The latest changes to tax laws impacting tipped income introduce new considerations for hospitality businesses, particularly within the restaurant industry. With these changes starting this tax year, ...
NEW ORLEANS (WVUE) - Most restaurants in New Orleans are hard-pressed to find customers during the summer. Samuel Yannini, the lead bartender at Rizzuto’s in the CBD, says that due to new tax laws, he ...
The U.S. Congress made waves this year after enacting the One Big Beautiful Bill Act (OBBB Act), which provides no tax on tips (or overtime) through 2028. The Internal Revenue Service (IRS) ...
Tax season is underway, and a new law could bring relief to many Americans who rely on tips to make a living.The “no tax on ...