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Trump’s ‘no tax on overtime’ is now US law — but some Americans don’t even qualify. Here’s the catch
Additionally, “no tax on overtime” is a federal income-tax change only. State and local income taxes still apply (unless your state separately conforms), and Social Security and Medicare taxes are still withheld on all wages, including overtime.
Finta, a San Francisco-based tax-and-accounting software startup with fewer than a dozen employees, plans to fill five ...
Rachel Maddow breaks down Billy Long's ouster from the IRS, which came after a reported clash between Trump and the agency ...
Colorado faces a roughly $783 million budget shortfall because of federal tax changes that cut into the state’s revenues.
The CREATE Act would renew and strengthen Section 181, a Bush era tax incentive that applies to the first $15 million in ...
They estimate that the tariffs Trump has imposed and scheduled as of April 2025 would generate nearly $167 billion in new ...
It was not immediately clear why Long was dismissed. His quick exit makes him the shortest-tenured IRS commissioner confirmed ...
But the first effects are likely to be lower tax collections and a harder time getting answers to tax-related questions, according to a former commissioner and a policy analyst. “You can ...
The United States has vehemently rejected the International Maritime Organization’s “Net-Zero Framework” proposal, ...
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