{"id":348,"date":"2025-09-03T18:22:30","date_gmt":"2025-09-03T18:22:30","guid":{"rendered":"http:\/\/www.chuckwardrealestate.com\/?p=348"},"modified":"2025-09-22T12:09:03","modified_gmt":"2025-09-22T12:09:03","slug":"various-casino-workers-qualify-for-one-big-beautiful-bill-no-tax-on-tips-deduction","status":"publish","type":"post","link":"http:\/\/www.chuckwardrealestate.com\/index.php\/2025\/09\/03\/various-casino-workers-qualify-for-one-big-beautiful-bill-no-tax-on-tips-deduction\/","title":{"rendered":"Various Casino Workers Qualify for One Big Beautiful Bill \u2018No Tax on Tips\u2019 Deduction"},"content":{"rendered":"<ul>\n<li><strong>Many casino workers qualify to have their tax obligations reduced<\/strong><\/li>\n<li><strong>&#8220;No Tax on Tips&#8221; was authorized through the One Big Beautiful Bill<\/strong><\/li>\n<li><strong>President Donald Trump had pledged to reduce taxes on tips<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p class=\"p1\"><span class=\"s1\">Among the many components of the Republicans&#8217; One Big Beautiful Act signed into law by President Donald Trump on July 4 is that many tipped workers now qualify for federal tax deductions.<\/span><\/p>\n<figure id=\"attachment_361778\" aria-describedby=\"caption-attachment-361778\" data-style=\"width: 858px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"size-post-thumbnail-858xAUTO wp-image-361778 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"casino workers no tax tips OBBA\" width=\"858\" height=\"572\" data-src=\"http:\/\/www.chuckwardrealestate.com\/wp-content\/uploads\/2025\/09\/shutterstock_2490502359-858x572-1.jpg\"><figcaption>A diner tips a server. Casino workers are among the many professions that will be allowed to deduct up to $25K in tipped earnings from their federal tax return. (Image: Shutterstock)<\/figcaption><\/figure>\n<p class=\"p1\"><span class=\"s1\">The &#8220;No Tax on Tips&#8221; statute of the OBBA allows certain tipped workers to deduct up to $25K in tips from their annual IRS tax obligation. The Department of the Treasury, which oversees the Internal Revenue Service, has released a proposed list of qualifying jobs, which will be adopted and published in the Federal Register.<\/span><\/p>\n<div class=\"callout\">\n<p class=\"p1\"><span class=\"s1\">Among the many jobs are various positions within the casino industry. Qualified positions include table game dealers, cage cashiers, and sportsbook attendants. <\/span><span class=\"s1\">Restaurant workers, of course, also qualify, including bartenders, servers, chefs, cooks, and dishwashers. Maids and housekeepers, concierges, porters and bellhops, and front desk employees do, too.<\/span><\/p>\n<\/div>\n<p class=\"p1\"><span class=\"s1\">&#8220;For workers, $20 here and $20 there can make a big difference,&#8221; said Treasury Secretary Scott Bessent.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The OBBA&#8217;s tip deduction goes into effect immediately and applies to the 2025 tax reporting year.<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\"><b>Trump&#8217;s Pledge<\/b><\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">During his 2024 presidential campaign, Trump <a href=\"https:\/\/www.casino.org\/news\/president-donald-trump-reaffirms-commitment-to-tax-free-tips\/\">pledged<\/a> to help tipped workers keep more of their gratuities. The Republican carried out the commitment through the OBBA, calling on Congress to include such a provision in the bill during a January address in Las Vegas.<\/span><\/p>\n<blockquote class=\"main-blockquote\">\n<p class=\"p1\"><span class=\"s1\">We&#8217;re going to get it or you &#8212; no tax on tips,&#8221; Trump said at Circa Resort &amp; Casino in downtown Las Vegas. &#8220;If you&#8217;re a restaurant worker, a server, a valet, a bellhop, a bartender, one of my caddies &#8212; I go through caddies like candy &#8212; your tips will be 100% yours.&#8221;<\/span><\/p>\n<\/blockquote>\n<p class=\"p1\"><span class=\"s1\">That isn&#8217;t wholly accurate, as tipped workers can only deduct up to $25K of their tips from their federal tax form. The No Tax on Tips statute is authorized through 2028, when Congress would need to extend the provision.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Kamala Harris also pledged to reduce taxes on tips after Trump announced the plan. The billionaire called the then-vice president a &#8220;copycat.&#8221;<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\"><b>How Much Do Dealers Make?<\/b><\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Pay varies for table-game dealers in Las Vegas. An employee&#8217;s experience, tenure, skill, personality, and casino of employment all weigh heavily.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Dealers typically rely on tips, as their hourly wage can be as low as $12. Another factor that plays into a dealer&#8217;s earning potential is whether their casino participates in tip-sharing, or the practice of pooling all tips together and distributing the gratuities equally.<\/span><\/p>\n<div class=\"callout\">\n<p class=\"p1\"><span class=\"s1\">The US Bureau of Labor Statistics estimates that there are approximately 80,500 dealers across the country at commercial and tribal casinos. The federal agency taps their mean hourly wage at $19.25 and annual wages at $40,030.<\/span><\/p>\n<\/div>\n<p class=\"p1\"><span class=\"s1\">The highest paid dealers, those in the top 10%, earn around $75,200. Those in the bottom 10% earn just $21,400.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Caesars Entertainment, MGM Resorts, and Las Vegas Sands were recently named to the &#8220;Low-Wage 100,&#8221; an <a href=\"https:\/\/www.casino.org\/news\/jackpot-for-ceos-pennies-for-pit-bosses-same-3-gaming-giants-make-low-wage-100-list\/\">index<\/a> of companies with the lowest median worker pay versus their executives.<\/span><\/p>\n<p>The post <a href=\"https:\/\/www.casino.org\/news\/various-casino-workers-qualify-for-no-tax-on-tips-deduction\/\">Various Casino Workers Qualify for One Big Beautiful Bill &#8216;No Tax on Tips&#8217; Deduction<\/a> appeared first on <a href=\"https:\/\/www.casino.org\/news\">Casino.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many casino workers qualify to have their tax obligations reduced &#8220;No Tax on Tips&#8221; was authorized through the One Big Beautiful Bill President Donald Trump had pledged to reduce taxes on tips Among the many components of the Republicans&#8217; One Big Beautiful Act signed into law by President Donald Trump on July 4 is that many tipped workers now qualify [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"_links":{"self":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/348"}],"collection":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/comments?post=348"}],"version-history":[{"count":2,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/348\/revisions"}],"predecessor-version":[{"id":351,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/348\/revisions\/351"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/media\/350"}],"wp:attachment":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/media?parent=348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/categories?post=348"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/tags?post=348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}