No tax on overtime' is a new break that begins in 2025, but a surprising twist will have many paying more taxes than they ...

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

Overtime pay isn't currently separated out on an employee's W-2 tax form, for example, but employers generally keep track of it and itemize it on employees' pay stubs, said Miguel Burgos, a ...

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

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on new tax deductions ...

Tax deductions introduced in the "One Big, Beautiful Bill" could benefit older and working Americans the next time they file ...

but it’s slanted toward middle- and higher-income earners — workers who owe enough federal income tax for the deductions to make a real difference. For example, a police officer earning a $75,000 base ...

Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t benefit low earners much.

With tax season just around the corner, knowing how to navigate work from home tax deductions can help you save time — and money — on your returns.