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Internal Revenue Service Publishes Final Rule for “No Tax on Tips” Deduction

May 12, 2026

As previously reported, the so-called “One Big Beautiful Bill Act” (OBBBA) provides an income tax deduction for “qualified tips” received by individuals in occupations that customarily and regularly received tips on or before December 31, 2024. (Read More)

Article By: Rob Pritchard Littler

 

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