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27 results for "University Tax Issues"

27 results for "University Tax Issues"

No Tax on Overtime Provision in the One Big Beautiful Bill Act

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The No Tax on Overtime provision in the One Big Beautiful Bill Act (OBBBA) creates a temporary federal income tax deduction for qualified overtime earned in tax years 2025 through 2028. For this deduction, only the premium portion of overtime (i.e., the...