President Donald Trump’s recently enacted tax legislation includes a provision that eliminates taxes on tips, a measure he ...

Several impactful tax changes are already in force for 2025 under the One Big Beautiful Bill. Here's what taxpayers need to ...

On July 4, 2025, as part of the One Big Beautiful Bill Act (Act), provisions titled “No Tax on Tips” and “No Tax on Overtime” were signed into ...

President Donald Trump's "big beautiful bill" includes a section for "no tax on tips." Now that the provision is enacted, ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year ...

You must report the income you made from tips on your tax return. On its website, the IRS advises you keep a "daily tip record" in order to have the full amount ready to report come tax season.

The "Big Beautiful Bill" did not actually eliminate taxes on tips, overtime, or Social Security, but many people will be able ...

If tax time is upon you and you have unreported tips to your employer, you must complete an IRS Form 4137, Social Security Tax on Unreported Tip Income. Make sure to report any unreported tip ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...

Certain workers may now be able to keep more of what they earn, but what does “no tax on tips” really mean for employees and ...

If tax time is upon you and you have unreported tips to your employer, you must complete an IRS Form 4137, Social Security Tax on Unreported Tip Income. Make sure to report any unreported tip ...

President Trump signed the “One Big Beautiful Bill” (OBBB) into law, which contains two key provisions that are likely to be ...