Donald Trump’s proposal to eliminate overtime tax has ignited chatter.
The One Big Beautiful Bill Act introduced a new deduction called No Tax on Overtime for the 2025 tax filing season.
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 ...
Some overtime pay is exempted from federal taxes, but Colorado did not follow suit. Here's why and how to report it to the state this tax season.
Oregon workers who earned overtime pay this year will get a new break on their state income taxes, thanks to state lawmakers’ decision to copy the temporary federal overtime tax exemption in President ...