The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for tip-earning workers: the ability to exempt a portion of their tip income ...

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 recently enacted tax legislation includes a provision that eliminates taxes on tips, a measure he ...

The new No Tax on Tips baked into President Trump’s ‘Big, Beautiful Bill’ has caused confusion and anger for restaurant ...

Question from Jill March 18, 2011 at 10:26am Richard, My employer is sending out amended W-2's to report tips earned. Can I file with my current W-2 and claim 10% of my income for tips instead of ...

Question: I just began a job as a bartender for a busy hotel bar and my manager told me that if I do not report my tips, he will be forced to allocate tips to me on my 2024 Form W-2 which can ...

Headlines falsely claim the IRS is cracking down on the reporting of tips by service industry workers, including waiters. Here's what's actually happening. Skip Navigation.

The Internal Revenue Service has extended for another two years the Attributed Tip Income Program, which makes it easier for workers in the food and beverage industry to report the money they earn ...

The Minnesota Society of CPAs offers tips concerning the rules governing how to report tip income. The IRS requires employees who receive tips to keep a daily tip diary or to use some other method ...

Over the past number of years, the IRS has been on a campaign to “encourage” tipped employees to properly and accurately report their tip income. Because tip income often is received in the ...

Headlines falsely claim the IRS is cracking down on the reporting of tips by service industry workers, including waiters. Here's what's actually happening. Skip Navigation.

In the 1990s, the IRS realized some service workers and their employers were having difficulty complying with tip reporting requirements on their own, resulting in unreported income and audits.