#tipped-workers

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US politics
fromFortune
1 month ago

No tax on tips and overtime explained: What workers can expect

New tax law eliminates taxes on tips and overtime pay for certain workers, potentially benefiting those with higher earnings.
US politics
fromFast Company
1 month ago

'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 allows eligible tipped workers to deduct a portion of their income from tips on their federal income taxes.
fromwww.npr.org
1 month ago

Congress passed no tax on tips in Trump's 'big, beautiful bill.' Here's how it works

After the provision goes into effect, workers will be able to deduct $25,000 in tips annually from their taxable income. After that, tips will be federally taxed.
US news
US politics
fromNew York Post
3 months ago

Senate unanimously approves $25,000 tax break for tipped workers

The US Senate passed a bill to offer a tax deduction on tips, including business tax credits for payroll taxes on tips in beauty services.
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