Truing

Every figure on this site, and where it came from

Dated-claim register. Every claim Truing makes to a buyer that can decay lives here with the primary source it came from. Verify before shipping anything that repeats one. A remembered figure is a wrong figure.

The register carries 37 verified claims across 10 primary sources, with 4 corrections recorded against them, and the oldest re-verification in the set is 24 August 2026. That date is the oldest rather than the newest on purpose: a set is only as fresh as its stalest member.

A claim whose status is not verified cannot reach a page at all. src/lib/facts.ts throws at build time on one, which is why this page lists only the verified set.

The claims

Regulation

What 2026 Form W-2 box 12 code TP reports

Total amount of cash tips reported to the employer — NOT the employee's qualified tips

IRS — General Instructions for Forms W-2 and W-3, "Code TP—Total amount of cash tips reported to the employer."re-verified 16 September 2026w2-box12-code-tp-definition

Corrected 28 July 2026. It said “Total qualified tips” and now says “Total amount of cash tips reported to the employer”. The code TT guide defined code TP as 'total qualified tips' in both its fact strip and its opening paragraph. The IRS instructions define it as cash tips reported to the employer. Qualified tips are an employee-side determination that box 12 code TP does not itself carry. Corrected on both surfaces this run.

Regulation

Penalty regime for incorrect or missing box 12 figures

Information-reporting penalties under IRC §6721 and §6722, assessed per return

IRS — Information return penaltiesre-verified 9 September 2026information-return-penalties

Elapsed time

How much of 2026 has already run without the split (the landing's opening hook)

"Every pay period so far this year ran without separating…" — no elapsed-month count is claimed

Truing hero and meta description — self-referentialre-verified 27 August 2026eleven-months-of-payroll

Corrected 29 July 2026. It said “Eleven months of payroll ran without separating…” and now says “Every pay period so far this year ran without separating…”. The hook claimed eleven elapsed months of 2026 payroll; seven had run as of this date. The 2026-07-28 run corrected the hero to "Payroll ran all year" but left the meta description, the OG image alt and the BRAND-ASSETS tagline on the eleven-month line, so the drifted claim was still the one Google and every link preview saw. "Ran all year" was itself calendar-dependent — untrue until the year closes — so all four surfaces were moved to one phrasing that is accurate on every date.

Our own price

Truing engagement price

$99 minimum, then $3 per employee — the minimum covers up to 33 employees

Truing pricing section (src/components/sections/Pricing.tsx)re-verified 29 August 2026truing-pricing

Corrected 29 August 2026. It said “$350 minimum, then $8 per employee — the minimum covers up to 43 employees” and now says “$99 minimum, then $3 per employee — the minimum covers up to 33 employees”. The founding reprice landed in src/lib/prices.ts on 2026-08-19 (PER_EMPLOYEE 800 -> 300, FLOOR 35000 -> 9900) and the live pricing section renders it, but this register entry still carried the pre-reprice pair. Verified 2026-08-29 against the live document (curl, browser UA, HTTP 200): "The reconstruction is $99 up to 33 employees, then $3 each." The derived breakpoint is FLOOR / PER_EMPLOYEE = 33.

Regulation

A single wrong box 12 figure triggers two separate penalty provisions

IRC §6721 covers the return filed with the SSA; IRC §6722 covers the statement furnished to the employee — the same wrong figure appears on both copies

IRS — Information return penaltiesre-verified 9 September 20266721-6722-are-separate

Third-party scope

What Ryan (ryan.com) publishes as its scope for qualified overtime wage reporting

Advisory: strategize qualified overtime calculations and reporting; help determine the qualified overtime wages to report to employees; draft a communication strategy and workplan; prepare an employee/HR FAQ document. No price, minimum or turnaround is published. Qualified overtime only — code TP and qualified tips are not addressed.

