Tip and Overtime Reporting Issues for 2025 - 0.2 CPENew 2025 Deductions Come With New Reporting Risk. Beginning in 2025, taxpayers who receive overtime pay or tips may qualify for new federal deductions. However, IRS reporting forms will not immediately reflect these changes, creating uncertainty and compliance challenges for tax professionals. This course explains how to determine what income qualifies and how to rely on IRS transitional guidance during this temporary reporting gap. Learning Objective

NASBA CPA Publication Date: 4/22/2026  Instructional Delivery Method: Self-Study  Level:  Intermediate Prerequisites: None Advanced Preparation: No Advanced Preparation Required Author: Lee Reams

Education Issues

and specialized AI systems improve operational efficiency and consistency within tax and accounting firms

and independent contractors on entity formation and structural planning decisions

including recent changes affecting deduction structure and eligibility

and documentation standards helps practitioners protect clients and reduce compliance risk

Course Material: The Big Book of Taxes 365 Online Version (sold separately)

Course 4: The Hidden Risk of Building a DIY AI Stack - 0

●     How you advise clients before mistakes are made

and strategic compliance for practicing tax professionals

audit review

Gain a practical understanding of Social Security benefit taxation