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

The IRS is rolling out new deductions for tip and overtime income. Here's how they work and who qualifies.

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 ...

The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay ...

There will be no tax on tips and no tax on overtime this tax season. Here's what to know about deductions and who qualifies ...

President Trump signed H.R. 1 (commonly known as, the One Big Beautiful Bill) into law on July 4, 2025, which includes a no tax on overtime provision effective January 1, 2025 through December 31, ...

Those with an annual income above $300,000 or $150,000 if filing single will receive less than the full benefit of the ...

Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...

The "no tax on overtime" deduction is in effect, and here's who will qualify for the perk, The 2026 tax season opens today, ...

The IRS is set to begin accepting and processing 2025 tax returns on Jan. 26. What to do to avoid delays and mistakes as new ...