If an hourly employee works beyond 40 hours in a week, they are entitled to overtime pay. However, if that employee performs different roles at different pay rates, you may have to use a "blended rate ...

New federal tax law allows deductions on tips and overtime starting with 2025 taxes Workers earning under $150K can deduct up to $25K in tips, $12.5K in overtime Qualifying jobs may include servers, ...

They say that the only two certainties in life are death and taxes. The recently passed “Big Beautiful Bill,” however, claims to eliminate one of those — at least for overtime hours. The budget bill, ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year. But which workers will qualify for the new deductions ...

(NEXSTAR) — After an overnight marathon, the Senate on Tuesday passed a major package to advance priorities central to President Donald Trump’s agenda with the help of a tie-breaking vote from Vice ...

STATEN ISLAND, N.Y. -- A new bill introduced by Staten Island’s congressional representative would expand the new overtime ...

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 Trump’s ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year. But which workers will qualify for the new deductions ...