President Donald Trump's promise of "no tax on tips" landed like a windfall for millions of servers, bartenders, and drivers who live on gratuities. The new rules do cut federal income tax on many ...
The Trump administration’s “No Tax on Tips” proposal would do more than make all tips income tax-exempt for servers. While this tax proposal promises to benefit servers, it’s more complex than that.
FILE - A server tends to customers in an outdoor dining area on The Promenade in Santa Monica, Calif., June 9, 2021. (AP Photo/Marcio Jose Sanchez, File) Some segments of the U.S. restaurant industry ...