The tax and spending bill passed by Congress and signed into law by the president on July 4 contained many provisions that impact both individuals and businesses. One that received a lot of attention ...

The IRS has listed 68 jobs that will qualify for the new "no tax on tips" deduction, which will allow tipped workers to ...

A U.S. Treasury Department document includes podcasters, social media influencers and streamers among occupations eligible ...

The Treasury Department is moving closer to implementing President Trump's "no tax on tips" promise. New guidance released ...

President Donald Trump's "no tax on tips" policy covers eight industry categories, including food service, entertainment, hospitality and personal services under the One Big Beautiful Bill Act.

Digital content creators, alongside bartenders and waiters, will be able to deduct tip earnings from taxable income starting ...

Waiters and bartenders are included in a proposed list of jobs that could qualify for a federal tax break on tips, as well as ...

Federal agencies are working to make President Donald Trump’s “no tax on tips” campaign promise a reality for eligible filers starting with their 2025 income, issuing new guidance Sept. 19 spelling ...

The "no tax on tips" provision in the One Big Beautiful Bill Act that eliminates federal taxes on tips is now in effect. The ...

From financial gifts to Roth withdrawal rules, here’s what income stays tax-free under the new Trump 2025 tax bill, and some ...

This week’s Tax Breaks newsletter also looks at fantasy football winnings, car-related tax deductions, stock options, IRS Chief Counsel nod, Taylor Swift tax, tax filing deadlines, and tax trivia.

Philadelphia hospitality industry workers who rely on tips, whether cash or charged, can take advantage of a new federal tax deduction on top of the standard deduction for tips under a new law signed ...