The One Big Beautiful Act ushers in a new four-year period of “no tax on tips.” The club industry will need to deal with and resolve several issues in regard to this new tax benefit for certain classes of workers. Since this new provision is retroactive to Jan. 1, 2025, new procedures to deal with this will need to institute quickly.
LINKS
Read "No Tax on Tips Presents Many Issues for the Club Industry" by Glenn A. Gerena and Marvin A. Kirsner in Club Director magazine. (subscription)