The IRS has announced that new tax-reporting rules are forthcoming for overtime compensation under recent federal tax ...

Perhaps the most frequently violated provision of the Fair Labor Standards Act involves employers’ failure to include bonuses or other incentive ...

The temporary provision applies to tax years from 2025 through 2028.

A new deduction allows workers to subtract part of their overtime wages from their 2025 taxable income, lowering some taxpayers' bills in April. However, workers will need to calculate their deduction ...

The "big, beautiful bill" approved by the U.S. House of Representatives in a late-night vote in February included a tease for U.S. workers: seeking $4.5 trillion in tax breaks. While the resolution ...