An IRS fact sheet explains when overtime compensation qualifies for the H.R. 1 deduction and how Fair Labor Standards Act rules apply, including for federal employees.
The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...
The U.S. Department of Labor’s Wage and Hour Division (DOL) recently issued Opinion Letter FLSA2026-4, shedding light on key aspects of the Fair ...
The One, Big, Beautiful Bill Act of 2025 (OBBBA) was signed into law on July 4, 2025. While its reach is broad, this article covers new employer ...
The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay ...
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.
A New York federal district court granted summary judgment to the MTA on FLSA overtime claims, ruling that rail workers are exempt from FLSA protections because their employers qualify as “rail ...