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Trump’s ‘no tax on tips’ brings new W-2 era
Yahoo Finance· 2026-01-21 16:06
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Before the “no tax on tips” provision was tucked into the One Big Beautiful Bill Act, it was a 2024 campaign promise offering tax relief to workers. But in reality, complying with the new law poses a relatively complex challenge for tax preparers, employers and employees in industries with tips or what some call “variable compensation.” The new law on tips in the OBBBA sig ...