Income near the phaseout threshold for the tip deduction could reduce or eliminate the benefit of a small raise or bonus.
reported by one outlet so far · Asserted cause · first recorded Jul 8, 1:30 AM
How each outlet reported it
kiplinger.comUnrated · Jul 8, 12:45 AM
A small raise or bonus could reduce the benefit of the tip deduction if income hovers near phaseout thresholds
Details: small raise or bonus; reduce benefit