No Tax On Tips Act news and trends

‘No Tax on Tips’ Legislation Could Affect 4 Million US Workers
Taxes // May 21, 2025

Legislation eliminating federal income taxes on tips could provide some relief to around 4 million U.S. workers, CNBC reported Wednesday (May 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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No-Tax Status May Spur Shift From Cash to Instant Digital Tipping

May 22, 2025
New legislation recently passed in Congress eliminates federal taxes on tips — and one ripple effect is that there should be further tailwind for those tips to be paid out digitally rather than in cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]

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‘No Tax on Tips’ Legislation Could Affect 4 Million US Workers

May 21, 2025
Legislation eliminating federal income taxes on tips could provide some relief to around 4 million U.S. workers, CNBC reported Wednesday (May 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By […]