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‘No Tax on Tips’ is now the law: What workers should know about timeline, how paychecks will be impacted
fastcompany.com/91364927/no-tax-on-tips-overtime-law-timeline-rules-how-paychecks-will-be-impacted-workers
The “No Tax on Tips” provision, passed and signed into law on July 4 as part of President Donald Trump’s One Big Beautiful Bill Act, allows eligible tipped workers to deduct a portion of their income from tips on their federal income taxes.
There is a catch: It’s only a temporary…
This story appeared on fastcompany.com, 2025-07-08 20:45:00.