Tax Credits and Deductions – Oh My!
Applies to: As Indicated Effective: As Indicated Quick Look Tax deduction for employee tips up to $25,000 for tax years 2025 through 2028. Tax deduction for employee overtime wages up to $12,500 for single filers, $25,000 for joint filers for tax years 2025 through 2028. Calculation options expand for the paid family and medical leave
