The overtime deduction is temporary – it only applies for the 2025 to 2028 tax years.

An IRS fact sheet explains when overtime compensation qualifies for the H.R. 1 deduction and how Fair Labor Standards Act ...

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

(CNN) — Many Americans who work overtime will get a break on their taxes for the next few years — but it may not be as hefty as they think. Congressional Republicans sought to fulfill President Donald ...

The U.S. Department of Labor’s Wage and Hour Division (DOL) recently issued Opinion Letter FLSA2026-2 confirming that incentive bonuses earned under ...

In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ...