OBBBA: What commenters have to say about the tips deduction
In preparation for today’s IRS hearing on the proposed tips regulations, let’s take a look at how some insiders have responded to them.
More issues
W-2 Wednesday: Drive my car
The perkiest perk of all—driving a company car—is tempered by the fact that employees’ personal use is taxable and reportable on their W-2s in Boxes 1–6. You may choose among four methods to value employees’ personal use.
OBBBA: The AICPA has some ideas on 2025 W-2 reporting of tips/overtime
This safe harbor would permit employees and their tax return preparers to rely on alternative information to determine the deductions.
Were we phished?
Employees won’t take as much time as we did to compare IRS e-newsletter urls. So this is the perfect opportunity to review your phishing defenses.
Friday wrap: Payroll begins to feel the shutdown, E-Verify is back, the IRS is looking for volunteers and more
Payroll-related delays, tax assistance volunteer opportunities and more as the shutdown lumbers on.
Appeals the Supreme Court won’t hear
The Supreme Court turns down many more appeals than it hears. On the losing end are appeals of tax cases brought by taxpayers themselves, because every attorney knows they’re kryptonite. We’ve picked a few with payroll implications.
W-2 Wednesday: Handling two W-2s from two third-party payroll providers
Before going live with your new vendor, determine whether all the data in the new system matches data from previous calendar quarters. If adjustments need to be made, push your new vendor to make them. They may hesitate, but they’ll do it in the end.
In the Payroll Mailbag: November '25
Company policies can help or hinder your year-end procedures. Mostly hinder. Two questions illustrate.
Holi-dazed and confused? Get the scoop on holiday pay/work
Questions regarding overtime and holiday pay commonly arise this time of year. If you stick to these nine key rules, the holiday season will run smoothly for you and your employees.
Creditor garnishments are Payroll’s other headache
Debt-collection lawsuits are on the rise because many employees don’t see the value of contesting those debts in court. Judgment creditors already know the money is in the payroll department. And they know how to get it—through garnishing debtors’ wages. Now is the perfect time to brush up on the cr