The U.S. Department of Labor’s Wage and Hour Division (DOL) recently issued Opinion Letter FLSA2026-2 confirming that ...
The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay ...
The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...
A new deduction allows workers to subtract part of their overtime wages from their 2025 taxable income, lowering some taxpayers' bills in April. However, workers will need to calculate their deduction ...
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How to calculate gross and net pay
In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ...
There will be no tax on tips and no tax on overtime this tax season. Here's what to know about deductions and who qualifies ...
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