Categories: Tips

IRS Finalizes ‘No Tax on Tips’ Rules Days Before April 15


USA TODAY Network / Reuters

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…



Source link

Staff Writer

Share
Published by
Staff Writer

Recent Posts

FieldQuote AI – AI Quotes & Invoicing for Contractors

Product Name: FieldQuote AI - AI Quotes & Invoicing for Contractors Click here to get…

2 days ago

11 Million Americans May Need a New Line of Work. 5 Signs You’re One

In 1981, I walked into an E.F. Hutton office with a fresh CPA certificate and…

5 days ago

281. “We have 4 kids and nearly $1M in debt. Are we screwed?”

  Ramit unpacks what happens when inconsistent income, mounting debt, and years of avoiding…

7 days ago

Apple Hiring iCup Supply Specialist to Restock Coffee Beans

Apple is looking to hire someone to keep employees’ coffee cups full. On Sept. 28,…

1 week ago

Holiday Jobs Are the Scarcest Since 2008. Here’s Who’s Still Hiring

If you’re counting on a holiday job to cover Christmas presents this year, don’t wait…

2 weeks ago

There’s Still a Heavy Demand for Workers. It’s in Blue-Collar Jobs

White-collar workers in AI-exposed fields are looking at the skilled trades and asking themselves whether…

2 weeks ago