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Trump tax reform 2025

Law

Trump’s “No Tax on Overtime” Law Now in Effect

August 20, 2025

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Trump’s “No Tax on Overtime” law exempts part of overtime pay from federal income tax through 2028. Find out who qualifies, how it works, and why experts are divided.

The “No Tax on Overtime” law, part of Trump’s “Big Beautiful Tax Bill”, took effect in July 2025. It aims…