How do no tax on tips, overtime deductions work this tax season?

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 ...
NewsNation on MSN

'No tax on overtime': What to know about the deduction

The “No Tax on Overtime” is a tax deduction that allows certain workers to deduct up to $12,500 in qualified overtime ...
WYMT

Tax season approaches with new deductions and overtime exemptions

Byron Jacobs, a certified public accountant, said taxpayers should gather essential documents before meeting with preparers.
MSNBC

Has the overtime tax exemption passed? Here's where things stand

The Big Beautiful Bill that passed the House included it, but it still needs Senate support. During the 2024 campaign, Donald Trump promised "no tax on overtime" — an exemption for federal income ...
HR Dive

Feds caution employers about bonuses, pay structures in overtime compliance

The U.S. Department of Labor also addressed exemptions for learned professionals and commission-earning employees under the ...