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 ...
The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. New IRS guidance can help taxpayers figure the deductions. The IRS has released ...
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 ...
Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...
The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...
NEW ORLEANS (WVUE) -- The New Orleans Police Department has changed how officers clock in for overtime shifts following an investigation that found potential timesheet violations by high-earning ...