A tax and spending package introduced new tax breaks on overtime pay and tips for eligible workers. The new rules, which apply to tax years 2025 through 2028, have income and employment-type ...
The IRS has released its guidance for the "no tax on tips" and "no tax on overtime" provisions of the One Big Beautiful Bill Act (OBBBA), for workers who can claim the deductions for the 2025 tax year ...
Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...
Millions of Americans who receive tips or overtime pay have been issued new guidance from the Internal Revenue Service (IRS) clarifying what tax deductions are available to them. On Friday, the IRS ...
The Internal Revenue Service issued guidance Friday for workers eligible to claim the deduction for tips and overtime income for tax year 2025. Notice 2025-69 provides clarification on how to ...
The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...
NFL overtime rules changed in 2025 to guarantee both teams a possession in the regular season, just as they are in overtime for the playoffs and Super Bowl. Here’s a look at the NFL’s overtime rules ...
An IRS notice said employers and other payers will not face penalties for tax year 2025 if they do not provide a separate accounting of amounts reasonably designated as cash tips or the total amount ...
An employee working for two ostensibly separate but “operationally integrated” businesses is considered jointly employed, and the employee’s hours worked for the businesses must be combined for the ...
In 2025, the NFL adopted regular-season overtime rules that guarantee both teams a possession. The new rule has been used twice this season, most recently at AT&T Stadium for the Packers-Cowboys game ...
Micah Parsons' much-anticipated return to Dallas to face his former Cowboys teammates ended with a 40-40 tie and the rare walk-off game-tying field goal. The Cowboys' Brandon Aubrey and Green Bay's ...
The Green Bay Packers and Dallas Cowboys played 70 minutes of NFL football on Sunday night, resulting in a 40-40 tie. But in the aftermath of Micah Parsons' return to Dallas (after being abruptly ...
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