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09/26/2025 / Last updated : 09/26/2025 editor 1 Legal

IRS: “No Tax on Tips” Occupations

The Internal Revenue Service (IRS) has unveiled proposed regulations listing 68 jobs that will qualify for the new “No Tax on Tips” deduction, which, effective 2025 through 2028, allows eligible employees and self-employed workers to deduct “qualified tips” received while working in “occupations that customarily and regularly receive tips” as specified by the IRS. Eligible […]

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