There will be no tax on tips and no tax on overtime this tax season. Here's what to know about deductions and who qualifies ...
The latest changes to tax laws impacting tipped income introduce new considerations for hospitality businesses, particularly within the restaurant industry. With these changes starting this tax year, ...
The U.S. Congress made waves this year after enacting the One Big Beautiful Bill Act (OBBB Act), which provides no tax on tips (or overtime) through 2028. The Internal Revenue Service (IRS) ...