tipped workers by $1,300 a year.
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
When Donald Trump climbed onto stage at a Nevada campaign rally in June 2024 and pledged "no taxes on tips," his proclamation was brushed off by many pundits as the usual Trumpian stump speech ...
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Workers who receive tips or work overtime will have to make changes to their tax return due to the Trump Tax Law
The 'Trump’s Bill', formally known as the 'Ley de Un Gran y Hermoso Proyecto de Ley' (OBBB), brings substantial changes to the tax landscape, particularly for workers who earn tips or work overtime.
LAS VEGAS (KTNV) — The idea of no taxes on tips hits home for many here in the Las Vegas valley, especially in the service industry — but we're learning that message goes beyond just money. I sat down ...
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