Over 1,000 likely ineligible employees received the extra pay from 2020 to 2024, according to the report by Inspector General ...

An IRS fact sheet explains when overtime compensation qualifies for the H.R. 1 deduction and how Fair Labor Standards Act ...

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay ...

Workers keep hearing about "no taxes on overtime in 2026," but the reality is more complicated: President Trump has promoted the idea, yet available reporting shows only proposals and commentary, not ...

The City of Chicago has paid $26.5 million dollars in overtime to employees who may not have been eligible, according to the ...

The City of Chicago’s Inspector General Office (OIG) claims $26.5 million in overtime was paid to employees potentially ...

“No Tax on Overtime” is a provision included in the tax reform bill known as the One Big Beautiful Bill Act, which passed in ...

The more the weeks go by, the more we wonder whether Nazem Kadri will end up being traded. A lot has been written about the ...

As tax season ushers in changes for 2026, taxpayers will encounter new deductions such as those for overtime pay, but high earners face stricter rules, says expert. They ransacked the US Capitol and ...

A business coach mostly serving legal professionals must go to trial on a claim for overtime wages, after a federal judge denied the parties’ competing motions for summary judgment. There were open ...

As of right now, 14 NBA teams are slated to pay the luxury tax for the 2025-26 season. While the tax in some form has existed since 2002, the modern, punitive tax model has been in place since 2011.