Donald Trump’s proposal to eliminate overtime tax has ignited chatter.

The 2025 Trump tax law introduced several new above-the-line deductions. Learn if you can deduct interest on your car loan, tip income, or overtime pay on your 2025 return.

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

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

You might be leaving money on the table every single paycheck. Most people set their tax withholding once when they start a job and never touch it again. Meanwhile, the IRS offers tools and new ...

There are a number of deductions that will occur from most employee’s compensation. Among these are applicable federal and state income taxes. Social Security deductions are also taken from each ...

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Deductions from an employee’s or student’s wages will be in accordance with applicable law and with the individual’s consent, unless the deduction is as a result of a court or government order.