Earlier this month, President Trump signed the “One Big Beautiful Bill” (OBBB) into law, which contains two key provisions that are likely to be very popular with employees.

Under the law, the only overtime compensation that qualifies for the new deduction is the extra wages—the “half” of “time and ...

Employees who earn tips and overtime in 2025 may be eligible for a tax break when they file their federal taxes next year under the recent federal spending budget passed. The federal spending bill ...

A recent federal law OBBBA could offer major tax relief to some service workers, if they meet specific income and reporting ...

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

The quickest way to tell whether you will or will not get three (or five, if you’re paid weekly) paychecks in August is to look at the last time you received a paycheck.

Several impactful tax changes are already in force for 2025 under the One Big Beautiful Bill. Here's what taxpayers need to ...