IRS’ temporary relief grants more workers eligibility under Trump’s ‘no tax on tips’ law

This story was originally published on HR Dive. To receive daily news and insights, subscribe to our free daily HR Dive newsletter. The U.S. Department of the Treasury and the Internal Revenue Service issued guidance Friday that will temporarily allow more workers to cash in on the “no tax on tips” and “no tax on overtime” provisions of President Donald Trump’s One Big Beautiful Bill. Under the 2025 budget reconciliation bill, workers generally can deduct up to $25,000 in tips and $12,500 in overtime fro ...