TaxTalk - “Tax Savings for Tipped...

TaxTalk - “Tax Savings for Tipped & Overtime Workers”

TaxTalk by Greenspoon Marder LLP

Episode notes

Greenspoon Marder's latest episode of TaxTalk, "Tax Savings for Tipped and Overtime Workers," explores recent legislative updates, particularly those introduced under the One Big Beautiful Bill (OBBB), that impact tipped employees and overtime earners. This episode offers valuable insights for both workers and employers as we approach the upcoming filing season.

Part 1: "Taxes on Tips" with Tatum Perez

  • What is the new deduction for tipped workers?
  • Who qualifies?
  • How certain professions are affected (e.g. dancers and budtenders).

Part 2: "Taxes on Overtime" with Alexis Whitley

  • What changes were made?
  • How much overtime is non-taxable?
  • Who will this provision primarily affect?

Part 3: "Filing  ... 

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Keywords
Tipped WorkersTipsTaxLegalExemptNon ExemptOvertimeOvertime WorkersEmployeesEmployers