The One Big Beautiful Bill Act introduced a new deduction called No Tax on Overtime for the 2025 tax filing season.
The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay ...
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Overtime pay is now tax-deductible: Are you eligible for the new $12,500 break?
The OBBBA law created a new tax deduction for overtime pay. Find out if you're eligible, how much you can deduct, and how to report it on your 2025 return.
Many Americans who work overtime will get a break on their taxes for the next few years — but it may not be as hefty as they think. Congressional Republicans sought to fulfill President Donald Trump’s ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...
Imagine getting a pay raise, only to be told weeks later: Sorry, we're taking it back. That's what's happening to 306 employees at The Ohio State University now that ...
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