No Tax on Tips and Overtime: What the IRS's New 2026 Payroll Rules Mean
Steve PerryPublished on: 02/09/2026
New 2026 W-2 codes TP and TT replace the reporting relief employers had for tips and overtime deductions in 2025. Here is what payroll must confirm now to avoid IRS penalties.
Tax education articles and IRS representation advice for individuals and small businesses