Treasury Identifies 8 Industries Covered by ‘No Tax on Tips’ Policy

From bartenders to plumbers, many Americans will receive tax relief over the next few years.
Treasury Identifies 8 Industries Covered by ‘No Tax on Tips’ Policy
Treasury Secretary Scott Bessent testifies before the House Appropriations Committee in Washington on May 6, 2025. Kayla Bartkowski/Getty Images
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The Treasury Department has released a list identifying eight industries covered by the “no tax on tips” policy in the One Big Beautiful Bill Act.

President Donald Trump signed the Republican-led megabill on July 4, following through on a key campaign pledge of eliminating taxes on tipped income.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."