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Wednesday, October 22, 2025 Live Webcast

Taxation of Tips and Overtime Under OBBBA Webinar (X1-TTO2-2025-01-WEBNR-295-01)

1:00 PM - 3:00 PM EDT
webcast

Vendor Platform

2 CPE Credits in TX

OVERVIEW

Arguably the most discussed topics to come out of the One Big Beautiful Bill Act (OBBBA) are the taxation of tips and overtime. Practitioners need to understand these provisions now, as they are effective for 2025 tax returns.

DESIGNED FOR

All accounting and finance practitioners

BENEFITS

  • Expertly advise clients regarding the latest on taxation of tips and overtime emanating from OBBBA

HIGHLIGHTS

  • $12,500 deduction per individual for qualified overtime pay
  • Payment of overtime under the Fair Labor Standards Act (FLSA)
  • Calculating the “premium portion” of the extra half-time pay
  • Social Security and Medicare withholding
  • Employer furnishing the record of qualified overtime compensation to employees
  • Definition of a qualified tip
  • IRS list of traditionally-tipped occupations
  • $25,000 deduction for reported tips
  • The transition rule allowing employers to indicate the approximate amount designated as tips or overtime
  • State tax issues relating to tips and overtime
  • Changes in the W-2 reflecting new employer reporting responsibilities

COURSE LEVEL

Basic

ADVANCE PREPARATION

None

INSTRUCTOR

Michael Tucker

Michael J. Tucker, CPA, Ph.D., J.D., LL.M.

Ph.D., JD, CPA

Professional Education Network

Read bio

PRICING

$109.00 - Member

$119.00 - Nonmember

Register Today


Note: Online pre-registration will close on October 22 at 12:30 PM.

ADDITIONAL OPTIONS

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