New overtime rules 2025. Minimum wage The federal minimum wage has remained $7.

New overtime rules 2025. Say Nov 17, 2024 · Texas federal court vacates DOL's 2024 overtime rule, reverting salary thresholds for EAP exemptions. Oct 31, 2024 · New DOL Overtime Rule Effective January 1, 2025: What Employers Need to Know October 31, 2024 In April 2024, we shared the U. Department of Labor (DOL) has released its Overtime Final Rule designed to update and revise overtime protections for millions of workers employed by nonprofits, for-profits, and governments. See details for updates to kickoffs, overtime, replays, chain gang usage and more. United States Dep’t of Labor, Judge Sean D. Department of Labor (Department) published a final rule, Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees, to update and revise the regulations issued under section 13(a)(1) of the Fair Labor Standards Act implementing the exemption from minimum wage and overtime pay requirements for executive Nov 21, 2024 · A new salary threshold for overtime eligibility that was set to impact millions of U. Acting Secretary of Labor Julie Su issued the following statement: “For more than 80 years, the 40-hour workweek Nov 18, 2024 · The first, which became effective July 1, 2024, set the salary amount at $844/week (or $43,888 per year) with a second increase set to take effect as of January 1, 2025, to $1,128/week (or $58,656 per year). If you earn overtime pay, the Big Beautiful Bill offers a tax break for tax years 2025-28. On November 15, 2024, a judge from the US District Court for the Eastern District of Texas issued a decision invalidating the entirety of the DOL’s overtime final rule. The rule increases the minimum salary threshold to $43,888 on July 1, 2024, and then to $58,656 on January 1, 2025. Below are some key highlights of what employers need to know to better prepare for the changes. Nov 18, 2024 · The US Department of Labor’s (DOL’s) regulations setting a new salary threshold to be exempt under the Fair Labor Standards Act (FLSA) were scheduled to go into effect on January 1, 2025. The rule also provided for automatic increases to the salary level starting on July 1, 2027, and every three years thereafter. 9% increase over the 2019 threshold. Jordan of the United States District Court for the Eastern District of Texas ruled that the DOL exceeded its Nov 18, 2024 · A rule that was set to dramatically boost the salary threshold for the so-called “white collar” overtime exemptions was just halted by a federal judge Oct 15, 2024 · Keep in mind as your township develops its budget that beginning January 1, 2025, federal regulations will require overtime to be paid to all workers earning less than $58,656 per year or $1,128 per week if these employees work more than 40 hours per week, regardless of job duties. , an approx. Feb 28, 2025 · The Trump administration on Friday moved to revive a Biden-era U. Department of Labor (DOL) released a final rule that will increase the minimum salary required to qualify for exemptions from the FLSA’s overtime requirements for executive, administrative, professional and highly compensated employees. Jun 20, 2025 · Most employers are prepared for new laws at the start of each year – but did you know that a heap of new workplace laws take effect at the halfway point? Here’s your employer cheat sheet to prepare for July 1 effective dates. Learn more about no tax on overtime & if you qualify with H&R Block. On April 23, 2024, the Department of Labor (“DOL”) announced a new overtime regulation through a final rule that will go into effect for all employers on July 1, 2024, less than two months from now. Department of Labor regulation that would have extended mandatory overtime pay to 4 million salaried workers but has been struck The new Overtime Rule is effective on July 1, 2024, with additional changes to be phased in on January 1, 2025. Ensure fair employee compensation and compliance. May 10, 2025 · A proposed tax break could give overtime workers a bigger refund next year—but not a bigger paycheck today. Employees making less than the salary-level Apr 29, 2024 · On April 23, 2024, the U. While the provisions are designed to boost take-home pay for millions of Americans, they also create new compliance burdens for employers-especially in hospitality, retail, and healthcare. 21 hours ago · The One Big Beautiful Bill Act creates deductions for tips and overtime pay, retroactive to Jan. . Employers face compliance and salary adjustment challenges Apr 1, 2025 · NFL owners approved these changes for 2025: Overtime rules, touchbacks and more There are three notable changes for 2025, plus other rules that could be voted on next month. With a Republican administration poised to 4 days ago · IRS 2025 tax rule change is set to shape millions of paychecks, but not until 2026. 1, 2025, survives. 1, 2025, and could have impacted an 21 hours ago · What Is the New Overtime Law in California? Understand California's current overtime rules. 5 times their regular pay) for any hours worked over 40 in a week unless they’re exempt. Unless this rule is overturned, this weekly wage requirement will increase to $1,128 per week. Sep 29, 2024 · Project 2025 plans to turn the 40-hour workweek into a 160-hour work month so employers can avoid paying overtime by cutting an employee's hours later in the month if they worked extra hours near Jun 30, 2025 · The House Budget 2025 bill, currently advancing through Congress, proposes to exempt overtime pay from federal income tax for millions of American workers. The NFL is altering its overtime format again. individual taxpayers and payroll teams. May 23, 2025 · The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime. Jul 29, 2025 · With the passage of the new federal tax bill on July 4, 2025, unofficially referred to as the One Big Beautiful Bill Act (OBBBA), employers and employees in overtime-heavy and tipped industries face new opportunities and responsibilities. Both cases have been appealed. District Court for the Eastern District of Texas vacated the Department of Labor’s (DOL) final rule raising the salary thresholds for being exempt from overtime under the Fair Labor Standards Act (FLSA). 