3 days ago · The IRS has released Notice 2025-69, which provides guidance for workers claiming the new deductions for qualified tips and qualified overtime compensation for tax year 2025.

6 days ago · New 2025 tip deduction rules demand precision. Help clients decode qualified tips, prove eligibility and avoid misreporting during this transition.

2 days ago · Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.

Nov 26, 2025 · The IRS has issued guidance on how millions of US workers can claim deductions on cash tips and overtime income for the 2025 tax year, with actual use cases provided.

2 days ago · Thanks to Trump's spending bill, taxpayers in the U.S. can expect no taxes on overtime and tips beginning this upcoming tax season.

Nov 28, 2025 · The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible workers can claim up to $25,000 for tips and $12,500 for …

1 day ago · The "No Tax on Tips" policy included in President Trump's One Big Beautiful Bill will exclude adult content creators. Enforcement is unclear.

Nov 22, 2025 · Millions of Americans who rely on tips and/or overtime to bolster their income could be impacted by the new advice.

Nov 21, 2025 · The Internal Revenue Service signaled that it is relaxing enforcement of the new “no tax on tips” law, allowing more workers to potentially take advantage of the break. The …

Aug 10, 2024 · In the final stop of the Harris-Walz introductory tour, Vice President Kamala Harris said that, if elected, she would end federal income tax on tips, mirroring a proposal made by …