IRS Clarifies How to Claim ‘No Tax on Tips’ Deductions

pymnts.com/taxes/2025/irs-clarifies-how-to-claim-no-tax-on-tips-deductions

The Internal Revenue Service (IRS) has issued guidance that it said clarifies how to claim deductions associated with the “No Tax on Tips” law.




The guidance also provides “transition relief” for workers who receive tips in specified service trades or businesses, the IRS said in a…

This story appeared on pymnts.com, 2025-11-22 00:41:03.
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