Business Resources to Help You and Your Employees
No Tax on Overtime and Tips: The New IRS Rules
Business owners and payroll managers seeking insights on how handle tip pooling and double-overtime pay to ensure accurate W-2s, as well as address employee questions on qualified compensation under the tax-free provisions in the 2025 Tax law, this on-demand webinar can help.
Final Regulations on No Tax on Tips Provision Announced
Regulations for "No Tax on Tips" have been finalized by the IRS and Treasury Department, which include clarifying the definition of qualified tips and specifying the more than 70 eligible occupations that may take the tax deduction under the One, Big, Beautiful Bill Act. The final regulations expanded the list of eligible jobs that are grouped in eight categories.
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