The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...
The IRS has announced that new tax-reporting rules are forthcoming for overtime compensation under recent federal tax ...
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‘No Tax on Overtime’: What to know about the deduction
The temporary provision applies to tax years from 2025 through 2028.
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 ...
Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...
The IRS has released drafts of some 2026 tax forms, including a draft of Form W-2. The changes are intended to address tax reporting updates, particularly for tipped and overtime workers. Wondering ...
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