No Tax on Overtime explained (‘One Big Beautiful Bill’ tax changes)

The overtime deduction is temporary – it only applies for the 2025 to 2028 tax years.
Journal of Accountancy

IRS releases FAQs on qualified overtime pay deduction under H.R. 1

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

IRS Offers More Info On How The New Overtime Deduction Works

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

Overtime pay is now tax-deductible: Are you eligible for the new $12,500 break?

The OBBBA law created a new tax deduction for overtime pay. Find out if you're eligible, how much you can deduct, and how to report it on your 2025 return.
Accounting Today

IRS offers guidance on overtime deduction ahead of tax season

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

California Employer Guide to Federal “No Tax on Overtime” Law: Key Takeaways That May Surprise and Challenge Your Workplace

California employers might be surprised by some important nuances in the “No Tax on Overtime” rules that rolled out nationwide last year and ...