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 ...
An IRS fact sheet explains when overtime compensation qualifies for the H.R. 1 deduction and how Fair Labor Standards Act ...
The IRS has announced that new tax-reporting rules are forthcoming for overtime compensation under recent federal tax ...
The temporary provision applies to tax years from 2025 through 2028.
The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay ...
The Treasury Department and the IRS have jointly published answers to frequently asked questions related to the deduction for qualified overtime compensation introduced in the budget reconciliation ...
Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...
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 ...