Employers are already adapting their overtime and payroll strategies now that the law is in effect. What Is “No Tax on ...

No tax on tips and overtime pay is officially law, as part of President Donald Trump's sprawling tax cut and spending package signed into law on Fourth of July. Despite heated partisan divides over ...

According to federal overtime laws, workers are entitled to one and one-half times their regular rate of pay for all hours worked over 40 in a single working week, unless they meet certain conditions.

The Congressional Budget Office warned that exempting overtime pay from income taxes could lead to $124 billion in lost tax revenue. It’s too soon to say whether the overtime ta ...

The Senate side of the Capitol is seen in Washington, early Monday, June 30, 2025, as Republicans plan to begin a final push to advance President Donald Trump's big tax breaks and spending cuts ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year. But which workers will qualify for the new deductions ...

The new federal “no tax on overtime” law may not mean what you think it does. To start with, all of your overtime pay is not included. “No tax on overtime” is a highly promoted part of this year's ...

Shop workers in Jackson say the state budget deal's provision eliminating state income tax on overtime pay gives them ...

Some farmworkers say they’re making less money, not more. And growers say they can’t afford to pay the overtime.

Under the so-called Big Beautiful Bill, overtime workers will soon be able to deduct some of their wages from their taxes. But who receives overtime in Rhode Island? According to federal overtime laws ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year. But which workers will qualify for the new deductions ...