Ryan — Qualified Overtime Wage Reporting by Employers (published 19 November 2025)re-verified 4 September 2026ryan-published-overtime-scope

Third-party observation

Third-party payroll providers' readiness for qualified overtime reporting

As observed by Ryan in November 2025, “many third-party payroll providers will not have a solution in place for 2025” — a year in which no W-2 reporting was required

Ryan — Qualified Overtime Wage Reporting by Employers (19 November 2025)re-verified 24 August 2026payroll-providers-2025-readiness

Third-party scope

What Warren Averett (warrenaverett.com) publishes as the 2026 payroll tracking requirement

The payroll system must track qualified overtime (Form W-2 code TT), qualified tips (Form W-2 code TP) and nonqualified overtime and tips as separate categories; qualified overtime includes only overtime paid under FLSA overtime rules, and overtime paid outside FLSA guidelines does not qualify and must be tracked separately

Warren Averett — New "No Tax on Overtime & Tips" Payroll Reporting Requirements Effective January 1, 2026 (published 4 February 2026)re-verified 24 August 2026warren-averett-published-tracking-requirement

Third-party scope

The three confirmations Warren Averett tells employers to get from their payroll provider

Two branches: QuickBooks Desktop and QuickBooks Online users are pointed at Intuit’s published setup guidance for overtime tracking and tip tracking; “if you use a different payroll provider”, contact them promptly to confirm that the new 2026 tracking categories are available, that Form W-2 codes TT and TP will be correctly supported, and that reporting will meet IRS and DOL requirements. All branches are forward-looking; periods already run in 2026 are still not addressed on the page.

Warren Averett — payroll reporting requirements page, the QuickBooks pointer plus the “contact your payroll provider to confirm” list (published 4 February 2026, re-read 24 August 2026)re-verified 24 August 2026warren-averett-payroll-provider-checklist

Regulation

Overtime paid to FLSA-ineligible employees, or above what the FLSA requires, is not qualified overtime

Not qualified regardless of State law or collective bargaining — covers exempt salaried staff, teachers (29 CFR 541.303), daily overtime over 8 hours, and agreement thresholds more generous than the FLSA maximum

IRS Notice 2025-69, page 20 — the Notice itself, not a quotation of itre-verified 27 August 2026flsa-ineligible-overtime-not-qualified

Third-party scope

What GFOA (gfoa.org) publishes on the no-tax-on-overtime deduction for government employers

A 17-question FAQ covering FLSA 7(j), 7(k) and 7(o), the regular rate, on-call and waiting time, non-discretionary bonuses, teachers and the IRS Notice 2025-69 reasonable methods, plus a webinar and member alerts. Oriented to tax year 2025 and to the employee's side of the calculation; discusses Box 14 reporting for 2025 and does not mention Form W-2 box 12, code TT or code TP anywhere. No reconstruction of periods already run, no price, no turnaround. FAQ 16 states the IRS has not yet released employer reporting guidance for 2026-2028.

GFOA — "No Tax on Overtime" FAQs (no publication date shown on the page; read 3 August 2026)re-verified 4 September 2026gfoa-published-scope

Third-party scope

What Swindoll, Janzen, Hawk & Loyd (sjhl.com) publishes on the qualified overtime deduction, and who it is written to

Qualified overtime is the portion of overtime pay exceeding the regular rate and required under the FLSA (the extra half-time, not the whole overtime payment); the deduction is capped at $12,500 per individual return and $25,000 on a joint return; the phase-out begins at $150,000 MAGI for single filers and $300,000 for joint filers. The piece is addressed to the taxpayer. Its only sentence to employers is that beginning tax year 2026, employers will be required to separately report qualified overtime compensation on updated tax forms — forward-looking, with no mention of periods already run, backfill or reconstruction.

