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The law also has limits. It doesn’t cover all of Amaya’s tips. As a single taxpayer, the deduction limit is $25,000, or ...
It’s not the tax relief many workers believe it to be.
“We are thinking about no tax on capital gains on houses,” Trump said during an Oval Office meeting with the president of the ...
The lawsuit challenges a recently passed Colorado law that will continue taxing overtime pay at the state level.
So, Trump’s “no tax on overtime” law could mean bigger federal tax refunds for many middle-income workers across the Mid-Atlantic, especially in industries like healthcare, manufacturing, and ...
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. 7 On Your Side has everything you need to know.
There are a lot of big tax changes in President Donald Trump's sweeping spending bill, and 7 On Your Side is looking into how ...
The “big, beautiful bill” offers many new tax breaks, but some are temporary, and they have varying start dates. Check out ...
More states may weigh in on the “no tax on overtime” debate. State legislatures will meet throughout the year, and overtime income could be on the slate of bills proposed. More than just your federal ...
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.
President Donald Trump's "big beautiful bill" is now law. Here's when no tax on overtime and tips start in Washington state.
Under the new tax cut, workers can deduct up to $25,000 in tips and $12,500 in overtime pay from their taxable income on ...