Keep the Change: No Tax on Tips and Overtime
Trust Fund Recovery Penalty, No Tax on Tips, No Tax on Overtime Michael Goldberg and Avi Kafka Trust Fund Recovery Penalty, No Tax on Tips, No Tax on Overtime Michael Goldberg and Avi Kafka

Keep the Change: No Tax on Tips and Overtime

The One Big Beautiful Bill’s tip and overtime deductions are intended to provide tax relief for working class Americans. However, its success will be challenged by interpretive gaps, administrative burdens, and a ticking policy clock. Employers are left to navigate compliance risks, payroll system overhauls, and the possibility of future reversals. Similarly, workers may benefit in the short term by keeping more of their hustle, but the looming 2028 expiration, unclear IRS rules, and state-level decoupling threaten to create significant complexity that may eliminate much of the benefit that the bill intended.

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Maryland’s New Sales Tax on Tech - What SaaS, Cloud, and IT Providers and Customers need to Know
Sales and Use Tax Michael Goldberg and Avi Kafka Sales and Use Tax Michael Goldberg and Avi Kafka

Maryland’s New Sales Tax on Tech - What SaaS, Cloud, and IT Providers and Customers need to Know

Maryland has implemented a first of its kind 3% tech tax targeting a broad range of IT and digital services. Effective July 1, 2025, this surcharge represents an expansion of the state’s sales and use tax system into the digital economy. Unlike the longstanding 6% sales tax on tangible goods and digital products, the new law covers previously untaxed services, such as software as a service (SaaS), cloud storage, and IT consulting - reshaping the cost structure for tech providers and buyers alike.

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The IRS’s Offer in Compromise
Michael Goldberg and Avi Kafka Michael Goldberg and Avi Kafka

The IRS’s Offer in Compromise

The IRS offers a program allowing taxpayers to settle their tax debts for less than the full amount owed through an Offer in Compromise (OIC). A compromise that serves the interests of both the IRS and the taxpayer is the ultimate objective. However, the strict requirements of the program mean that not everyone will qualify.

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