SJHL — Understanding the IRS’s new deduction for qualified overtime compensation (Article | February 25, 2026)re-verified 24 August 2026sjhl-qualified-overtime-article

Third-party scope

What Kaufman Rossin (kaufmanrossin.com) publishes as its service lines

An independent CPA and advisory firm; the published What We Do menu includes Accounting & Family Office, Assurance, Tax, Forensic/Advisory & Valuation, Risk Advisory and Business Consulting, with Outsourced Accounting and QuickBooks Consulting named underneath

Kaufman Rossin — home page navigation, read 24 August 2026re-verified 24 August 2026kaufman-rossin-service-lines

Third-party scope

What SignalsHQ (signalshq.io) sells, and to whom

“AI Infrastructure for Tax Firms” — automation sold to scaling tax firms that, in its own words, “sits in front of your tax software, not instead of it”, with “nothing changes about how the return is filed or who signs it”, and files into the firm’s existing tax software

SignalsHQ — home page, read 24 August 2026re-verified 24 August 2026signalshq-product-scope

Money

Per-Form-W-2 penalty amounts under IRC §6721 for filings due after 31 December 2026 — the amounts that govern the 2026 Forms W-2

$60 if corrected within 30 days · $130 if corrected more than 30 days late but by August 1 · $340 if filed after August 1 or not corrected · at least $690 for intentional disregard, with no maximum

IRS — General Instructions for Forms W-2 and W-3, "Penalties increased" and "Failure to file correct information returns by the due date"re-verified 9 September 2026w2-penalty-amounts-filings-due-after-2026

Corrected 3 September 2026. It said “The amounts governing the 2026 Forms W-2 are the returns-due-in-2027 figures, which the IRS has not published — anyone quoting you a precise 2027 penalty is quoting a figure that does not exist” and now says “$60 / $130 / $340 per Form W-2, and at least $690 for intentional disregard, for filings due after 31 December 2026”. The claim was true when written and was flagged in this register on 2026-08-07 as the single most likely claim on the site to change. It was checked against the wrong source. The general information-return penalties page still has no 2027 row and still tops out at returns due in 2026, which is what both earlier checks read. The W-2-specific primary source publishes the applicable amounts directly and keys them to a date rather than to a due-year: "The penalty amounts shown below apply to filings due after December 31, 2026", with a What's New item headed Penalties increased stating the higher amounts "apply to returns required to be filed after December 31, 2026". The 2026 Forms W-2 are due 1 February 2027, so those are the governing amounts. Corrected on the cost guide and the who-can-reconstruct guide, both of which carried the not-published claim in prose and in their fact strips.

Threshold

What makes an employer a small business for the lower annual maximum W-2 penalty

Average annual gross receipts of $5 million or less for the 3 most recent tax years — or for the period in existence, if shorter — ending before the calendar year in which the Forms W-2 were due

IRS — General Instructions for Forms W-2 and W-3, "Small businesses"re-verified 9 September 2026small-business-penalty-threshold

Threshold

The de minimis safe harbour for incorrect dollar amounts on a Form W-2

Applies where no single amount in error differs from the correct amount by more than $100 and no single amount reported for tax withheld differs by more than $25 — but the payee may elect for it not to apply

IRS — General Instructions for Forms W-2 and W-3, "Exceptions to the penalty"re-verified 9 September 2026w2-de-minimis-dollar-error-safe-harbor

Threshold

The de minimis rule for corrections — how many incorrect Forms W-2 escape the penalty entirely

The greater of 10 information returns or one-half of 1% of the total number of information returns required to be filed for the calendar year, provided the forms were filed by the due date and corrected by August 1

IRS — General Instructions for Forms W-2 and W-3, "De minimis rule for corrections"re-verified 9 September 2026w2-de-minimis-correction-count

Third-party observation

What QuickBooks calls the box 12 code TT tracking item, and where it is set up

Qualified Overtime Tracking. A pay type in QuickBooks Online Payroll; a tax tracking type on a company contribution payroll item in QuickBooks Desktop Payroll

Intuit: Impact of the No Tax on Overtime provision to QuickBooks Payrollre-verified 5 September 2026quickbooks-qualified-overtime-item

Third-party observation

When QuickBooks fills the Qualified Overtime Tracking item without the employer computing it

"The ‘Qualified Overtime Tracking’ item will calculate automatically if you use the embedded Overtime 1.5x and Double Time pay types that pay in line with FLSA standards."

