The measure to cut taxes on overtime is part of Trump's broader tax cut initiative, his "big, beautiful bill" that includes eliminating some Social Security benefits and cutting taxes on tips, one of ...
A potential Fair Labor Standards Act revision would increase the threshold for salaried employees _ those not eligible for overtime pay _ from $23,660 a year to $50,440, a 113 percent increase.
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No Tax on Overtime Is a Potential Budget Proposal, but Has It Passed Congress?No tax on overtime is one of several proposals that Republicans have floated for this year's budget, but did the policy ...
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