On July 4, 2025, The One Big Beautiful Bill Act (OBBB) was signed into law by President Trump. With a stroke of a pen, the foundation of "no tax on tips" is laid.  This new tax code created a federal income tax deduction, meaning it reduced taxable income and, by extension, tax liability for the person claiming it. The tip deduction maxes out at $25,000 per year, and it is available regardless of whether a taxpayer takes the standard deduction or itemizes.  Upon reaching $150

A niche concept in the beauty world, as a start-up attempts to cover renters who are forced to temporarily step away from their chairs but retain their clients.

How to calculate what to charge by the hour: Step 1: Operating Cost - Calculate what you spend on the following business expenses in a...