There will be no tax on tips and no tax on overtime this tax season. Here's what to know about deductions and who qualifies ...

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

Extra work hours in the week can mean extra pay. Now, it can also mean a new tax benefit you can claim on your return come tax time. Starting Jan.

They say that the only two certainties in life are death and taxes. The recently passed “Big Beautiful Bill,” however, claims to eliminate one of those — at least for overtime hours. The budget bill, ...

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 ...

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 ...

Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...