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The bipartisan passing of Senate Bill 129 is being celebrated as a win, offering significant tax relief for service industry workers, but when does the No Tax on Tips bill go into effect? The unanimous vote on the Tips bill has seen it through to the House of Representatives, but there is no telling when it will be approved. The Tips Tax law changes could help struggling workers save more on the tips they earn without having to give it away in taxes, but there are a few hurdles to face before it formally becomes the law.
Those who benefit