BEGIN:VCALENDAR
VERSION:2.0
CALSCALE:GREGORIAN
METHOD:PUBLISH
PRODID://NDCP//517003
BEGIN:VEVENT
DTSTAMP:20260429T131608
VTIMEZONE:America/Chicago
DTSTART:20270422T130000Z
DTEND:20270422T150000Z
UID:517003
SUMMARY:Surgent's Taxation of Tips and Overtime Under OBBBA (TTO2)
LOCATION:Webinar
DESCRIPTION:Surgent's Taxation of Tips and Overtime Under OBBBA (TTO2)\n\n04/22/27 08:00 AM CST\n - 04/22/27 10:00 AM CST\Description:\nArguably the most discussed topics to come out of the  One Big Beautiful Bill Act (OBBBA) are the taxation of tips and overtime. Practitioners need to understand these provisions now, as they are effective for 2025 tax returns. This program provides practitioners with the background currently available to advise clients regarding these two important tax developments. Both employers and employees need to understand these timely changes to taxation.Objectives:
 Expertly advise clients regarding the latest on taxation of tips and overtime emanating from OBBBA
 Presenters:Mike Tucker, Ph.D., LL.M., J.D., CPAEdward Renn, Esq.Field of Study:Taxes (2)Major Topics:
 $12,500 deduction per individual for qualified overtime pay
 Payment of overtime under the Fair Labor Standards Act (FLSA)
 Calculating the “premium portion” of the extra half-time pay
 Social Security and Medicare withholding
 Employer furnishing the record of qualified overtime compensation to employees
 Definition of a qualified tip
 IRS list of traditionally-tipped occupations
 $25,000 deduction for reported tips
 The transition rule allowing employers to indicate the approximate amount designated as tips or overtime
 State tax issues relating to tips and overtime
 Changes in the W-2 reflecting new employer reporting responsibilities
 \Location:\nWebinar\n\n,
X-ALT-DESC;FMTTYPE=text/html:Surgent's Taxation of Tips and Overtime Under OBBBA (TTO2)<br /><br />04/22/27 08:00 AM CST - 04/22/27 10:00 AM CST<br />Description:<br />Arguably the most discussed topics to come out of the  One Big Beautiful Bill Act (OBBBA) are the taxation of tips and overtime. Practitioners need to understand these provisions now, as they are effective for 2025 tax returns. This program provides practitioners with the background currently available to advise clients regarding these two important tax developments. Both employers and employees need to understand these timely changes to taxation.<br><br><b>Objectives:</b><br><ul>
    <li>Expertly advise clients regarding the latest on taxation of tips and overtime emanating from OBBBA</li>
</ul><br><b>Presenters:</b><br>Mike Tucker, Ph.D., LL.M., J.D., CPA<br>Edward Renn, Esq.<br><br><b>Field of Study:</b><br>Taxes (2)<br><br><b>Major Topics:</b><br><ul>
    <li>$12,500 deduction per individual for qualified overtime pay </li>
    <li>Payment of overtime under the Fair Labor Standards Act (FLSA)</li>
    <li>Calculating the &ldquo;premium portion&rdquo; of the extra half-time pay </li>
    <li>Social Security and Medicare withholding</li>
    <li>Employer furnishing the record of qualified overtime compensation to employees</li>
    <li>Definition of a qualified tip</li>
    <li>IRS list of traditionally-tipped occupations </li>
    <li>$25,000 deduction for reported tips</li>
    <li>The transition rule allowing employers to indicate the approximate amount designated as tips or overtime</li>
    <li>State tax issues relating to tips and overtime</li>
    <li>Changes in the W-2 reflecting new employer reporting responsibilities</li>
</ul><br />Location:<br />Webinar<br /><br />,  
PRIORITY:3
TRANSP:TRANSPARENT
BEGIN:VALARM
TRIGGER:-PT5M
ACTION:DISPLAY
DESCRIPTION:Reminder
END:VALARM
END:VEVENT
END:VCALENDAR