U.S. Tax Bill Includes Digital Creators in Deduction
Digital content creators like podcasters and streamers added to $25,000 tip deduction list.
Lawmakers aimed to provide tax relief for service-oriented professions.
Tip and W-2 reporting for digital creators may be complex.
Deduction phases out for single filers over $150,000 and married filers over $300,000.
Provision expires after 2028, with potential budget strains.
Tax professionals advise creators to track records and consult advisers.
1 month ago