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The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
Customers dine in the Wicker Park neighborhood on Nov. 11, 2020, in Chicago, Illinois. The IRS has proposed a new point-of-sale tip reporting program that may help service industry employers avoid ...
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.
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 ...