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Employer Guidance for New Tax Deductions for Tips and Overtime Pay

Learn how the new OBBBA tax deductions impact employers managing tips and overtime pay. This guide explains deductions of up to $25,000 for qualified tips and $12,500 for overtime, key compliance rules under the FLSA, and IRS reporting updates. Discover what employers must do to stay compliant and prepare for 2025 tax year changes.

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