Jakarta, Pintu News – The CEO of Twenty One Capital predicts that the value of Bitcoin could increase up to 200 times in the next few years. This projection comes after the price of BTC surged past $117,000 following an interest rate cut by the Fed for the first time this year.
Then, how is the current Bitcoin price movement?
On September 19, 2025, Bitcoin was trading at $117,255 — roughly IDR 1,935,722,217 — reflecting a modest 0.29% gain over the past 24 hours. During that time, BTC saw a daily low of IDR 1,920,699,993 and a high of IDR 1,939,730,185.
As of this writing, Bitcoin’s market capitalization stands at approximately IDR 38,675 trillion, while its 24-hour trading volume has declined by 27% to IDR 695.63 trillion.
Read also: After the Fed’s 0.25% Rate Cut, ETH, SOL, and XRP Whales Make Bold and Unexpected Moves
In an interview on NYSE TV, Twenty One Capital CEO Jack Mallers revealed his long-term view on Bitcoin. He stated that the cryptocurrency is targeting a huge store of value market, which is currently dominated by stocks, property, precious metals, and high-value artwork.
Jack Mallers says, “#Bitcoin will 200x from here.”

"Bitcoin is going after a $400-500 trillion market, and it's only $2 trillion." pic.twitter.com/urpR8HelFO
“The current market value of Bitcoin is around $2.5 trillion,” Mallers said. He adds that the asset has the potential to grow 100 to 200 times if it is able to capture a fraction of that wealth.
Furthermore, he also positions Bitcoin as a hedge against falling currency values, calling it a logical replacement for traditional forms of store of value.
Twenty One Capital, founded in April 2025 by Mallers, is a Bitcoin-only investment firm that operates like a treasury fund. The company has backing from big names such as Tether, Bitfinex, and SoftBank.
As BTC prices continue to rise, Twenty One Capital is preparing to list on exchanges through a SPAC merger with Cantor Fitzgerald’s Cantor Equity Partners. If approved by the SEC, the company will trade on Nasdaq under the stock code XXI – a reference to Bitcoin’s maximum supply of 21 million coins.
The company is positioning itself as a regulated investment gateway for institutional investors who want exposure to Bitcoin without the need to hold private keys directly. Each share of the company will represent proportional ownership of the Bitcoin reserves they hold.
Ahead of its stock listing, Twenty One Capital continues to enlarge its treasury reserves. Currently, the company has accumulated 43,500 BTC, surpassing the Bitcoin holdings of early companies like Tesla .
Read also: BNB Hits All-Time High as Market Cap Soars to $133 Billion — Is the $1,000 Milestone Next?
Bitcoin’s price rise has been further reinforced by changes in macroeconomic policy. On Thursday (17/9), the Federal Reserve made its first interest rate cut in 2025, lowering it by 25 basis points. With this cut, the benchmark interest rate range stands at 4-4.25%.
After the announcement, the price of Bitcoin fell to $115,000 following Fed Chairman Jerome Powell’s statement that the next interest rate cut is uncertain and will depend on inflation data and labor market conditions.
However, the price of BTC quickly recovered and was back trading at $117,400 by the evening. The overall crypto market also saw gains: Ethereum rose 2% to $4,633, while XRP jumped nearly 3% to $3.11.
Analysts noted that the Fed’s cautious stance reflects an attempt to strike a balance between promoting economic growth and avoiding a spike in inflation.
In general, lower interest rates increase the attractiveness of Bitcoin as an alternative asset – especially for institutional investors looking for a non-governmental store of value.
That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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The Colorado Lottery offers multiple draw games for those aiming to win big. Here’s a look at Sept. 18, 2025, results for each game:
Midday: 6-8-8
Evening: 2-0-4
Check Pick 3 payouts and previous drawings here.
16-18-21-27-30
14-29-41-44-46, Lucky Ball: 04
Feeling lucky? Explore the latest lottery news & results
Winning lottery numbers are sponsored by Jackpocket, the official digital lottery courier of the USA TODAY Network.
Tickets can be purchased in person at gas stations, convenience stores and grocery stores. Some airport terminals may also sell lottery tickets.
