Proposed Rule
22 Sep 2025
income taxes, reporting and recordkeeping requirements, tips, financial, occupation, regulation, compliance, tax, irs
💵New IRS Regulations on Qualified Tips and Tax Deductions
This document contains proposed regulations that identify occupations that customarily and regularly received tips on or before December 31, 2024, and provide a definition of "qualified tips" for purposes of the income tax deduction for qualified tips. These proposed regulations affect individuals who receive tips as part of their occupation.
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