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Trump promised no taxes on tips and Social Security. But you still need to pay them this year

Fortune LogoFortune1d ago

Trump promised no taxes on tips and Social Security. But you still need to pay them this year - Fortune

Quick Summary:

"Plan according to what is known, not what may happen".

For now, employees who receive tips still need to keep their daily records and report the tips to their employers, say financial planners.

But even if those policies do eventually become law, financial planners are reminding taxpayers that any changes won't affect the returns they must file by April 15 of this year.


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Trump promised no taxes on tips and Social Security. But you still need to pay them this year - Fortune (Picture 1)

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Article Details

Author / Journalist: Alicia Adamczyk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 15:36:40 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 437 words

Reading Time: 3 minutes read

Sentences: 6 lines

Sentence Length: 73 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27484325

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 41 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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  • URL: https://chronographically.beamstart.com/news/trump-promised-no-taxes-on-17434357886270

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