Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...
Find out how these new deductions could reduce your tax bill and what you need to know to qualify before they expire.
Tipped workers in Nevada, particularly in Las Vegas, are grappling with the reality behind the "no tax on tips" promise, which experts say is mislea ...
The proposed regulations define “qualified tips” for purposes of the deduction and contain details on allowable forms of payment.
People working in an occupation on an approved list who receive qualified tips would be eligible for the tax benefit.