The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

There will be no tax on tips and no tax on overtime this tax season. Here's what to know about deductions and who qualifies ...

The IRS is rolling out new deductions for tip and overtime income. Here's how they work and who qualifies.

The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay ...

Extra work hours in the week can mean extra pay. Now, it can also mean a new tax benefit you can claim on your return come tax time. Starting Jan.

Workers keep hearing about "no taxes on overtime in 2026," but the reality is more complicated: President Trump has promoted the idea, yet available reporting shows only proposals and commentary, not ...

They say that the only two certainties in life are death and taxes. The recently passed “Big Beautiful Bill,” however, claims to eliminate one of those — at least for overtime hours. The budget bill, ...

Millions of Americans could soon see bigger paychecks thanks to the new “no tax on overtime” policy. This unusual tax break focuses on extra hours worked, making waves for its potential to boost ...

The final updated rules for overtime have been released by the Department of Labor and are set to take effect in December: That means a lot of employees who were previously exempt will suddenly ...