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IRS releases guidance for Americans to cash in on new tax break on tips and overtime pay

IRS releases guidance for Americans to cash in on new tax break on tips and overtime pay

By Swedan Margen

Culture

The IRS has issued guidance for workers who can claim the deduction for tips and overtime pay -- part of the One Big Beautiful Bill Act -- for the 2025 tax year.

Originally published by washingtontimes.com. Syndicated material does not necessarily reflect the views of Grazia British.

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IRS releases guidance for Americans to cash in on new tax break on tips and overtime pay | Grazia British