Estimate your IRS penalty exposure for incorrect W-2 tip and overtime reporting. See all three penalty tiers and compare against the cost of compliance automation.
What percentage of W-2s might have OBBBA reporting errors?
10 affected employees · Not corrected by August 1
$3,300
Estimated penalty exposure
Minimum
$600
$60/emp
Corrected <30 days
Moderate
$3,300
$330/emp
Not fixed by Aug 1
Maximum
$6,800
$680/emp
Intentional disregard
TipFort vs. Penalties
TipFort annual cost
$588
$49/mo
Your penalty risk
$3,300
Moderate tier (most common)
TipFort costs 6x less than your potential penalty.
Automate OBBBA compliance to eliminate W-2 reporting errors and avoid IRS penalties entirely.
$49/month · No credit card required
TTOC Finder
Search and browse all 70+ Treasury Tipped Occupation Codes. Find the correct TTOC for your employees by job title, category, or keyword.
Tip Qualifier
Walk through an 8-step decision tree to determine if your tips qualify for the OBBBA deduction and which W-2 box code applies.
Compliance Checklist
Get a personalized action plan for W-2 compliance based on your industry, employee count, and business setup.
SSTB Tool
Determine if your business is a Specified Service Trade or Business (SSTB) and which W-2 box code (TP vs TS) applies.