IRS has published a list of requirements to qualify for the 'No Tax on Tips" deduction including job requirements.

"No tax on tips" has been a pillar of President Donald Trump's economic agenda since the lead-up to the 2024 presidential ...

The IRS has unveiled a draft of the new Schedule 1-A form, set to simplify claiming deductions for tips, overtime, auto loan interest, and senior benefits. As part of the OBBBA, this form aims to ease ...

“Qualified tips must be paid voluntarily by the customer and not be subject to negotiation,” said a statement released by the ...

The Internal Revenue Service announced changes to over 60 tax provisions that are expected to save Americans more money for ...

The IRS said about 34,000 of its 74,299 employees will be furloughed after its original contingency plan to pay workers using ...