About 1 in 10 American workers are earning a living as a gig worker. That means they find their customers through Lyft, DoorDash, TaskRabbit and other digital platforms, or do another form of what the ...
Restaurants have long relied on social etiquette to guide the way people tip. But as digital payment systems increasingly suggest gratuities automatically, a new debate is emerging: Should those tips ...
The new federal tax deduction could dramatically reduce your tax bill this year. But it's not exactly tax-free. We break down the critical rules and qualifications. Dawn Allcot is a full-time ...
Budtenders and other cannabis shop workers don't qualify for "No Tax on Tips." Declared tips must be voluntary so mandatory gratuities common for large parties are excluded. IRS guidance remains ...
Locksmiths, tattoo artists and pedicab drivers are among those who could benefit from a new deduction this tax season that lowers the burden on workers who received tips as part of their income last ...
Retirees who aren’t comfortable leaving their retirement spending to the whims of the capital markets can generate consistent income by using their investment portfolio to buy bonds. By building a ...
In July 2025, the 'One, Big, Beautiful Bill' was signed into law and several new tax law provisions are set to become effective, impacting federal taxes, credits and deductions. This bill makes ...
Did you earn tips in the service industry or work a lot of overtime? With the 2026 tax season approaching, you might be wondering how to properly prepare your tax filings. Last summer, President ...
California is among the blue states that won’t be adopting President Trump’s “No tax on tips” policy — and hardworking waitstaff and bartenders in the Golden State aren’t having it. “It would put a ...
Most people think tipping with a credit card is the same as tipping with cash. After all, 20% is 20%, right? But if you chat with anyone in the service industry who primarily gets paid in tips, you'll ...
Millions of service workers who rely on tips could save big when they file their taxes in 2026 thanks to President Donald Trump’s “Big Beautiful Bill.” The legislation included the creation of an ...
Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...