New Tips and Overtime Tax Rules: Compliance and Best Practices
Total Credits: 1 including 1 Taxes - Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Tax Institute | IRS Approved | Tax
- Faculty:
- Steven C. Dilley, CPA, JD, PhD
- Course Levels:
- Basic
- Duration:
- 1 Hour
- License:
- Expires 30 day(s) after program date.
Description
This program provides a comprehensive overview of the latest rules and regulations governing tips, overtime pay, and related tax obligations. Participants will learn how to calculate, report, and withhold taxes on tips; apply new overtime rules; and ensure compliance with the new federal law.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to terri.storer@acpen.com.
Basic Course Information
Major Subjects- Updated OBBA guidance on tip reporting and allocation
- Qualifying tip requirements
- Self-employment and qualified tips
- Employer and employee tax responsibilities for tipped wages
- Overtime pay deduction
- Tip and overtime information returns
Learning Objectives
- Apply new OBBA rules for reporting tips and overtime wages
- Identify key compliance issues
- Identify common compliance pitfalls and planning strategies
Course Materials
| IMPORTANT_CPE Credit Instructions_Read Before Webcast_Updated_2_2025 (442.6 KB) | Available after Purchase | ||
| IRS CE Request Form (266.8 KB) | Available after Purchase | ||
| New Tips and Overtime Tax Rules: Compliance and Best Practices Handout (5.6 MB) | Available after Purchase | ||
Faculty
Steven C. Dilley, CPA, JD, PhD Related Seminars and Products
Steven C. Dilley, CPA, JD, PhD is President of Federal Tax Workshops, Inc., East Lansing, Michigan, where for the past 36 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the United States. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business. He has published numerous articles on these topics. In addition, Steve is a Professor of Accounting at Michigan State University, East Lansing, where he teaches tax accounting and was nominated in 2004 for the "Educator of the Year Award." He obtained his PhD in accounting, law degree and an undergraduate accounting degree from the University of Wisconsin-Madison. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, The American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.
Dates
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Thu, Dec 04, 2025 - 10:00 AM to 11:05 AM EST
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Wed, Dec 24, 2025 - 1:00 PM to 2:05 PM EST
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Sat, Dec 27, 2025 - 11:00 AM to 12:05 PM EST
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Thu, Jan 08, 2026 - 10:00 AM to 11:05 AM EST
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Wed, Jan 28, 2026 - 2:00 PM to 3:05 PM EST
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Thu, Feb 05, 2026 - 10:00 AM to 11:05 AM EST
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Wed, Feb 25, 2026 - 2:00 PM to 3:05 PM EST
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Thu, Mar 05, 2026 - 10:00 AM to 11:05 AM EST
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Wed, Mar 25, 2026 - 2:00 PM to 3:05 PM EDT
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Thu, Apr 02, 2026 - 10:00 AM to 11:05 AM EDT
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Wed, Apr 22, 2026 - 2:00 PM to 3:05 PM EDT
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Additional Info
Basic Course Information
Prerequisites Basic knowledge of business taxationAdvanced Preparation
None
Designed For CPAs, enrolled agents, payroll specialists and members in industry seeking an in-depth overview of tips and overtime reporting rules
Original Recording Date 11/2025
Yellow Book No
Course Developer Federal Tax Workshop
Date Added to Catalog 11/2025
Additional Information
Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).Official Registry Statement Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method Live Group Internet Based
Course Registration Requirements Online Registration
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.