This session will provide you with key items from Trump’s One Big Beautiful Bill (OBBB) and how it impacts you as an employer. We will discuss how to begin preparation for tax reporting to comply with the provisions of the Bill.
While many items are tax deductions that are above the line deductions on employee’s tax returns, Employers will be impacted to provide information to employees for these deductions. This will require payroll systems to be updated to provide this data on W-2’s. Overtime deductions are for premium pay only, so systems may need updated to calculate the correct amount. State Overtime laws do not apply as it only applies to Overtime premium pay under the FLSA.
Other updates such as Dependent Care FLEX increases and opportunities for larger credits to Employers who provide child care for employees.The items included in this bill could increase employee retention & recruitment for your Workforce especially for businesses in the hospitality industry that pay Tips. Plan to attend to learn more about the provisions of this bill.
Why should you attend?
Areas covered in the session:
Who should attend this:
* There will be time allowed for questions at the end of the presentations. (Live Session)
*Not able to attend the live session? Choose an On-Demand session to watch the session later.
Debbie Cash, CPP is a Manager of TLM Implementation at G&A Partners. She was formerly a Payroll Tax/Time and Attendance Specialist at Employer Advantage LLC. G&A Partners is a Professional Employer Organization (PEO) that offers payroll, human resources, benefits management, risk management, and accounting services for businesses and they recently acquired Employer Advantage LLC a former PEO. She has been with the organization since 2006.
Debbie earned an Associates Degree in Accounting from MSSU in 1985 and a Bachelors Degree in General Business from MSSU in 2006. She obtained her Certified Payroll Professional Certification in October 2006. She has 30+ years of experience processing payroll and payroll taxes for various different companies and professions.
Debbie worked as a Payroll Specialist at Missouri Southern State University from 1993 to March 2006. She attended the International Tax Conference in Wisconsin in 2005 and specialized in International Tax for Student Visa’s. She also worked for Joplin R-8 School District from 1990 to 1993.