When the manager of a local fried chicken restaurant pulls into the Waffle House parking lot, server and cook Mike Broughton gets to work. Four to six eggs, scrambled. Wheat toast, dry, with ...

W-2s and 1099s will not have new fields this year, but the IRS has now provided guidance on how employees can still claim tax deductions for tips and overtime pay. As we reported in our previous ...

Certain workers may now be able to keep more of what they earn, but what does “no tax on tips” really mean for employees and their employers? The “One Big Beautiful Bill” recently passed by the U.S.

The House and Senate bills differ in key ways, including that while the House bill would provide a deduction on tips and overtime earnings, the Senate bill provides a deduction for tips only. It ...