You can also order tickets online through Jackpocket, the official digital lottery courier of the USA TODAY Network, in these U.S. states and territories: Arizona, Arkansas, Colorado, Idaho, Maine, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New York, Ohio, Oregon, Puerto Rico, Washington D.C., and West Virginia. The Jackpocket app allows you to pick your lottery game and numbers, place your order, see your ticket and collect your winnings all using your phone or home computer.
Jackpocket is the official digital lottery courier of the USA TODAY Network. Gannett may earn revenue for audience referrals to Jackpocket services. GAMBLING PROBLEM? CALL 1-800-GAMBLER, Call 877-8-HOPENY/text HOPENY (467369) (NY). 18+ (19+ in NE, 21+ in AZ). Physically present where Jackpocket operates. Jackpocket is not affiliated with any State Lottery. Eligibility Restrictions apply. Void where prohibited. Terms: jackpocket.com/tos.
This results page was generated automatically using information from TinBu and a template written and reviewed by Fort Collins Coloradoan planner Holly Engelman. You can send feedback using this form.

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September 17, 2025 Gistlover Stella News 0
Nigeria’s Minister of Livestock Development, Dr Idi Maiha, has announced plans to fast-track the relocation of cattle from Abuja city centre to grazing reserves.
Speaking on Tuesday, September 16, at the 2025 Media Retreat in Kaduna themed “Driving Livestock Growth through Strategic Communication”, Maiha said the ministry will also unveil a national peace campaign to end farmer-herder conflicts.
“In a few weeks, the ministry will embark on a national peace campaign to achieve sustainable peace between farmers and herders, organised groups, and communities across the country,” he stated.
He revealed that the ministry had engaged with the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) as part of the relocation process. “We need peace. We must give ourselves peace,” he added.
Maiha called for strong commitment from state governments, stressing that peace in rural areas is key to food security, jobs, and stability. “We cannot keep on losing members of our armed forces to bad elements. We are working with all the security agencies to silence the guns. Our focus is to have a country with truckloads of milk and not armoured personnel carriers. Milking machines should replace machine guns,” he said.
He described the livestock sector as vital for wealth creation, food security, and rural stability, adding that over the next five years, the ministry will prioritise the right policies, programmes, and projects.

Copyright © 2025 Gistlover Media. All Rights Reserved

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Winning numbers drawn in Thursday’s Washington Match 4  Connecticut Post
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XRP Tundra presale opens at $0.01 with dual tokens, audited security, and target launch prices for 2026.
LISBON, Portugal, Sept. 19, 2025 (GLOBE NEWSWIRE) — XRP Tundra has opened its presale, offering participants entry at $0.01 for TUNDRA-S on Solana, with each purchase also granting free allocations of TUNDRA-X on the XRP Ledger. The tokens are set to debut at $2.50 and $1.25 respectively, a contrast that has drawn close attention from investors across the XRP community.
Dual-Token Presale Structure
The presale operates on a “two-for-one” basis. Buyers obtain TUNDRA-S, designed for utility within Solana’s decentralized finance environment, and also receive TUNDRA-X, a governance and reserve token issued on XRPL. The structure gives investors immediate exposure to two networks with complementary roles.
Phase 1 pricing is fixed at $0.01 for TUNDRA-S, alongside a 19 percent token bonus. Each purchase also provides free TUNDRA-X valued at $0.005. With target launch prices of $2.50 for TUNDRA-S and $1.25 for TUNDRA-X, the model highlights potential upside for early participants.
Supply and Allocation
The total supply is fixed at 300 million tokens, split between 200 million TUNDRA-X on XRPL and 100 million TUNDRA-S on Solana. Of this, 80 million TUNDRA-X is allocated to presale participants, with a further 20 million designated for ecosystem growth, 20 million for the team and advisors under vesting schedules, and 30 million held in reserve for liquidity and strategic purposes.
Verification and Oversight
Security has been reinforced through independent audits with Cyberscope, Solidproof, and Freshcoins. These reviews examined code integrity, tokenomics, and potential vulnerabilities.
The team has also undergone KYC verification through Vital Block, providing identity assurance that is not typical of early-stage presale projects.