6 CAAs should start planning for the changes now by analyzing which employees will be affected and determining the best options for compliance with the new rule (see Questions 6 and 7 for compliance options). Employers: See how this could impact your tax withholding and reporting. The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for time-and-a Apr 1, 2025 · The NFL just changed its overtime rules again, so that the regular season and playoffs are more in line. But will a tax deduction or an exemption help you most? Nov 19, 2024 · On November 15, 2024, a Texas federal court issued a final decision (the “Decision”), vacating and setting aside the Department of Labor’s Overtime Rule, released in April 2024, which raised Jul 5, 2024 · On July 1, 2024, the first phase of the U. If passed, workers could keep more of their overtime earnings, though Social Security and Medicare taxes would still apply. Learn about updated overtime pay rates, exempt employee changes, and compliance requirements under the Fair Labor Standards Act (FLSA). Dec 3, 2024 · If you’ve already implemented these changes to your overtime policy, you could continue to offer that extra benefit to your employees going forward. The IRS confirmed that for 2025, there will be no changes to tax withholding tables or forms, giving employers and workers a year to prepare. Department of Labor (DOL) rule aimed at expanding the scope of overtime eligibility to workers across the country. Apr 1, 2025 · NFL owners approved these changes for 2025: Overtime rules, touchbacks and more There are three notable changes for 2025, plus other rules that could be voted on next month. This includes the “half” component of “time-and-a-half” payments mandated by the Fair Labor Standards Act (FLSA). Virtual TimeClock for Employee Time Tracking What are the 2025 Overtime Changes? Raised minimum salary required for employee to be classified as exempt from overtime Raising the “standard salary level” from the currently enforced level of $684 per week to $1,128 per week (equivalent to $58,656 per year for a full-year worker); Nov 15, 2024 · On November 15, 2024, the U. Exempt employees, because of their rate of pay and type of work that they do, are Apr 24, 2024 · The U. Both cases Nov 25, 2024 · As a result of a new state minimum wage, employers with 50 or fewer employees must pay a salary of at least $1,332. It May 19, 2025 · Overtime laws in 2025 aren’t just about the federal rules. Effective July 1, 2024, the salary threshold will increase Nov 15, 2024 · On November 15, a federal judge in the Eastern District Court of Texas ruled to strike down the Biden administration’s Fair Labor Standards Act (FLSA) overtime final rule. Department of Labor (DOL) exceeded its authority by raising the threshold too high (in two phases from $35K to $44k and then $59K) and allowing for automatic adjustments every Nov 12, 2024 · A federal benchmark on overtime pay is scheduled to change Jan. Here's what that means for the 2025 season. The core changes center around a redefined salary threshold for exempt employees and improved clarity on compensable Feb 5, 2025 · Learn essential steps to comply with new 2025 overtime regulations. In the meantime, however, many states and local jurisdictions have increased their minimum wages Overtime Guidance Guidance materials about overtime topics, including an Employment Law Guide, Qs & As, guide to overtime laws in the states, and more. #1: The final rule affects exemptions from overtime for administrative, professional Apr 23, 2024 · Millions of additional workers will soon be eligible for overtime pay thanks to the Labor Department’s new salary threshold for certain exempt employees – which raises the rate higher than initially… Apr 1, 2025 · 2025 rule changes Everything you need to know about the new overtime rules Both teams are guaranteed an OT possession in nearly all cases Dec 2, 2024 · Businesses can stop preparing for a second increase in the minimum salary thresholds of the Fair Labor Standards Act’s (FLSA) executive, administrative, and professional (EAP) exemptions and the highly compensated employee (HCE) exemption under the U. This development, tracked in real time by news outlets and social media, could reshape how employees are compensated for extra hours on the job. Apr 23, 2024 · On April 23, 2024, the U. Employees who are covered by the Act must get paid overtime (at least 1. Jul 15, 2025 · No Tax on Overtime Retroactive to the beginning of 2025, no tax on overtime establishes a new above-the-line tax deduction for qualified employees. Learn about the salary thresholds, implications for employers, and best practices for compliance Jan 6, 2025 · Overview of New Overtime Rules 2025 The year 2025 brings significant changes to overtime regulations, impacting a wide range of industries and employees. This new rule was to increase the minimum salary thresholds to $844 per week, effective July 1, 2024 and $1,128 per week, effective January 1, 2025. New Biden administration rules have raised the maximum salary eligible for overtime pay and put in place a mechanism that ensures the salary threshold keeps pace with rising wages and prices. The final rule also provides for future updates of these levels every three years beginning July 1, 2027, to reflect current earnings data. Under