President Donald Trump's "big beautiful bill" added the "no tax on overtime" deduction for 2025 returns. Here's how to claim the tax break.

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

The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. IRS guidance can help figure the deductions.

Some overtime pay is exempted from federal taxes, but Colorado taxes will be different starting in the 2026 tax year. Here's ...