"No Tax on Overtime" is a provision included in the tax reform bill known as the One Big Beautiful Bill Act, which passed in ...

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.

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 ...

A slew of new tax provisions went into effect in 2025, which could significantly change how much you'll get back.

Many Americans who work overtime will get a break on their taxes for the next few years — but it may not be as hefty as they think.Congressional Republicans sought to fulfill President Donald Trump’s ...

If an hourly employee works beyond 40 hours in a week, they are entitled to overtime pay. However, if that employee performs different roles at different pay rates, you may have to use a “blended rate ...

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 ...