On January 23, 2026, the Department of Treasury and the Internal Revenue Service (IRS) issued Fact Sheet 2026-01, providing answers to ...
The Department of Labor Wage and Hour Division issued four opinion letters interpreting the Fair Labor Standards Act (FLSA) on Jan. 5, 2026.
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?
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