H.R.1 Insights: Tax Free Tips and Overtime Provisions
What employers need to know for accurate payroll reporting On July 4th, 2025, H.R.1 (formerly, the One Big Beautiful Bill Act, OBBBA) was signed into law. H.R.1 extends many of the expiring provisions from the Tax Cuts and Jobs Act (TCJA) of 2017, but it also includes some new provisions including no tax on tips … Continue reading H.R.1 Insights: Tax Free Tips and Overtime Provisions
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