The Treasury has released a preliminary list of jobs that qualify for the new tip deduction. A whopping 68 occupations, including podcasters and bakers, made the list—some of them may surprise you.
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...
President Donald Trump's "big beautiful bill" includes a section called “no tax on tips.” The deduction is worth up to $25,000 for eligible workers with "qualified tips." The U.S. Department of the ...
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