IRS guidance for Trump's 'no tax on tips' and overtime deductions: What to know

Fox Business | 13:01 01-01-2026 | Finance

The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible workers can claim up to $25,000 for tips and $12,500 for overtime.

© 2026 Americas Inside. All rights reserved.
About Us Privacy Terms of Use Disclaimer Cookie Policy Contact