An IRS fact sheet explains when overtime compensation qualifies for the H.R. 1 deduction and how Fair Labor Standards Act ...

On January 23, 2026, the Department of Treasury and the Internal Revenue Service (IRS) issued Fact Sheet 2026-01, providing answers to ...

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

Being salaried refers to a specific type of compensation, and it's a common misconception that salaried employees do not get overtime pay. While being salaried is defined as being paid a fixed or set ...

Overtime pay is the additional pay an employee receives for working beyond their regular hours in a work week, usually beyond 40 hours. This additional pay is typically calculated as one and a half ...

If you have hourly employees that earn bonuses, commissions, or other performance payments, this article is for you. Properly compensating such employees is often not as simple as paying “time and a ...