On July 4th 2025 President Trump signed in the One Big Beautiful Bill Act into law. This legislation is sweeping legislation that impacts all aspects of the United States. However, there are major impacts coming to employers and payroll departments across the national. Everything from taxation to W-2 reporting changes that was retro active back to Jan of 2025. This session will do a complete overview of all aspects of the act and how employers can prepare for changes that will need to comply with by the end of 2025.
Session Highlights
- Review of the permanent extension of the Tax Cuts and Jobs Act.
- What does it mean “no tax on tips” how will employers implement for their tipped employees.
- Overtime taxation changes and how will employers manage the changes
- Details of increases in Form 1099-MISC and Form 1099-NEC reporting threshold
- Updates to personal exceptions and child tax credits
- Updates to transportation and moving expense taxation
- Plus many more updates that include Trump accounts, Student loan changes and employer meals
Why Should Attend
The One Big Beautiful Bill Act (OBBBA) brings some of the most sweeping payroll and tax changes in decades, and employers cannot afford to be unprepared. With retroactive rules dating back to January 2025, payroll professionals and employers need to act quickly to adjust systems and policies. This session will give you the clarity and guidance you need to understand what “no tax on tips” really means, how overtime taxation will change, and what the new W-2 and 1099 reporting thresholds require. You’ll also learn how updates to child tax credits, personal exemptions, transportation expenses, student loans, and employer-provided meals affect both employees and businesses. By attending, you’ll gain the knowledge to avoid compliance risks, maximize available tax benefits, and prepare your organization for smooth year-end reporting. This isn’t just an update—it’s a practical roadmap to confidently navigating the OBBBA and protecting your organization from costly mistakes.
Who Should Attend
- Payroll Managers & Specialists
- HR Professionals & Benefits Administrators
- Finance & Accounting Leaders
- Small & Mid-Sized Business Owners
- Compliance Officers & Legal Advisors
After the live event, there will be a Q&A session where you can ask a question directly to our expert speaker. They will provide a clear and understandable response to help you better understand the topic.
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