On July 4, 2025, President Donald J. Trump signed the “One Big Beautiful Bill Act” into law, creating above-the-line tax deductions for “qualified tips” and “qualified overtime compensation.” In this session, Rob Pritchard, co-chair of Littler’s Wage and Hour Practice Group, and David Jordan, co-chair of Littler’s Hospitality Industry Group, will discuss what employers need to know about these deductions, including:

• Who is entitled to take the deductions?

• What constitutes “qualified tips” or “qualified overtime compensation” eligible for the deductions?

• Are there limits on an employee’s right to take the deductions?

• When do the deductions take effect?

• Will the Act impact an employer’s withholding and reporting obligations?

• How might an employer modify an employee’s current compensation arrangement to take advantage of the deductions?

Time:
10:00 - 11:00 a.m. PT
11:00 a.m. - 12:00 p.m. MT
12:00 - 1:00 p.m. CT
1:00 - 2:00 p.m. ET