About XRP Tundra
XRP Tundra is a cross-chain project designed to expand XRP’s role beyond payments. Its dual-token system links XRPL and Solana, providing complementary functionality and supporting future development plans, including GlacierChain, a DeFi layer for XRP that will add lending, automated market makers, and derivatives.
Official Channels
Website: https://www.xrptundra.com/
Medium: https://medium.com/@xrptundra
Telegram: https://t.me/xrptundra
X (Twitter): https://x.com/Xrptundra
Media Contact
Tim Fénix
Email: [email protected]
Disclaimer: This content is provided by XRP Tundra. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector-including cryptocurrency, NFTs, and mining-complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8148c9ea-4fc6-47d1-94cb-e799ffe78bea

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1. Capitol agenda: CRs hit the floor  Politico
2. House to vote on stopgap funding bill, but health care fight threatens a shutdown  NPR
3. Democrats think they can win a government shutdown. That’s a lousy bet.  MSNBC News
4. Persuadable Voters Want Democrats to Take a Stand Against Republicans in the Upcoming Funding Fight, Especially on Health Care  Data For Progress
5. Watch live: House Democrats give remarks ahead of CR vote as shutdown deadline looms  The Hill

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Jakarta, Pintu News – The Pi Network price in Indonesia on September 19, 2025 showed a relatively stable movement, reflecting a consolidation phase after strengthening in the previous session. Behind this price movement, the development team continues to strengthen the foundation of the ecosystem with a number of important innovations. Check out the price movement here!
The Pi Network (PI) price chart on September 19, 2025 shows a relatively stable movement with a tendency towards consolidation. After briefly strengthening to near the $0.362 level, the price began to move down gradually, registering several red candles signaling selling pressure.
The daily trading volume of $27.51 million saw a decrease of around 4%, showing a slight slowdown in market activity compared to the previous session. Nonetheless, the market capitalization remained at around $2.92 billion, indicating that interest in this crypto asset is still maintained.
The chart conditions also show a narrowly spaced up-and-down pattern, which reflects the uncertainty of the market direction in the short term. Support levels appear to be forming around $0.358, while resistance is around $0.362.
Community sentiment remains optimistic, with 88% of users showing a bullish view on Pi Network. Supporting factors such as the launch of the Fast Track KYC feature that makes mainnet wallet activation easier for new users could potentially be a positive catalyst to maintain PI price momentum in the near term.
Also read: Gold Jewelry Price Today, Friday September 19, 2025, Up or Down?
According to data from CoinMarketCap, Pi Coin’s current price is $0.3595, an increase of 1.51% in the past day. This increase was also followed by a 40.4% increase in market value to $2.92 billion, as well as a 40.4% jump in daily trading volume to $30.78 million. The token price has also risen 4.29% in the last week and 1.63% since last month.
This price increase comes after the validation of the 20824824 block with Protocol Version 23 according to data from Pi’s block explorer. This update is a confirmation of the previous announcement that the blockchain is undergoing a phased update. Pi Coin’s price response shows that news about the test network can also have an impact on the market.
Also read: TSLAX xStocks Price Today (19/9): Ready to Raise Production Capacity in Germany, Shares to Fall?
The current number of Pi Coin in circulation is 8.14 million coins out of a total of 100 billion coins that will still be in circulation. The testnet transition is essential for testing stability before changes are implemented on the mainnet.
The new version shows excellent performance as the latest block does not record any failed transactions. Also, it confirms the maximum number of transactions per block which can reach 1,000 transactions. This update is also a signal to investors that the network is being developed consistently.
That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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After a month of anticipation, the Fed finally announced a 25-basis-point rate cut on September 17. Seen as bullish catalysts, traders also speculated on the possibility of additional 2025 rate cuts, despite Jerome Powell clarifying the FOMC is still divided on the issue.
Either way, the first rate cut brought the US interest rate down into the 4%-4.25% range, which could cause significant market rallies in the near future, despite some momentary volatility and liquidations.
In anticipation of the massive bullish wave, investors are wondering what could be the next crypto to explode. Some are already recommending DeepSnitch AI, which raised over $217K on September 17.
Not only is it well-positioned for a future breakout due to its AI utility, but it’s also priced $0.01667, leading traders to believe it could easily go 100x after launch.
