The One W-2 Box That Decides Whether Your Employees Get the Overtime Deduction
For 2026, employees can only deduct qualified overtime if their employer reports it in Box 12, Code TT of the W-2. The relief that covered 2025 has expired. Here is what employers need to fix before year-end.
Two Tax Deadlines, Four Weeks Apart, and Interest Running at 7%
September 15 and October 15 are the two deadlines that close out extension season, and the K-1 from one feeds the other. With underpayment interest holding at 7% into Q4 2026, here is what is due and how to avoid the crunch.
Trump Accounts: The Rules Just Got Specific, and Employers Have a Decision to Make
Treasury and the IRS issued proposed regulations on Trump Accounts in August 2026, covering employer contribution programs and what the accounts can be invested in. Here is what is now clear, what to do about it, and what is still provisional.
