How The New Overtime Deduction Works And Who Is Eligible To Claim It

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...
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Employee refuses to work overtime without advance notice, but the manager calls with an urgent request anyway

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Here’s Who Qualifies for Trump’s New ‘No Tax on Overtime’ Deduction

The One Big Beautiful Bill Act added several new tax breaks that are expected to increase last year’s average refund of ...
AOL

“No Tax On Overtime” In Action: Will Your 2025 Tax Return Deliver A Big Boost?

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 ...
National Law Review

No Tax on Tips and No Tax on Overtime but Employer Reporting Obligations are Not Free

As part of the One, Big, Beautiful Bill Act, taxpayers are entitled to a tax deduction on “qualified overtime” and “qualified tips” received during tax years 2025 through 2028. The following is a ...

Do You Earn Tips? You Might Be Eligible To Deduct Up To $25,000 For 2025

The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. IRS guidance can help figure the deductions.
Staten Island Advance

Here’s how new no tax on overtime law could save you money in 2026

Millions of hardworking Americans could save hundreds, or even thousands, of dollars when they file their taxes in 2026 courtesy of legislation included in President Donald Trump’s “Big Beautiful Bill ...