LAS VEGAS (KTNV) — We're learning more about President Donald Trump's "No Tax on Tips" promise, which hits home for many who live and work here in Southern Nevada.
On Friday, the Internal Revenue Service unveiled regulations about the new tax deduction, and it's open for public comment.
Only people in jobs that regularly got tips before the law can now take advantage of it, with deductions capped at $25,000 per year.
Married people claiming the deduction must file jointly and can only get a total of $25,000 per family — even if both spouses earn tips.
The IRS estimates the new law will boost tipped workers' take-home pay by about $1,300 per year.
Before the changes to the tax code are made official, you have until October 23 to make your opinions known to the IRS.
If you want to comm