Traditionally, all tip income was taxable, and workers had to report any cash tips exceeding $20 per month to their employer. But in 2025, the One Big Beautiful Bill introduced temporary exemptions: ...

Corrections & Clarifications: An earlier version of this article gave incorrect information about gifts being subject to income taxes. Since President Donald Trump first proposed exempting tips from ...

The budget bill approved by the House promises to benefit many food workers, but some details are still unclear. By Julia Moskin As a slogan in last year’s presidential campaign, “no tax on tips” was ...