Source: Moses Phillips Young Brannon & Henninger Blog

Moses Phillips Young Brannon & Henninger Blog Eliminating Federal Taxes on Tips

President Donald Trump has proposed a plan to eliminate federal taxes on tips, aiming to increase take-home pay for workers in the hospitality and service industries. This initiative is part of a broader tax reform agenda that includes removing taxes on overtime pay and Social Security benefits. Under current federal law, tips are taxable income,...Read More The post Eliminating Federal Taxes on Tips appeared first on Dent Moses, LLP.

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100