Certain Coverage or Benefits Allowed with Health Savings Account Contributions. Telemedicine can continue to be offered to employees participating ...

Companies are preparing to address President Trump’s recently enacted One Big, Beautiful Bill, which includes two prominent ...

The One Big Beautiful Bill Act is sparking questions among employees and payroll departments about how to handle tax breaks ...

Taxpayers and tax professionals alike expected the IRS to issue new withholding tables and Forms W-2 to reflect changes under ...

In a sweeping move set to reshape employee paychecks, the newly enacted One Big Beautiful Bill Act (OBBBA) introduces two significant federal ...

Trump’s popular policy will cut taxes on overtime pay for millions of workers, but the deduction excludes airline and ...

On April 23, 2024, the Department of Labor (DOL) released a final rule revising the Fair Labor Standards Act’s (FLSA’s) regulations regarding the salary threshold to be exempt from getting paid ...

Got questions about the new deductions for seniors, tips, overtime and car loans? Here’s what you’ve been asking—and my answers—about those, as well as other updated tax provisions.

The current law in Alabama exempts Alabama state tax withholdings on amounts paid to non-exempt (biweekly paid) employees as overtime compensation. This law will expire June 30, 2025. As of July 1, ...

One of Trump's campaign promises was eliminating taxes on tips and overtime. If the bill passes the Senate, employees who work extra hours will have overtime pay exempt from federal income taxes.

Lawmakers on the Iowa House Ways and Means Committee unanimously advanced legislation Wednesday that would exempt tips and overtime pay from state income taxes.