Millions of Americans may pay less tax in 2025 as the IRS explains how workers can claim new deductions on tips and overtime ...

President Trump says his new law eliminates taxes on Social Security, tips, and overtime. Here’s what the legislation really does, who benefits, and who is left out.

The new federal “no tax on overtime” law may not mean what you think it does. To start with, all of your overtime pay is not included. “No tax on overtime” is a highly promoted part of this year's ...

Millions of Americans could soon see bigger paychecks thanks to the new “no tax on overtime” policy. This unusual tax break focuses on extra hours worked, making waves for its potential to boost ...

The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. New IRS guidance can help taxpayers figure the deductions. The IRS has released ...

There's a higher SALT cap of $40,000 on property taxes, a higher child tax credit, new deductions for elderly residents, no ...

Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...

ATLANTIC CITY - A plan by Mayor Lorenzo Langford to cap overtime at no more than $6,000 for an employee without written prior approval could meet resistance from city department heads. Langford signed ...