The new “no tax on tips” and “no tax on overtime” deductions require additional reporting by employers and payers. To help, ...
The clock is ticking on 2025 payroll reporting, but the IRS just threw employers a lifeline. If your organization has been struggling ...
An IRS notice says employers won’t face penalties if they don’t provide a separate accounting of cash tips and overtime ...
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US Treasury, IRS ease 2025 reporting penalties for tips, overtime
The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill.
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