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Trump’s “Big Beautiful Bill” Just Changed the Rules on Tipped and Overtime Pay — Here’s What Workers And Employers Need To Know

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But there is also the possibility they could cause tension among employees at the same company who could now be taxed differently, says Marc Gerson, member at Miller & Chevalier and former majority tax counsel for the House Ways and Means Committee, and undermine tax fairness.

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Wages Rise and Job Growth Outpaces Expectations in Latest Labor Report

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In addition to the better-than expected increase in nonfarm payrolls reported by the Labor Department on Friday, wages rose at a solid pace last month. Nonfarm payrolls increased by 254,000 jobs last month, the most since March, the Labor Department’s Bureau of Labor Statistics said. presidential election.

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U.S. Job Growth Surges In December As Wages Rise

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17-18 policy meeting published on Wednesday, which noted “most participants remarked that … the Committee could take a careful approach in considering” further cuts. “The solid nonfarm payroll gain and decent earnings growth will keep the U.S. Professional and business services payrolls rose by 28,000.

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