Current Federal Tax Developments

Keeping CPAs Up to Date on Tax Matters

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2025-11-24 Tips and Overtime Form 1040 Reporting Reiief

November 23, 2025 by Ed Zollars, CPA

This week we look at:

  • Innocent Spouse Relief Determination Standards

  • Adjustments to Medicare Parts A, B, and D

  • Equitable Distribution vs. Alimony (Pre-TCJA)

  • Implementation of the Section 139L Interest Exclusion

  • OBBBA Deductions for Tips and Overtime Compensation for 2025 returns

An audio only version of this week’s broadcast can be downloaded or streamed below:

Articles for this week’s update can be downloaded as a PDF from the link below:

2025-11-24 Current Federal Tax Developments

November 23, 2025 /Ed Zollars, CPA
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