The IRS and U.S. Treasury have announced temporary penalty relief for tax year 2025 related to new information-reporting requirements under the One Big Beautiful Bill Act, which introduced the “No Tax on Tips” and “No Tax on Overtime” provisions.
Human Resources
What HR Managers & Employers Need to Know About a U.S. Government Shutdown
When the U.S. government shuts ...
The One Big Beautiful Bill Act (OBBBA) introduced a major change for millions of American workers: overtime pay ...
A new federal tax provision goes into effect retroactively, starting January 01, 2025, that could put more money ...
Ever since July 4th, when President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, employers across ...
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