MiBolsilloColombia on MSN
Overtime pay is now tax-deductible: Are you eligible for the new $12,500 break?
The OBBBA law created a new tax deduction for overtime pay. Find out if you're eligible, how much you can deduct, and how to report it on your 2025 return.
Young and the Invested on MSN
No tax on overtime – do you qualify?
"No Tax on Overtime" – Do You Qualify?
The IRS has announced that new tax-reporting rules are forthcoming for overtime compensation under recent federal tax legislation commonly known ...
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 ...
The U.S. Department of Labor’s Wage and Hour Division (DOL) recently issued Opinion Letter FLSA2026-2 confirming that incentive bonuses earned under ...
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