Under Notice 2025-62, the Internal Revenue Service provided guidance to employers whose employees receive tips or overtime as to the procedures to follow for documenting qualified tips and qualified ...
Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The new forms show how new laws, ...
One of President Donald Trump’s 2024 campaign messages was a promise to implement a no-tax-on-tips and no-tax-on-overtime law. On July 3, 2025, the U.S. Congress passed the “One Big Beautiful Bill,” ...
About 1 in 10 American workers are earning a living as a gig worker. That means they find their customers through Lyft, DoorDash, TaskRabbit and other digital platforms, or do another form of what the ...
The “One Big Beautiful Bill Act” (OBBBA), the sweeping, comprehensive budget legislation enacted on July 4, 2025, seeks to fulfill several key campaign promises of President Donald Trump. Among those ...
In a fiery address to Congress on Tuesday, President Donald Trump doubled down on his desire for no tax on tips as well as overtime pay and Social Security. The Trump speech reiterated a key campaign ...
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