October 2, 2025   The president’s campaign promise of no taxes on tips and no taxes on overtime pay was fulfilled with the signing of the tax law, H.R. 1, in July 2025. With only four months left in the year, employees who receive this additional compensation and employers who need to understand their requirements are starting to ask how this will be put into action.   The IRS began providing guidance on the types of jobs that are covered by this provision in the law, and the law also offers...