• Posts by Tanner C. Fisher
    Associate

    Tanner Fisher is an associate in the firm's Business Representation & Transactions Group.

    Tanner earned his law degree from the University of Kentucky J. David Rosenberg College of Law, where he served as Senior Staff Editor on the ...

A long-standing federal hiring incentive is coming to an end in 2025. Unless extended by Congress, the Work Opportunity Tax Credit (“WOTC”), a program that has provided employers with a predictable tax credit for hiring individuals facing significant barriers to employment, will expire on December 31, 2025.[1] This credit has been part of many employers’ staffing, budgeting, and tax-planning strategies for nearly three decades. Its potential sunset will require employers to evaluate current practices and prepare for changes to their 2026 cost structures.

On November 21, 2025, the Internal Revenue Service (IRS) issued Notice 2025-69, providing guidance and clarification on the new federal income tax deductions for employee tips and certain overtime compensation taking effect in tax year 2025.

Subscribe

Topics/Tags

Select
Jump to Page
Close