The overtime deduction is temporary – it only applies for the 2025 to 2028 tax years.

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

A new federal law enacted last year provides a tax benefit to employees who receive overtime pay – but calling it a “No Tax on Overtime” law is a ...

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

This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.

Add Yahoo as a preferred source to see more of our stories on Google. According to federal overtime laws, workers are entitled to one and one-half times their regular rate of pay for all hours worked ...

California employers might be surprised by some important nuances in the “No Tax on Overtime” rules that rolled out nationwide last year and ...

Under the so-called Big Beautiful Bill, overtime workers will soon be able to deduct some of their wages from their taxes. But who receives overtime in Rhode Island? According to federal overtime laws ...