IRS Finalizes ‘No Tax on Tips’ Rules Days Before April 15
Just days before the April 15 tax deadline, the Internal Revenue Service issued final regulations and clarifications for jobs and situations that qualify for the so-called “no tax on tips” deduction. A preliminary list issued in September gave tax filers some earlier guidance on “no tax on tips” occupations. The list is a long one but so, too, is the list of reasons you might qualify — or not…