If you received tips or overtime in 2025, this new deduction could reduce your federal tax burden significantly.

President Trump's promise of "no tax on tips" and "no tax on overtime" is finally moving from campaign slogan to practical reality, as the Internal Revenue Service begins spelling out how workers and ...

The Trump-era promise to shield service workers' tips and overtime from federal tax has finally arrived in the form of ...

The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...

The Administration’s “Big Beautiful Bill” includes a new overtime tax provision, broadly described as “No Tax on Overtime.” More accurately, the Bill allows an employee tax deduction of a portion of ...

The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...

Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...

Mine workers sue Sibanye Stillwater over alleged labor law violations; National park entrance fees to increase by hundreds of ...

On July 4, 2025, 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. Those provisions provide ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

A Texas federal judge got it wrong and overlooked controlling precedents when he determined employers should evaluate job duties alone to decide if an employee is exempt from the nation's overtime ...