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Why No Tax On Tips May Be Making America’s Tipping Problem Worse
CNBC· 2025-12-23 17:01
I'm Colin Sheedy. I work front of house at Burger Stand, Lawrence. I've been a tip worker for about five years.So I think the prospect of having to pay less in taxes is enticing. The new no tax on tips provision in the One big Beautiful bill allows tipped employees to deduct up to $25,000 from their federal tax filing each year. The program began in 2025 and is in place through 2028.This provision will increase average take home pay for tipped workers by $1,300 a year. But I think this is something that wil ...
X @Bloomberg
Bloomberg· 2025-12-23 05:22
The bosses of some of Britain’s biggest companies predict a fresh wave of challenges next year, as they absorb the impact Chancellor of the Exchequer Rachel Reeves’ tax-raising budget in November https://t.co/zIgEj02a3w ...
X @Forbes
Forbes· 2025-12-22 17:37
Updated postmark rules are redefining what we think of as “on time.” This could have big implications for year-end givers and for taxpayers at tax time. https://t.co/8FRhh7i4EP ...
X @Bloomberg
Bloomberg· 2025-12-22 01:30
Indonesia is seeking to plug an unusually deep revenue shortfall before year-end by scrutinizing wealthy individuals and big businesses for extra tax payments. https://t.co/WbBEpBqbb6 ...
X @Bloomberg
Bloomberg· 2025-12-21 21:08
Indonesia is seeking to plug an unusually deep revenue shortfall before year-end by scrutinizing wealthy individuals and big businesses for extra tax payments. https://t.co/E24CvJiqva ...
Mitt Romney: Tax the rich, like me
MSNBC· 2025-12-19 21:59
Joining us, co-anchor of CNBC's Squawkbox and New York Times columnist Andrew Ross Sorcin, professor of public policy and economics at the University of Michigan, Betsy Stevenson, and co-founder of Punchable News and MS Now political contributor Jake Sherman. Andrew, this was a surprise from Mi from uh from Mitt Romney. Is he getting any support out there from I don't know, the multi-billionaire class that might be sailing 300 foot yachts? I doubt it. I doubt he's going to get any support from them necessar ...
X @Bloomberg
Bloomberg· 2025-12-19 19:40
Companies controlled by billionaire Ricardo Salinas Pliego will get a multibillion-dollar tax bill in January, and he will need to pay up or face consequences, Mexico’s President Claudia Sheinbaum said Friday https://t.co/YMbIWFkV1H ...
X @Bloomberg
Bloomberg· 2025-12-16 09:43
British businesses enjoyed the sharpest pick-up in new work in more than a year, according to a survey that suggests firms were buoyed by an end to months of speculation around tax hikes in the budget https://t.co/FOpy0PINOF ...
X @Investopedia
Investopedia· 2025-12-13 19:00
Investment Strategy - Understanding the difference between long- and short-term capital gains ensures that the benefits of your investment portfolio outweigh the tax costs [1]
X @The Wall Street Journal
The rush is on to make year-end tax moves for 2025. Here’s what to know to shrink what you’ll owe. https://t.co/eyVWQxKiH4 https://t.co/hUH7DDIbcT ...