The IRS has announced that new tax-reporting rules are forthcoming for overtime compensation under recent federal tax ...
Under the new law, reporting thresholds for Form 1099-K (for payment card and third-party network transactions), Form 1099-MISC (for payments not covered by other 1099 forms), and Form 1099-NEC (for ...
NewsNation on MSN
‘No Tax on Overtime’: What to know about the deduction
The temporary provision applies to tax years from 2025 through 2028.
Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...
The Monterey County Herald on MSN
Barry Dolowich, tax tips: Taxability of unemployment insurance and worker’s compensation payments
You should receive a 2025 Form 1099-G by Jan. 31, reporting the amount of the unemployment insurance payments you received during 2025.
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