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The U.S. is an outlier on tips. President Donald Trump’s tax bill would allow workers to deduct them from federal taxes.
The White House has said workers benefiting from the deduction could see up to $2,000 in annual federal tax savings.
Trump’s economic package was just approved by the Senate. Among the tax cuts is a plan to exempt tips from federal income ...
GOP tax and spending bill would create a tax deduction for workers in tipped occupations. But not all would lower taxes for ...
Salary sacrifice schemes provide a powerful way for UK workers to enhance their benefits package, thereby reducing their income tax burden. This can be anything from boosting your pension, getting a ...