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YouTubeWinrow Tax Services
New IRS Guidance for 2025 Tips & Overtime
The IRS just released major guidance for 2025 tip and overtime deductions — and it affects millions of workers and employers. In this quick update, I break down the big changes: employer penalty relief for 2025 (Notice 2025-62), delayed W-2 and 1099 reporting updates until 2026, and the new draft Form 1040 instructions and Schedule 1-A for ...
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