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Shedding light on the ‘No Tax on Overtime’ Sec. of the OBBBA

Shedding light on the ‘No Tax on Overtime’ Sec. of the OBBBA

The One Big Beautiful Bill Act (OBBBA) introduced a major change for millions of American workers: overtime pay will no longer be taxed at the federal level. Beginning in 2025, eligible employees can deduct qualified overtime wages directly from their taxable income,...