2026 tax tips: What to know about overtime & tips [Yahoo! Finance]
H&R Block, Inc. (HRB)
Last h&r block, inc. earnings: 3/5 04:15 pm
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Source: Yahoo! Finance
important upcoming tax changes affecting overtime pay and tipped income. A new law introduces employee deductions for qualified overtime compensation and qualified tips, which could prompt employees to request more detailed earnings information from their employers. Video Transcript Speaker A Welcome back to The Big Idea presented by Block Advisors built by H&R Block. Speaker A With tax season in full swing, I want to take a second to discuss reporting overtime compensation and tips. Speaker A If you have tipped employees who earn tips or overtime, there are some important changes coming that you all really need to know about. Speaker A The one big beautiful bill created two new deductions for employees, deductions for qualified overtime compensation and deductions for qualified tips. Speaker A These new deductions allow employees to claim a portion of their overtime and tips on their tax return. Speaker A So, what does this mean for employers? I'll listen up
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HRB
Earnings
- 2/3/26 - Beat
HRB
Sec Filings
- 2/5/26 - Form 10-Q
- 2/5/26 - Form SCHEDULE
- 2/3/26 - Form 8-K
- HRB's page on the SEC website