As previously reported, the so-called “One Big Beautiful Bill Act” (OBBBA) provides an income tax deduction for “qualified tips” received ...

The US Department of the Treasury and the Internal Revenue Service (IRS) on November 21, published a detailed guidance for workers eligible to claim new tax deductions on tips and overtime ...

Millions of Americans who receive tips or overtime pay have been issued new guidance from the Internal Revenue Service (IRS) clarifying what tax deductions are available to them. This guidance stems ...

Critics across the political spectrum have argued that “No Tax on Tips,” which had bipartisan support, is a misguided attempt to help low-wage workers and violates tax equity principles. American ...

The "big beautiful bill" introduced a tax provision that allows some workers to deduct the tips they earn. The IRS released the final rule on who qualifies.

The Internal Revenue Service has relaxed a rule in the “no tax on tips” legislation so that more workers can potentially take advantage of the perk. The “no tax on tips” law was a provision included ...

On April 10, 2026, the Internal Revenue Service (IRS) and U.S. Department of the Treasury unveiled a new final rule implementing the “No Tax on Tips” provision of the 2025 One Big Beautiful Bill Act ...

The final regulations list more than 70 separate occupations of tipped workers from bartenders to clowns to golf caddies to locksmiths to massage therapists. Tip income involving "service charges" ...

The Internal Revenue Service and the Treasury Department released final regulations Friday on the new tax deduction for tipped employees under the One Big Beautiful Bill Act, finalizing the list of ...