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

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

The IRS has announced that new tax-reporting rules are forthcoming for overtime compensation under recent federal tax ...

On Monday, January 5, 2026, the Wage and Hour Division of the Department of Labor (DOL) issued six opinion letters addressing ...

In an era where accurate overtime calculation is crucial for fair compensation and legal compliance, Workstatus introduces its state-of-the-art Overtime Calculator, revolutionizing how businesses ...

The U.S. Department of Labor last month increased the salary thresholds for the Fair Labor Standards Act white-collar exemptions from overtime pay requirements. On July 1, the minimum annual salary ...