The Administration’s “Big Beautiful Bill” includes a new overtime tax provision, broadly described as “No Tax on Overtime.” More accurately, the Bill allows an employee tax deduction of a portion of ...

President Trump’s simple campaign promise, now reality, includes lots of fine print that is confounding taxpayers and companies this filing season.

As part of the One, Big, Beautiful Bill Act, taxpayers are entitled to a tax deduction on “qualified overtime” and “qualified tips” received during tax years 2025 through 2028. The following is a ...

Business leaders are expecting federal agencies to make high-stakes employment law changes even when Congress is not. Employers are increasingly concerned about beefed-up federal agency rules that ...

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The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary overtime deduction.