The Federal Tax Deductions for Tips and Overtime Pay: Opportunities for Restaurants Employers
The Impact of One Big Beautiful Bill on Estate Planning
The One Big Beautiful Bill Act contains new, temporary laws, including available tax deductions for earnings on tips for tipped employees and overtime wage earnings of all employees. ...more
The Treasury Department this week released a “preliminary list” of occupations that may be entitled to claim the “no tax on tips” deduction. As a reminder, the “One Big Beautiful Bill Act” (OBBBA) provides an above-the-line...more