The U.S. Department of the Treasury and the Internal Revenue Service issued guidance to help workers claim their tips and overtime deductions before new tax forms are published next year. The guidance describes, in very specific terms, how employers can report employees’ tipped income for tax year 2025, as many forms will not change before the tax filing season.
Need more information? Join AHLA Allied+ Member KPMG, Allied Member ADP, and AHLA Chief Advocacy Officer Brett Horton at 10 a.m. Pacific Time on Tuesday, Dec. 16, for “Tax Bill 101: What Employers Need to Know About No Tax on Tips/Overtime at Year End,” an AHLA members-only webinar focused on the latest guidance.