Steven Hayes
Senior Finance Writer
BA Journalism
Steven Hayes is a senior finance writer covering taxes, payroll, and small-business finance. Steven has written hundreds of explainers helping workers and employers make sense of the rules.
Articles by Steven
Understanding TTOC Codes for Salon and Spa Workers: A Guide to Proper Classification
Discover the importance of accurate TTOC code classification for salon and spa workers to ensure correct Form W-2 reporting and avoid penalties.
No Tax on Tips in 2026: What Every Employer Must Do Before Year-End
The OBBBA 'no tax on tips' provision is now in effect. Here's exactly what employers must do for 2026 W-2 reporting — deadlines, TTOC codes, and penalties explained.
TTOC Codes vs SOC Codes: What's the Difference?
TTOC and SOC codes both classify occupations, but they serve very different purposes. Here's what employers need to know about each.