FUTA Tax Credit Reduction 2025
Federal Unemployment Tax Credits Reduced for California Employers Retroactively for 2025 California, along with the U.S. Virgin Islands, is once again facing a reduction in Federal Unemployment Tax Act (FUTA)…
Taxes
OBBBA & Overtime: Upcoming Changes for 2026
The One Big Beautiful Bill Act (OBBBA) introduces changes and new requirements for reporting overtime pay in 2026. The changes are required to enable employees to claim certain overtime deductions…
IRS Announces No Changes to Tax Returns for 2025 Related to the One Big Beautiful Bill Act
The One Big Beautiful Bill Act (OBBBA) requires changes to tax reporting on overtime and tips. However, the IRS announced that, as part of the phased implementation of the OBBBA,…
