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There are plenty of provisions in the massive tax bill known as the One Big Beautiful Bill Act that lawmakers are hotly ...
The President and congressional leaders are promising big savings for tipped workers and hourly employees who clock over 40 ...
State Rep. Morgan Cephas is the primary sponsor of a bill that would create a tax deduction for overtime pay in Pennsylvania.
Alabama passed its overtime exemption in 2023, with a sunset of July 1, 2025 unless renewed. While the legislature passed the exemption with a $25 million cap, Gov. Kay Ivey struck this provision, ...
The current version of the Senate bill would scale back the tax break outlined in the House’s version of the bill, which passed last month.
The no tax on tips proposal is part of an embattled spending bill that could take away health insurance coverage from ...
18. Refusing to Work Without Proper Pay (e.g., minimum wage, overtime): Employers are legally obligated to pay at least minimum wage and appropriate overtime rates. If your employer is attempting to ...
A Rio Arriba County employee who recently received tens of thousands of dollars in overtime pay, appears to be sleeping while ...
People who are considered ‘highly compensated employees’ wouldn’t be eligible for deductions on tips and overtime pay in the GOP’s tax bill. Last Updated: May 23, 2025 at 12:22 p.m. ET ...
Employees who are “highly compensated,” i.e., paid total annual compensation of $107,432 or more, only need to regularly perform one of the “duties” above in order to be exempt. The July ...
The Congressional Budget Office warned that exempting overtime pay from income taxes could lead to $124 billion in lost tax revenue.. It’s too soon to say whether the overtime tax cuts will remain in ...