What the Big Beautiful Bill Means for Payroll, Benefits, and Compliance

The Big Beautiful Bill has officially passed, bringing sweeping changes to both payroll and HR operations. From new federal deductions for overtime and tips to benefit plan updates, expanded reporting requirements, and evolving eligibility rules, teams must move quickly to adjust systems, processes, and employee communications. 

We’ll break down what’s changed, what’s still uncertain, and what your team needs to do now to stay compliant and avoid disruption. 

We'll cover:  

• What qualifies for the new tip and overtime deductions
• How the law affects withholding and payroll system setup
• New reporting requirements for W-2s and 1099s 
• IRS timelines for implementation and guidance 
• Changes to HSA, FSA, and dependent care rules 
• Key steps for payroll and HR teams to prepare—starting today