Millions of Americans could soon see bigger paychecks thanks to the new “no tax on overtime” policy. This unusual tax break focuses on extra hours worked, making waves for its potential to boost take-home pay after years of wage stagnation.
But the changes aren’t just exciting for employees. Employers are already adapting their overtime and payroll strategies now that the law is in effect.
Here’s what the law actually does, how much you could save, and what fine print to watch for.
