Greenspoon Marder's latest episode of TaxTalk, "Tax Savings for Tipped and Overtime Workers," explores recent legislative updates, particularly those introduced under the One Big Beautiful Bill (OBBB), that impact tipped employees and overtime earners. This episode offers valuable insights for both workers and employers as we approach the upcoming filing season.

Part 1: "Taxes on Tips" with Tatum Perez

• What is the new deduction for tipped workers?
• Who qualifies?
• How certain professions are affected (e.g. dancers and budtenders).

Part 2: "Taxes on Overtime" with Alexis Whitley

• What changes were made?
• How much overtime is non-taxable?
• Who will this provision primarily affect?

Part 3: "Filing Perspectives" with Sabrina Strand

• Reporting requirements for, both, employers and employees.
• Steps to take for proper reporting.
• What employees or independent contractors need to know.
• What employers should consider in order to allow their employees to receive the full benefits under the new “No Tax on Tips” and “No Tax on Overtime” provisions.

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If you have any questions or would like to connect with any of our speakers, feel free to reach out to them today!

Nick Richards (Host)

Partner, Greenspoon Marder LLP

(720) 370-1169

Nick.Richards@gmlaw.com

Sabrina Strand (Featured Speaker)

Senior Counsel, Greenspoon Marder LLP

(720) 702-0910

Sabrina.Strand@gmlaw.com

Tatum Perez (Featured Speaker)

Of Counsel, Greenspoon Marder LLP

(303) 665-0860

Tatum.Perez@gmlaw.com

Alexis Whitley (Featured Speaker)

Associate, Greenspoon Marder LLP

(720) 370-1188

Alexis.Whitley@gmlaw.com

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Resources for Tipped and Overtime Workers:

• Qualified Tips Overview
• Qualified List of Service or "Tipped" Professions
• Exempt vs. Non-Exempt Positions