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.
The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay ...
The Internal Revenue Service (IRS) has announced major revisions to the U.S. tax code following the passage of the One, Big, Beautiful Bill Act (OBBB), signed into law on July 4, 2025. The agency has ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Employment lawyers are seeing ...
The U.S. Department of Labor issued a batch of four opinion letters on Jan. 5 cautioning employers on the role of certain performance-based bonuses and pre-shift “roll call” time in overtime ...
Cash-grabbing state employees boosted their bottom lines last year with coveted overtime shifts, contract buyouts and more, with State Police hiking their pay into six-figure heights by claiming ...
Kroger has been sued more than 20 times since 2020 by managers who accuse the grocer of misclassifying them to avoid paying overtime. The company recently settled a collective action lawsuit involving ...
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 ...
Amid the White House’s push to ramp up hiring at U.S. Border Patrol as part of its expansive immigration policy, new legislation on Capitol Hill seeks to retain current supervisors with new overtime ...
Management within Border Patrol may soon receive a long-overdue pay raise, following the border crisis that gripped the country for much of the Biden administration. New legislation put forward by Rep ...
The FBI released files to Bloomberg investigative Reporter Jason Leopold following a civil lawsuit under the Freedom of Information Act. These files indicated that the agency had spent at least ...
Men are earning on average A$9,753 more than women each year in the form of performance bonuses, allowances and overtime pay. That's according to the latest gender pay gap data released on Thursday by ...