Ogletree Deakins·TAX
IRS clarifies tax-free tips and overtime rules through 2028
The IRS released FAQs on August 6, 2026 explaining eligibility, withholding, and reporting requirements for the tip and overtime tax exemptions created by the 2025 omnibus spending bill.
irs-guidancetips-taxationovertime-deductionflsa-complianceform-w-2
Read the original firm alert → Thursday, September 3, 2026