President Donald Trump's "big beautiful bill" added the "no tax on overtime" deduction for 2025 returns. Here's how to claim the tax break.

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

"Individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay – such as the 'half' portion of 'time-and-a-half' compensation," the IRS said. The ...

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 ...