No. It creates a deduction up to $25,000 but other taxes like Social Security and state taxes still apply. It also sunsets in 2028.

The owner of Golden Grain and Pizza Bella locations has agreed to pay approximately $1 million to settle a federal case over ...

So, Trump’s “no tax on overtime” law could mean bigger federal tax refunds for many middle-income workers across the ...

The ending of the MLB All-Star Game exposed why college football must finally change the format of its overtime, which has ...

The law covers people who work overtime under the Fair Labor Standards Act, which requires time-and-a-half pay for hours worked over 40 in a week. Many workers — including supervisory and professional ...

With the Trump administration’s Big Beautiful Bill came no federal tax on tips or overtime. We break down what that means, ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

Millions of Americans can now keep more of their overtime earnings courtesy of language included in President Donald Trump’s ...

MPD says 66 of its employees collected more than $100,000 in overtime in 2024. Internal Affairs is investigating several ...

The "Big Beautiful Bill" did not actually eliminate taxes on tips, overtime, or Social Security, but many people will be able ...

Employers who rip off young workers are more likely to be fined or face jail under new laws introduced in January. But a new ...