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New tax bill offers overtime pay deduction this year
The new 2025 tax bill signed by President Trump includes a federal deduction for overtime pay. Learn who qualifies, how much ...
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 ...
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 ...
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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