Understanding the One Big Beautiful Bill: What Employers Need to Know

Описание: In this one-hour Zoom session, hosted by Eric Meyer of Pierson Ferdinand LLP, panelists Greg McKenzie, Jewell Lim Esposito, and Liz Delnegro break down the One Big Beautiful Bill (OBBB) and what it means for employers, HR professionals, in-house counsel, and CFOs.

From Trump Accounts to dependent care, wage-and-hour exposure, new reporting obligations, and tax credits—this session is packed with practical insights, plain-English takeaways, and opportunities for proactive planning.

🔍 What’s covered:
• What’s in the OBBB—and what’s not
• Pre-tax fringe benefit strategies and W-2 reporting changes
• How to use new tax-favored tools to gain a competitive edge
• Compliance traps and audit risks employers need to avoid
• Planning opportunities for employee benefits and executive compensation

💼 Speakers:
– Greg McKenzie: International tax counsel with deep IRS experience
– Jewell Lim Esposito: Nationally recognized employee benefits and ERISA attorney
– Liz Delnegro: Corporate and tax strategist with extensive experience in structuring and regulatory compliance

📄 Download the whitepaper:
Tax Implications Under the One Big Beautiful Bill https://pierferd.com/insights/tax-imp...

0:00 - Welcome & Housekeeping
0:40 - Panelist Introductions
2:30 - Introduction to The One Big Beautiful Bill (OBB)
3:50 - What is the OBB & Why is it Significant?
5:00 - OBB's Relevance for Employers: 7 Key Areas
6:00 - Employee Benefits Changes: Student Loans & Trump Accounts
8:40 - Deduction vs. Credit Explained
9:20 - No Tax on Tips: Employer Obligations & Reporting
11:20 - Defining Qualified Tips
12:00 - Employee Rights to Tips
12:40 - Qualified Overtime Compensation (Section 225)
13:20 - IRS Preparedness & Expected Chaos
14:50 - Temporary Provisions & Effective Dates (2025-2028)
15:00 - Importance of Employee Self-Advocacy
16:30 - Payroll System Updates for 2026 Implementation
17:50 - Health Savings Accounts (HSAs) & Telehealth Changes
19:00 - Tracking 2025 Data & Awaiting IRS Guidance
20:50 - Risks of Non-Compliance for Employers
22:30 - Expanded Paid Family Leave (PFML) Credit (Section 45S)
25:00 - PFML Pitfalls & Audit Preparation
25:40 - ACA Pre-verification Changes: Penalties vs. Confusion
27:00 - White Paper on PFML Available
28:00 - OBB's Impact on Wage & Hour Litigation
30:00 - Employer Action Steps for 2026 (Panel Discussion)
33:00 - Student Loan Repayment Eligibility (Past Loans)
34:20 - PFML Requirement: State-by-State Variation
35:00 - HR Strategy & Opportunity for Retention
36:00 - FLSA Overtime Rules Clarified
37:20 - Panelists' Key Takeaways
38:40 - Eric's Key Takeaway: Lean on Professionals
39:30 - Panelist Contact & Closing Remarks

#OBBB #EmploymentLaw #TaxLaw #EmployeeBenefits #TheEmployerHandbook