The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

President Trump discussed his "no tax on tips" plan in January. The IRS has released its guidance for the "no tax on tips" ...

Roughly 4 million “white collar” workers will lose out on a new tax exemption for overtime pay while Biden-era rules that ...

Takeaways For tax years 2025 -2028, the One Big Beautiful Bill Act (OBBBA) allows employees to take an above-the-line tax deduction on qualified overtime pay and qualified tips.

When a multiwage employee works overtime, which of their wage rates do you base their overtime rates? Blended overtime pay ...

Millions of Americans who rely on tips and/or overtime to bolster their income could be impacted by the new advice.

Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...

On November 25, 2025, a filing in the U.S. District Court for the Northern District of Illinois laid out claims by warehouse ...