Instant Financial Report Reveals 83% of Hourly Workers Support No Tax on Tips Policy Amid Concerns about Inflation and Income Volatility

General News

Summary

Instant Financial released survey findings showing strong worker support for a federal No Tax on Tips policy. The report says most hourly workers using the Instant app worry about inflation and rely on tips and earned wages for essential expenses. It also highlights the importance of earned wage access, payment flexibility, and same-day pay for frontline workers. The company positions its fintech platform as a tool that helps employers improve recruitment and retention while giving workers faster access to pay.

Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

AskAI Classifications

Labels
SaaS Fintech Software Payroll Software

Linked Companies

Instant Financial
$1M to $5M