Keeping track of tip income has become increasingly important, especially with recent legislative changes. To support your record-keeping, Booksy has introduced a new Tip Report designed to help you organize and monitor your tips throughout the year. This tool can also support your personal tax preparation.
The new Tip Report gives you a detailed view of your tip income, making it easier to stay organized. It provides a detailed breakdown of your tip income, including:
Note: Only tips from appointments marked as checkout complete appear in the report. If information seems missing, make sure the appointment was fully checked out.
You can find the Tip Report in Booksy Biz under the Stats & Reports section on both web and mobile app. For your records, it can be downloaded as an Excel (.xlsx) file.
Please note: The Tip Report is a personal record-keeping tool. It is not an official IRS form and does not replace any official tax documents you may receive, such as a Form 1099-K.
On July 4, 2025, the U.S. government enacted the "One Big Beautiful Bill Act." This legislation includes a new, temporary provision called the "No Tax on Tips Act," which may allow certain service professionals to deduct a portion of their tip income from their federal taxes.
Key details of the tip deduction:
Disclaimer: Booksy does not provide tax or legal advice. This information is for educational purposes only. For personalized advice, please consult a qualified accountant or tax advisor. Nothing changes in how Booksy or Stripe reports your income for tax purposes.
For more information, please see:
At Booksy, we are committed to helping beauty professionals stay informed and prepared. We’ll continue sharing updates, offering educational resources, and providing the tools you need to run and grow your business confidently in this new environment.
