Overtime & Tips: New Tax Breaks That Could Save Workers Thousands. If Payroll Gets It Right.
[embedyt] https://www.youtube.com/watch?v=GLqT4aOCdI0[/embedyt]The recently passed One Big Beautiful Bill brought a wave of tax changes, but two stand out for employees in hospitality, retail, and other hourly-wage industries: No Tax on Tips Deduction: Up to $25,000 deductible for tips (income tax only, not payroll taxes). Overtime...
28 August, 2025