07/17/2026
The IRS has issued final regulations implementing the new "No Tax on Tips" deduction, providing guidance on eligible occupations and qualifying tip income. The rules outline specific requirements for tips to qualify and clarify how employees, gig workers and self-employed individuals may claim the deduction. Click through to learn more.
The IRS has issued final regulations implementing the new "No Tax on Tips" deduction, providing guidance on eligible occupations and qualifying tip income. The rules outline specific requirements for tips to qualify and clarify how employees, gig workers and self-employed individuals may claim the d...