Despite high expectations, the rate cuts haven’t immediately pushed the market into the green.
According to Nic Puckrin, Coin Bureau founder, crypto prices are closely related to liquidity cycles. While the cuts will likely have a positive impact on long-term prices, Puckrin also pointed out the possibility of short-term price corrections.
This sentiment is confirmed by $105 million positions that were liquidated following the announcement of the 25-basis-point rate cut.
At the same time, investors are already anticipating additional rate cuts.

Jerome Powell clarified that the central bank is trying to bring all hands on deck as the labor market declines and inflation continues rising. Yet, there is no long-term consensus on future cuts as ten FOMC committee members are in favor of two or more cuts, while nine voted for no additional cuts.
Since the first cut reduced the interest rate to 4%-4.25%, many traders agree that the move will likely inject liquidity into the market. Thus, despite the momentary pullback, the sentiment is still bullish.

Traders believe that the best altcoins for growth will likely be smaller-cap projects with lower prices, a category that altcoins includes early-stage presales.
DeepSnitch AI is, according to many, one of the most interesting presales in the AI sector and beyond. As proof, they point out the $217K that was raised during the first stage alone.
DeepSnitch AI puts AI utility to the forefront. Developing five AI agents that aggregate on-chain data, the team aims to bring key trading analytics to retail traders. The critical data will be presented through a central dashboard with an alert system, turning DeepSnitch AI into a full-fledged trading suite.
The information will be quite comprehensive, with DeepSnitch AI having the ability to track whales, screen tokens, review on-chain data and contract risks, and even show traders some hot alpha news
While AI tokens perform well in the current market, DeepSnitch AI also stands out due to its crossover into the AI market. All five AI agents will sport a unique meme-ready design, and since 30% of the entire token supply is reserved for marketing, the hype could easily reach meme levels.
At the price of $0.01667, DSNT (native token) could present a sizable upside for traders who enter the presale early. If it reaches $1, traders who purchase the token at the current price could turn $100 into $6K.
FOMO is already strong, as proven by the $217K raised during the first stage. Since this is a strong indicator of growth, traders are anxiously reserving their spot in the DeepSnitch AI presale, hoping to fill up their bags before the price increases.
Bittensor could be considered the Bitcoin of the AI coin market. However, despite trading at over $500 at the beginning of the year, TAO bulls spent the last two months struggling to push past $400.
According to CoinMarketCap, following the announcement of the rate cuts on September 18, Bittensor quickly raced toward the $360 area.
Before the cuts, analysts anticipated a strong breakout and projected the charts to go as far as to test new all-time highs. In other words, if TAO maintains the current momentum, it may eventually creep to $7
A slightly less bullish forecast sets the end-of-the-year target at $449.
Either way, both scenarios are more than solid. While the price of TAO is already steep, it could eventually pan out to be one of the top altcoins in the cycle.
The Pump.fun ecosystem has a bright future as long as the meme market keeps growing. Yet, data on September 17 showed that there’s a high opportunity that the meme sector will continue surging in 2025.
For instance, Pump.fun had a whopping $1B transaction volume on September 15, while the new streaming feature paid out $4M in creator awards alone.
As a result, PUMP traded in the $0.008405 area on September 17 and 18. This represents a solid 47% weekly growth, according to CoinMarketCap.
While the Fed announcement didn’t impact PUMP (at least for the time being), traders are generally bullish on this coin, some even predicting a $10B fully diluted valuation could be in the books.
As many traders anticipated, the rate cuts caused some tokens to surge almost instantly, while others experienced small price corrections.
Still, those who discover the next crypto to explode are likely to unlock the biggest gains in the long term.
PUMP, TAO, and other established coins could present a solid investment, but for most traders, these coins don’t leave much room for earnings, especially at reasonable investments.
As such, presale projects like Deep Snitch AI might be a good call for whales as well as fiscally-conscious retail traders. The project already raised $217K during the first stage, which is astounding considering the presale opened a little over a month ago.
The price will increase in the later stages, so now is the right time to get DSNT to unlock a maximum upside potential.
Join the presale on the DeepSnitch AI website.
Rate cuts might inject liquidity into markets, which in turn drives the demand for high risk assets. Most experts believe cuts could push prices higher in the coming months.
