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Tax Provisions in the BBB - question to anyone well-versed.
Posted on 7/2/25 at 4:23 pm
Posted on 7/2/25 at 4:23 pm
I know that tips and overtime (up to 25K) will not taxed. Will bonuses and or commissions be coded the same and fall in that criteria?
Posted on 7/2/25 at 4:57 pm to Random LSU Hero
The deduction only applies to workers’ federal income taxes and overtime pay as required by the FLSA. Employees whose overtime pay requirements are set by a collective bargaining agreement (aka Unions), with overtime pay that differs from the FLSA requirements, will not be exempt.
Good way for the Republicans to give votes back to the democrats.
Good way for the Republicans to give votes back to the democrats.
This post was edited on 7/2/25 at 5:02 pm
Posted on 7/2/25 at 5:19 pm to Buck_Rogers
Maybe Unions were sold out to the wrong team. Deal with it
Posted on 7/2/25 at 6:08 pm to Bamafig
Fun fact. Most union workers (not union leaders) vote republican and helped secure Trump's victory. Part of the reason was they were told that their overtime would not be taxed.
Posted on 7/2/25 at 6:10 pm to Random LSU Hero
quote:
Will bonuses and or commissions be coded the same and fall in that criteria?
Posted on 7/2/25 at 6:10 pm to Random LSU Hero
This bill is in trouble....and it MUST PASS!!!!!!!!!!!
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