Tips have a clear definition for tax purposes: the payment must be made “free of compulsion,” and the customer determines the amount—it cannot be the result of negotiation. Those restrictions make it ...
During the White House press briefing today, press secretary Karoline Leavitt discussed President Trump's plan to implement his "no tax on tips," policy.
With President Donald Trump promising an end to federal income taxes on tips and overtime pay, a group of North Carolina legislators is offering a similar exemption for state income taxes. State Reps.
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