EPC Tax Resolution

We are officially open. Abbotsford WI. Come visit our new location.

Happy Saturday. Coffee and studying the OBBBA. So many changes for 2026 tax season.

Key Points for 2025 W2 Reporting
• No Form Changes: The IRS announced that the 2025 versions of Form W-2 and other related payroll forms will remain unchanged to avoid disruption.
• Deductions Taken by Employees: The OBBBA deductions for qualified tips and overtime are claimed by employees when they file their personal income tax returns, not at the payroll level via a modified W-2 for 2025.
• Employer Tracking: While not required for W-2 reporting in 2025, employers should track qualified tips and overtime income internally to assist employees with their tax filings.

Holiday hours
Closed August 29 to September 1

See you Tuesday 9-2-25