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

On November 21, 2025, the Internal Revenue Service (IRS) and the U.S. Department of the Treasury released guidance outlining ...

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 ...

It is estimated that there are about 6 million workers who report tipped wages The Department of the Treasury and the ...

The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. IRS ...

Treasury Secretary Scott Bessent has been predicting that Americans will see a boost in their take-home pay in the new year from reducing the tax withholding on their paychecks. President Donald Trump ...

In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ...

Since the enactment of the “One Big Beautiful Bill Act” (OBBBA) on July 4, 2025, employers have awaited guidance on ...

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record wages, benefits paid, taxes withheld, and other essential financial information ...

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