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

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

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 ...

WASHINGTON (AP) — The Treasury Department is moving closer to making President Donald Trump’s “ no tax on tips ” promise a reality. But new guidance released Friday tends to limit the number of tipped ...

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.

The new year will bring a host of tax benefits that Americans can take advantage of when filing their taxes in a few weeks. The IRS released its guidance for the "no tax on tips" and "no tax on ...

Millions of workers could soon claim the "no tax on tips" deduction, which offers a tax break for returns filed in 2026. The provision in President Donald Trump's "big beautiful bill" allows certain ...

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 ...