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Tax Deductions for Tips IRS Changes IRS Proposed Regulations Donald Trump Treasury Department

Treasury Projects $100–$150 Billion in Q1 2026 Tax Refunds, Averaging $1,000–$2,000 per Household

Officials tie the bump to summer tax changes plus unupdated withholding that could inflate early-season checks.

IRS Publishes Proposed 68-Job List for 'No Tax on Tips' Deduction