The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

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.

You might be leaving money on the table every single paycheck. Most people set their tax withholding once when they start a job and never touch it again. Meanwhile, the IRS offers tools and new ...

The IRS adjusts tax brackets and standard deductions each year for inflation. This could account for some workers seeing slightly higher paychecks at the beginning of the year. Temporary deductions ...

An IRS fact sheet explains when overtime compensation qualifies for the H.R. 1 deduction and how Fair Labor Standards Act ...

CreditNinja reports that in 2025, 29%-33% of taxes are withheld from paychecks, varying by location and income.