Bean Counting Firm Inc

What your tax advisor does on tax day….2 weeks of 10 key tape was longer than 8 parking places! 😂

The US Treasury and IRS have published a preliminary list of occupations that customarily receive tips as a step in implementing the One Big Beautiful Bill Act's "No Tax on Tips" provision. They include:

• Food and Beverage: Bartenders, wait staff, baristas, hosts, chefs, bakers
• Entertainment & Events: Casino dealers, dancers, musicians, DJs, digital creators, ushers
• Hospitality: Baggage porters, concierges, hotel desk clerks, maids
• Home Services: Electricians, plumbers, HVAC techs, appliance repairers, cleaners
• Personal Services: Aides, planners, photographers, tutors, nannies, pet caretakers
• Appearance and Wellness: Massage therapists, barbers, hairdressers, fitness instructors
• Recreation and Instruction: Golf caddies, tour pilots, guides, self-enrichment teachers
• Transportation and Delivery: Taxi/rideshare drivers, delivery workers, bus drivers, movers

The US Treasury and IRS are currently soliciting public feedback on the preliminary list and the final list is due by October 2, 2025.

We here at Bean Counting Firm are staying up to date with this change and are here to help with any questions you might have. You can reach us at 530-893-0859.

Important IRS Update for Taxpayers!

If you’re mailing in your 3rd quarter estimated tax payment, please be aware that the IRS has changed its mailing address!

Send payments to:
Internal Revenue Service
P.O. Box 1300
Charlotte, NC 28201-1300

Also, a heads-up for the future: Starting September 30, 2025, you will no longer be able to send or receive payments by check to the IRS. All payments will need to be made electronically after that date.

Got questions? Feel free to reach out!