Many traders believe DeepSnitch AI could soar in the future. With $217K raised in its first presale stage and strong AI-powered utility, many view it as one of the most promising tokens.
At the presale price of $0.01667, a $100 investment could grow to $6,000 if DSNT reaches $1. Some traders even speculate on a 100x upside after launch.
Disclaimer: Cryptocurrency investments are risky and highly volatile. This is not financial advice; always do your research. Our editors are not involved, and we do not take responsibility for any losses.
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Pantera Capital has come out with a very bold Bitcoin price prediction that suggests BTC could soar to $750,000 in the next 5 years. This could potentially trigger a massive altcoin rally.
Given the historic correlation between Bitcoin and XRP, analysts believe the XRP price could follow suit. Some XRP price predictions even see Ripple climbing past $30, making it one of the most compelling long-term opportunities in the crypto market.
Pantera Capital founder Dan Morehead has doubled down on his bullish Bitcoin price prediction. He strongly believes that the BTC price could soar to $750,000 within the next five years.
Speaking on CNBC, he highlighted how the Bitcoin price has doubled nearly every year for over a decade, with room for more growth as BTC still accounts for just 0.2% of global wealth. His projection implies a $15 trillion market cap, making Bitcoin the second-largest asset globally. 
Such a surge would ripple across the crypto market, and BTC news suggests XRP could be one of the biggest beneficiaries. With a strong historical correlation, analysts argue that if the BTC price today starts moving toward those levels, XRP price predictions above $30 would become entirely feasible.
The latest XRP news shows just how closely Ripple’s token is tied to Bitcoin’s movements. With a correlation coefficient of 0.79, the XRP price has consistently tracked BTC during major rallies. If Bitcoin climbs to $750,000, analysts say the XRP price prediction points to a surge beyond $20. 
More aggressive models suggest Ripple could even outperform Bitcoin’s gains, with an upside of up to 861%. That scenario would push the XRP price today to all-time highs near $28.54, and potentially set the stage for $30 within the next five years. 
Market watchers believe this is realistic, given XRP’s past history of outperforming Bitcoin in peak cycles. The Ripple price prediction reflects that XRP’s volatility often works in its favor during bull runs. With the broader market expecting massive growth, Ripple news indicates XRP could become one of the most profitable large-cap altcoins.
While many eyes remain fixed on XRP price predictions, crypto veterans argue that Remittix (RTX) could quietly carve out the same type of explosive run. At $0.1080 and with more than $26M raised, Remittix is positioning itself as a PayFi solution for real-world payments, bridging crypto to fiat seamlessly. 
Unlike XRP’s corporate focus, RTX is targeting freelancers, families, and small businesses who need instant, low-fee cross-border transfers. Its progress has been backed by big milestones. Wallet beta testing is live, BitMart confirmed as the first CEX listing, and LBank is already lined up after the $22M milestone. On top of that, Remittix is now fully verified by CertiK and ranked #1 for pre-launch tokens.
With the $250,000 Remittix Giveaway and CertiK verification fueling confidence, RTX is proving why investors see it as the altcoin with XRP-like potential.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/ 
Socials: https://linktr.ee/remittix 
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway 
This article is not intended as financial advice. Educational purposes only.
BlockchainReporter is a trusted name in the cryptocurrency and blockchain technology news space, keeping its readers abreast of the latest and most significant trends in the industry.
Here at BlockchainReporter, our team of global writers is dedicated to providing price analysis on leading cryptocurrencies and covering the latest developments pertaining to bitcoin news, altcoins news, blockchain news, NFT news and cryptocurrency adoption news from around the world.

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The Treasury Department released proposed regulations Friday on the “no tax on tips” provision of the One Big Beautiful Bill Act, outlining which types of jobs and tips would be eligible.
A draft list of jobs was released earlier this month, but without being formalized in proposed regulations, according to Treasury officials who briefed reporters and asked not to be identified.
The no tax on tips provision allows employees and self-employed individuals to deduct up to $25,000 of qualified tips they receive in a tax year per return. Eligible taxpayers can claim the deduction on their 2025 tax return that they file next year. The deduction for qualified tips is available to eligible taxpayers who itemize their deductions, as well as those who do not itemize and take the standard deduction. The deduction phases out for taxpayers with income above $150,000 for single filers, or $300,000 in the case of a married filing jointly return.
