Town Treasurer / Collector

Collector Staff:

  • Jennifer Mullaney, Office Manager
  • Thomas Beaudry, Office Assistant
  • Donna Packer, Office Assistant
Collection Box Sign and Box for Taxes, Real Estate, Excise
Walkway to Collections Box

Related Documents

One Big Beautiful Bill (OBBB) Overtime / Tip Reporting for 2025

 The One Big Beautiful Bill (“OBBB”) introduced two “no tax on” provisions that impact both employers and employees starting in 2025.

  •  “No Tax on Overtime”
    Taxpayers can deduct up to $12,500 ($25,000 married filing jointly) of “qualified overtime compensation.” These deductions begin to phase out when modified adjusted gross income exceeds $150,000 ($300,000 for joint filers).
  • “No Tax on Tips”
    Taxpayers in qualifying tipped occupations can deduct up to $12,500 ($25,000 married filing jointly) of “qualified tips” per year. This deduction also phases out when modified adjusted gross income exceeds $150,000 ($300,000 married filing jointly).

 These “no tax” provisions are in effect for the 2025 – 2028 tax years.

2025 Reporting

The IRS announced there will be no changes to the 2025 W-2. However, employers will be required to provide statements to employees showing the total qualified overtime compensation for the year. For 2025, Harpers Payroll will provide a report as a personal statement for each employee to account for overtime and tips for income tax reporting.