How the "One Big Beautiful Bill Act" Impacts Tipped and Overtime Pay

In this episode, Miller Johnson employment attorneys Rebecca Strauss and Sarah Willey break down a major change in federal tax law: tip and overtime wages are getting a tax break—but only for a limited time. We're talking about how the "One Big Beautiful Bill Act" changed federal taxes on tips and overtime wages for the 2025–2028 tax years. If you're in HR, payroll, hospitality, or food service, this quick episode gives you exactly what you need to know. Tune in as we explore: Who qualifies for the new tip deduction The difference between a deduction and an exemption How this affects payroll systems and year-end tax filings What changes apply to overtime wages