This website was created to provide information about the new tips deduction. I cover the current rules, limitations, calculation as well as evaluate the 2025 transitional reporting challenges. The website will be updated as additional guidance from the IRS is provided.
Tax Domain LLC and its websites were formed to make the complicated US Tax system more understandable to the American taxpayers. As references, although the material is generally cites official source materials, it may also include my interpretations of the rules and is not to be seen as tax advice. It is recommend you consult your tax advisor for specific advice that is tailored to your situation. Please see the disclaimers page for more information.