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 ...
Tipping – how much to tip or whether to do it – has always been a controversial topic. A new Bankrate survey found that 63% of Americans had at least one negative view toward tipping, but most are ...
Vice President Kamala Harris and former President Donald Trump have both endorsed a policy to eliminate federal taxes on tips, a rare instance of agreement between the two campaigns as they aim to ...
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.
Thomas is a native of upstate New York and a graduate of the University at Albany. As a former member of CNET's How To team, he wrote about the intersection of policy, information and technology, and ...
Let’s talk about tipping — again. Because just when you thought navigating who gets what and how much was complicated enough, Congress is about to make it even messier. The Senate’s unanimous ...
The topic of tipping at food establishments remains a hot debate. It can get particularly heated when it comes to when and how much customers should tip, whether it’s a full-service or quick-service ...
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