Overtime Workers to Receive New Tax Deduction Under OBBB Act

Texas Border Business Texas Border Business The “One, Big, Beautiful Bill Act” (OBBB), signed into law on July 4, 2025, introduces a new deduction aimed at workers who earn overtime pay. According to the legislation, “for years 2025 through 2028, the Act provides for (up to) $12,500 ($25,000 if joint return), above-the-line deduction for qualified … Continue reading Overtime Workers to Receive New Tax Deduction Under OBBB Act