Earlier this month, President Trump signed the “One Big Beautiful Bill” (OBBB) into law, which contains two key provisions ...

A recent federal law OBBBA could offer major tax relief to some service workers, if they meet specific income and reporting ...

On July 4, 2025, President Donald Trump signed the “One Big Beautiful Bill Act” (OBBBA) into law. The expansive federal tax and spending bill ...

With the passage of the new federal tax bill on July 4, 2025, unofficially referred to as the One Big Beautiful Bill Act (OBBBA), employers ...

President Donald Trump’s recently enacted tax legislation includes a provision that eliminates taxes on tips, a measure he ...

What ‘no tax on tips’ could mean for you Workers must pay federal income tax and payroll taxes on tip income, just as they do on regular wages. Employees are required to report monthly tips ...

President Donald Trump's "big beautiful bill" includes a section for "no tax on tips." Now that the provision is enacted, here's what experts know so far.

President Trump signed into law H.R. 1, better known as the One Big Beautiful Bill Act, on July 4. The legislation includes ...

ROCK HILL, SC / ACCESS Newswire / March 19, 2025 / TaxBandits, a leading e-filing platform for businesses and tax professionals, now supports Form 8027, making the process of reporting tip income ...