MiBolsilloColombia on MSN

No tax on overtime: How to claim your new deduction in 2026

Learn how to calculate the 'No Tax on Overtime' deduction for 2026. President Trump's new tax break could save workers thousands.
National Law Review

DOL Reminds Employers to Include Non-Discretionary Bonuses When Calculating Regular Rates and Overtime Premiums — But How?

We outlined the flurry of Opinion Letters that the Department of Labor (DOL) recently issued, but an important topic in one ...
Field Technologies Online

Introducing The Ultimate Overtime Calculator By Workstatus

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 ...
JD Supra

Remember to Include Non-Discretionary Income When Calculating Overtime Pay Under the FLSA

Discretionary income is compensation that an employer can choose to provide or not. Some bonuses, gifts, and holiday benefits are examples of discretionary income (but, ONLY when their receipt is ...
JD Supra

DOL Says Emergency Pay Counts Toward OT Calculation: 10 Compliance Steps for Employers

Do your employees receive emergency pay? Are you including it in overtime pay calculations? The Department of Labor (DOL) just issued an opinion finding that extra “emergency pay” firefighters ...