Republican lawmakers have introduced a proposal to exempt some overtime pay from income taxes. However, if your income is too high, all of it will be taxable.
Farm CPA Paul Neiffer spoke with RFD-TV’s Tammi Arender about key details of the proposal and if it will be part of the Big Beautiful Bill.
“Now, we don’t know if income is dependent on a trade issue, and extra payment or disaster... or any number of things that we used to not have as high on the list of potential problems.”
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