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

The OBBBA law created a new tax deduction for overtime pay. Find out if you're eligible, how much you can deduct, and how to report it on your 2025 return.

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

An IRS fact sheet explains when overtime compensation qualifies for the H.R. 1 deduction and how Fair Labor Standards Act ...

The Labor Department has proposed rescinding an Obama-era rule that gave home care workers the right to overtime pay and ...

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 ...

The "no tax on overtime" deduction is in effect, and here's who will qualify for the perk, The 2026 tax season opens today, Monday, Jan. 26.