Lawmakers introduced proposal to exempt some overtime pay from income taxes

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.

Related Stories
Farm CPA Paul Neiffer outlines the key difference between previous ECAP payments and the Farm Bridge Assistance Program.
Jeff Johnston with CoBank’s Knowledge Exchange explains the growing role of Rural America in supporting the nation’s digital infrastructure.
“I’m not sure where this bridge goes,” trader Brady Huck with Advanced Trading told RFD-TV News earlier this week.
CoBank’s 2026 Year Ahead Report cites global grain oversupply, easing inflation, rate cuts, and major data center growth that could reshape rural America.
Strong Farm Credit finances help cushion producers, but prolonged low crop margins could strain renewals in 2026.