Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...

The deduction applies to the entirety of tax year 2025, which Americans will file returns for in early 2026. Single-filers ...

The 'One Big Beautiful Bill' (OBBB), signed into law by President Trump on July 4, 2025, introduces a $12,500 tax-free limit on overtime pay. This legislation, retroactive to January 1, 2025, doesn't ...

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

"I do not draw broader conclusions about whether all non-hourly pay should receive the heightened multiplier, how to combine different pay types in the regular rate or presume to address any other ...

The state Department of Corrections is extending its increased overtime rates through next month. DOCCS needs the staffing, so they said employees working overtime will continue to earn two and a half ...

Employers may pay employees more than one rate of pay. In fact, the practice is quite common. Employees might receive higher pay when performing hazardous work or be paid a shift differential for ...