URGENT 2025 Year-End Wage Reporting: OBBBA Income Tax-Free Provisions

On-Demand Recording

Program Summary

In our interactive instructor-led 90-minute event, you will learn how to apply the most recent IRS guidance regarding OBBBA-related provisions to 2025 reporting. We will review the latest regulations to help you distinguish eligible tax-free earnings from taxable pay and set your systems up for a compliant 2026.

Join us, and you’ll discover the following:

  • What overtime and tip payments are income tax-free eligible
  • Where and how to report new tax-free overtime and tip amounts
  • How to prepare for 2026 reporting
  • Best practices and ideas for communicating year-end tax information to employees

Program Highlights

Calculating Income Tax-Free Eligible Overtime and Tips

  • How to interpret what the Fair Labor Standards Act (FLSA) "says" regarding eligibility
  • Methods for calculating the eligible income tax-free tips and overtime with precision
  • Solutions for identifying exemptions and performing special calculations correctly

Completing Accurate W-2 Reports

  • How to apply the most recent guidance from the IRS and understand what it all means
  • Ways to report new tax-free overtime and tip amounts in the correct locations
  • Techniques for ensuring your 2025 reporting aligns with OBBBA provisions

Strategic Communication and Future Planning

  • How to prepare for 2026 W-2 reporting requirements starting now
  • Best practices and ideas for communicating year-end tax information to employees
  • Techniques for reporting the 2025 income tax-free eligible amounts to staff clearly

ABOUT THE SPEAKER

Tricia Richardson
Tricia Richardson, CPP, SPHR, SHRM-SCP provides clients with direct payroll assistance, information, education, consultation, and even empathy, in her role as a Consultant.Tricia has more than 25 years of experience in all aspects of workforce management (payroll processing, taxation, employee handbooks, human resources, benefits, etc.). Tricia is a Payroll and Human Resource “nerd” who enjoys reading Internal Revenue Code.  

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HRCI CREDITS

This program has been approved for 1.5 (HR (General)) recertification credit hour toward aPHRTM, aPHRiTM, PHR®, PHRca®, SPHR®, GPHR®, PHRiTM and SPHRiTM recertification through the HR Certification Institute. Learn more at hrci.org

SHRM CREDITS

Resourceful Finance Pro is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®. This program is valid for 1.5 PDCs for the SHRM-CP® or SHRM-SCP®. For more information about certification or recertification, please visit www.shrmcertification.org.