Intuit: Impact of the No Tax on Overtime provision to QuickBooks Payrollre-verified 5 September 2026quickbooks-automatic-qualified-overtime-calculation

Third-party observation

What Intuit tells the employer to compute by hand

For a state-specific or more generous overtime policy: "You will need to manually calculate the correct amount based solely on FLSA guidelines and enter it on each paycheck."

Intuit: Impact of the No Tax on Overtime provision to QuickBooks Payrollre-verified 5 September 2026quickbooks-manual-calculation-required

Third-party observation

Intuit’s published route for pay periods that already ran

To decrease a year-to-date amount: "Edit prior paychecks to make the appropriate adjustments." To increase it: add the additional amount to the Qualified Overtime Tracking item on the next paycheck. The tips article adds, on moving amounts between items, "As long as you aren’t changing the total amount, there will be no impact to the employee’s taxes or net pay."

Intuit: Impact of the No Tax on Overtime provision to QuickBooks Payrollre-verified 5 September 2026quickbooks-prior-paycheck-correction

Third-party observation

When the Treasury Tipped Occupation Code becomes available in QuickBooks Online

"Up to two codes are required to be reported on a tipped employee’s W-2 starting in tax year 2026." On availability: "This code will be available in QuickBooks Online in mid 2026."

Intuit: Impact of the No Tax on Tips provision to QuickBooks Payrollre-verified 5 September 2026quickbooks-ttoc-availability

Candidates that were rejected

Rejected

ryan.com as a competitor gap

Where it came from. search work-items 2026-08-01 (3 of 7 days, 1 engine, coveredHint:false) Why it is not here. False negative. The 2026-07-31 guide src/app/guides/who-can-reconstruct-w2-box-12-code-tt/page.tsx names Ryan, quotes its published scope, links its page and carries it in the fact strip. The work-item measurement window reaches back before that page shipped. Do not write a second Ryan page.

Rejected

gfoa.org as a COMPARISON-page candidate

Where it came from. search work-items 2026-08-03 (3 of 7 days, 1 engine, coveredHint:false) Why it is not here. Rejected as a comparison page, ACTED ON as a subject gap. GFOA is the Government Finance Officers Association — a membership body publishing guidance to its own members, not a service that competes for this engagement. A 'Truing vs GFOA' page would be the same category error as 'Truing vs the IRS' and must never be written. But unlike the irs.gov item this was NOT a false negative: nothing on the site mentioned public-sector payroll at all, and reading GFOA's FAQ on 2026-08-03 showed a real subject gap behind the citation — FLSA 7(k) work periods, 7(o) compensatory time and FLSA-ineligible overtime were absent from all four guides, and those are precisely what makes a public register unreconstructable with the 40-hour rule. Answered with src/app/guides/w2-box-12-code-tt-police-fire-comp-time/page.tsx, which names GFOA honestly as the association resource and states the difference in document shape. See the [gfoa-published-scope] claim for what must be re-checked. If this item resurfaces in a later rotation, it is covered — do not write a second GFOA page.

Rejected

$300 / $200 / $100

Where it came from. src/app/guides/w2-box-12-code-tt-overtime-premium/page.tsx Why it is not here. Worked example arithmetic for a $20 regular rate and 10 overtime hours. Internal to the illustration, not a claim about the world.

Rejected

$150 / $450

Where it came from. src/components/faq-data.json Why it is not here. Worked example arithmetic in the first FAQ answer. Same reason.

Rejected

$0

Where it came from. src/components/sections/Pricing.tsx Why it is not here. The price of the free readiness check. Cannot decay.

Rejected

irs.gov as a competitor gap

Where it came from. search work-items 2026-07-31 and again 2026-08-02 (both 5 of 7 days, 3 engines, coveredHint:false) Why it is not here. Rejected as a comparison-page candidate. irs.gov is this product's PRIMARY SOURCE, not a competitor — a 'Truing vs the IRS' page would be nonsense. The coveredHint:false is also a false negative: all three guides render irs.gov source links as real anchors via the Article fact strip (12 of them). The real signal in it is that engines answer the SERVICE query with the REGULATION, i.e. no page names the service options — which is what the 2026-07-31 page was written to answer. Do not re-raise this as a comparison page in a later rotation.