A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

This story has been updated with new information. A woman reported to the FBI that she had been sex trafficked by Jeffrey Epstein from a yacht based near Muskegon in the summer of 1984 when she was 13 ...

When you leave a tip, it's rare that your server gets to keep it all. Here’s how tip outs and tip pools work. Darron Cardosa is a food service professional with over 30 years of restaurant experience.

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...

The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...

Perry's Restaurants Ltd. sent a brief statement on Monday in response to Chron's queries from over the weekend. A federal judge this week ruled against Perry's Restaurants, the parent company of Perry ...

What makes us tip? A new study explores two main motives: genuine appreciation for the service and conformity with social norms. Those who truly value the service tend to tip above the standard rate, ...

You’ve ordered drinks at the bar, and now it’s time to pay. Before you even see the total, the bartender hands you a tablet with a digital tip screen. The typical options are 18%, 20%, 25% — or ...

You've ordered drinks at the bar, and now it's time to pay. Before you even see the total, the bartender hands you a tablet with a digital tip screen. The typical options are 18%, 20%, 25% — or ...

The IRS on Friday issued proposed regulations (REG-110032-25) on the new deduction for tip income contained in the sweeping tax legislation passed over the summer. The rules contain details on ...

One way to learn more about someone is to look into their eating habits. And that’s just what Toast did. This week, the digital platform—which restaurants use for transactions—released new data about ...