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Category: Wayne Young

The One Big Beautiful Bill Act

By fridayfirmdev

The One Big Beautiful Bill Act (“OBBBA”) was signed into effect by President Trump on July 4, 2025. Included in the OBBBA was the “No Tax on Tips” provision, which grants service-sector workers an above-the-line deduction of up to $25,000 of qualified tip income earned between January 1, 2025, and December 31, 2028. Also included is the “No Tax on Overtime” provision, which, during the 2025-2028 tax years, grants…

Noncompete Proposal Generates Concerns

By Eli Brewer

It’s no surprise that the FTC’s noncompete proposal has caused a stir. Wayne Young shares some of his insight on the subject in the article, “Noncompete Proposal Generates Concerns,” published in Arkansas Business.