The OBBB Act and how it impacts wage reporting rules

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The One Big Beautiful Bill (OBBB) Act introduces new federal tax deductions for overtime and tipped income. These updates create meaningful opportunities for employees while expanding wage reporting responsibilities for HR and payroll professionals.

This free whitepaper breaks down the law in straightforward terms so you can understand key provisions, strengthen internal processes, and support accurate wage reporting with confidence.

What you’ll learn

• Which wages qualify for the new deductions
• How income thresholds affect eligibility
• What the IRS expects during the 2025 transition year
• How the expanded FICA tip credit applies to more industries
• Which reporting requirements apply to Forms W-2 and 1099
• What qualifies as deductible overtime under the Fair Labor Standards Act

These changes influence how organizations handle wage calculations, documentation, and reporting throughout the year. Download now to get practical guidance to update processes, collaborate effectively with payroll and finance, and maintain accuracy as your responsibilities evolve.