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 ...
The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...
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.
On January 23, 2026, the Department of Treasury and the Internal Revenue Service (IRS) issued Fact Sheet 2026-01, providing answers to ...
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 ...
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 ...