Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...
Roughly 4 million “white collar” workers will lose out on a new tax exemption for overtime pay while Biden-era rules that ...
The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...
Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...
For tax years 2025 -2028, the One Big Beautiful Bill Act (OBBBA) allows employees to take an above-the-line tax deduction on qualified overtime ...
The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that ...
On November 21, 2025, the Internal Revenue Service (IRS) and the U.S. Department of the Treasury released guidance outlining ...
States are rejecting some of the mega tax package's most popular individual tax provisions to boost their finances. What it ...
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 ...
Imagine getting a government budget passed with bipartisan support and no shutdown, featuring tax cuts President Donald Trump ...