To be deductible as qualified tips, the tips must be earned in an occupation on the list of occupations that customarily regularly receive tips for 2025. The tips must be paid in cash or an equivalent medium, such as a check, credit card, debit card, gift card, tangible or intangible tokens that are readily exchangeable for a fixed amount of cash or another form of electronic settlement or mobile payment application, excluding digital assets that are denominated in cash. There’s been some confusion about whether tips received on credit cards and debit cards count as cash tips, and the Treasury officials noted that they do. As far as tangible tokens that are readily exchangeable for a fixed amount of cash, that would include casino chips. As for intangible tokens that are readily exchangeable for a fixed amount of cash, that includes certain tokens that are provided on streaming platforms.
As for the deductibility of qualified tips received from customers, or In the case of an employee, through a mandatory or voluntary tip-sharing arrangement, the tip will also qualify. However, the tips must be paid voluntarily by the customer and not be subject to negotiation, automatic service charges or automatic gratuities for which the customer has no discretion to modify or disregard, are not qualified tips. Under the statute, the tip must be voluntary. A mandatory service charge is not a qualified tip, and mandatory service charges are not eligible for deduction. The proposed regulations include detailed examples as to how the rule works, including where there’s both mandatory service charge and an additional voluntarily paid amount. 
In addition, the tips must not be received in the course of a so-called “specified service trade or business,” even if the tips received were for services in an occupation that’s on the list of occupations that customarily and regularly receive tips specified service trade or businesses. SSTBs include services in the performing arts, health and athletics, as well as other professional occupations like law and finance. Employees need to look to the SSTB of their employer to determine their eligibility for the adoption. 
The proposed regulations provide some examples regarding this rule set, and Treasury officials acknowledged that the rules can be confusing. As they go through the notice and comment period, they hope to provide more clarity.
Questions have arisen about whether OnlyFans creators could qualify for the tax break, but the Treasury officials noted that the tips must not be received in connection with illegal activity, prostitution or pornography. In order to be a qualified tip, the tip must be reported to the IRS on a Form W-2, 1099, or 4137, the form that employees use to report additional tips when they file their tax return. The deduction for qualified tips is not available unless the taxpayer includes their Social Security number on the tax return. 
The Treasury anticipates issuing additional guidance in the near term to advise on how individuals should determine their qualified tips for 2025, for example, if an individual receives a 1099 that aggregates their tip income with nontipped income. The Treasury also expects to issue additional guidance providing transition relief for employers and other entities with information reporting obligations. 
The Treasury Department has received questions about digital creators. In the occupations list, the proposed regulations provide explanatory definitions for each occupation, as well as some examples for digital content creators. They define those as individuals who produce and publish on digital platforms, original entertainment and personality driven content, such as live streams, short form videos and podcasts. Accounting Today asked how to resolve the contradiction with performing artists, who are among the specified service trades or businesses that are supposedly excluded from qualified tips. Treasury officials responded that the administration believes that digital content creators are an important new industry and sees the no tax on tips deduction as supporting that industry. They generally do not believe the SSTB restriction should impact the vast majority of digital content creators. They plan to issue further clarifying guidance on SSTBs after the notice and comment period.
There’s a three-digit code and descriptions for the occupations listed within the proposed regulations. which group the occupations into eight categories:
The proposed regulations on the “no tax on tips” provision of the One Big Beautiful Bill Act outline which jobs and tips would be eligible.
Reality bites; can buy you love; community mistrust; and other highlights of recent tax cases.
Accounting software provider FloQast announced that users can now craft their own AI agents through natural language prompts, alongside several new AI-based capacities for the platform.
Firms utilizing outsourcing, offshoring and other methods to expand their workforce share what works, and what needs to be reimagined.
Senate and House Democrats proposed a bill to ensure billionaires pay a “fair share” of taxes, without actually raising their tax rate under current law, while Republicans advanced legislation pertaining to the IRS and the U.S. Tax Court.
Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, 1120, 1120-S and 1065.
Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services.

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