Nevada's New Tip Tax Law Creates Confusion for Workers
Tipped workers in Nevada are discovering a new tax law is a deduction, not an exemption. The provision has key limits, including a $25,000 cap and an expiration date.
#Tax Policy#Labor#Nevada
#Labor
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New Law Offers Tax Break on Tips for Service Workers
A new federal law introduces a temporary tax deduction of up to $25,000 on tipped income for service workers, but it includes income limits and strict reporting rules.
#Tax Policy#US Economy#Labor