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.

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Paul Neiffer outlines the requirements and when the change takes effect