Nisha Verma, a partner in Dorsey ’s labor and employment practice, was interviewed about the implications of the recently passed federal tax and spending law, often called the “megabill.” Nisha explained, “This will change the lives of Americans, but exactly how still has to be examined,” noting the law’s rapid passage “happened overnight and on a holiday weekend.”
She highlighted potential impacts on workers, especially regarding the tax treatment of tips and overtime pay. Nisha shared, “Now that tips are more valuable, does that mean that rules like tip pooling … are going to be more scrutinized?” These changes could disincentivize wage increases and complicate workplace dynamics.
Nisha’s insights shed light on the complexities and uncertainties businesses and employees may face as the law takes effect. Read the full article on CNN.