these new guidelines, lower-paid salary workers who work more than 40 hours a week will receive overtime protections. This deduction applies to amounts reported on Form W-2, Form 1099, or other specified Oct 24, 2024 · The new overtime rule will raise the salary threshold for employees exempt from overtime pay under the executive, administrative, and professional (EAP) exemption. e. Nov 12, 2024 · A federal benchmark on overtime pay is scheduled to change Jan. The additional increase was slated to go into effect Jan. Department of Labor’s two-part approach to its overtime rule—providing for one raise of the salary-threshold level on July 1 and another on Jan. The league approved two rule changes Tuesday at is annual meeting. Jan 2, 2025 · Managing employees often requires having staff work extra hours, whether beyond an eight-hour workday or a 40-hour workweek. Oct 16, 2024 · FLSA Overtime Changes in 2025: What Employers Should Know Effective January 1, 2025, new Fair Labor Standards Act (FLSA) rules will increase the salary threshold for exempt employees to $55,068 per year and for highly compensated employees to $143,988 per year, expanding overtime pay eligibility for a larger segment of workers. Nov 15, 2024 · On Friday, November 15, the US District Court for the Eastern District of Texas struck down the DOL’s overtime rule that increased the salary basis threshold for the white-collar exemptions on a nationwide basis. The final rule significantly increases the current salary level that delineates which salaried workers are entitled to overtime pay protections under the Fair Labor Standards Act (“FLSA May 13, 2025 · Some lawmakers and President Trump want to offer overtime tax relief. This transition rule allows employers to “approximate a separate accounting of amounts designated as qualified overtime compensation. The One Big Beautiful Bill Act of 2025 has a significant effect on federal taxes, credits and deductions. The tax provisions of the One Big Beautiful Bill Act (OBBB) include both extensions of expiring Tax Cuts and Jobs Act (TCJA) provisions and brand-new tax cuts. District Court rulings that struck down new salary minimums for exempt employees. The Final Rule substantially increases the number of employees eligible Nov 21, 2024 · Starting January 1, 2025, the Department of Labor (DOL) is planning to raise the minimum salary required to qualify for exemption from overtime pay from $43,888 per year to $58,656 per year. Nov 18, 2024 · A federal court decision spared HR professionals from having to comply with a Jan. ” Below are descriptions of new provisions from the One Big Beautiful Bill Act, signed into law on July 4, 2025, as Public Law 119-21, that go into effect for 2025. Oct 29, 2024 · Despite legal challenges to the overtime rule, HR should make plans in case the salary threshold increase scheduled for Jan. The department’s proposed salary level would help ensure that more of these low-paid salaried workers receive overtime protections traditionally provided by the department’s rules. Eligible employees may deduct up to $12,500 in qualified overtime pay as a single filer or $25,000 as a joint filer. Overtime regulations vary by state. employers. Hence, it is essential for employers to Jul 7, 2025 · Explore 2025 updates on the exemption for tax on overtime pay, including federal changes, eligibility and compliance tips. The bigger shifts come in 2026 under Trumps One Big, Beautiful Bill Act, with updates to overtime and tip reporting. S. Aug 11, 2025 · The new federal overtime tax deduction allows up to $25,000 deductions on premium pay. By 2027, the levels will be Mar 15, 2025 · The question on everyone’s mind is: When does the No Tax on Overtime Bill pass in 2025? Let’s dive into the latest No Tax on Overtime updates, unpack what’s at stake, and explore how this could reshape overtime tax law for American worker s. May 23, 2025 · Federal revenue could be reduced by $680 billion to $866 billion from 2025 to 2034 if overtime pay wasn't taxed, according to a study by the Tax Foundation and Yale’s Budget Lab in April. workers eligible for overtime pay. Impact on Small Businesses: Increased payroll costs will compel small businesses to assess staffing strategies, job classifications, and budget allocations to maintain compliance Mar 4, 2025 · A clear guide to all the new overtime rules for 2025. Jul 22, 2025 · The “One Big Beautiful Bill Act” (P. While this could lower what many workers owe the IRS Nov 19, 2024 · The DOL’s overtime rule changed the threshold for qualification for overtime pay from $35,568 to $43,888 in July, and on January 1, 2025, it would then move up another rung to $58,656. The idea of a tax exemption on overtime isn’t new, but it gained serious traction in 2024. What Does Jan 20, 2025 · Text for H. 5 days ago · Even better: the law is retroactive to the beginning of 2025, giving those who work overtime an additional six months of tax-free wages ahead of all the money the bill will save them going forward. The rule is subject to legal challenges but, as detailed below, remains in effect for now (other than for the State of Oct 14, 2024 · Effective January 1, 2025, the exempt salary level jumps again to $1,128 per week ($58,656 per year) – i. Sep 30, 2024 · There is good reason for employers to be optimistic that the new DOL rule may be blocked by federal courts from going into effect, but employers should remain vigilant and start making contingency plans now for how they will meet this new compliance challenge should the second salary increase go into effect on January 1, 2025. workers and businesses will not go into effect on January 1, 2025. The first phase of the rule took effect for most employers in July 2024 and affects executive, administrative and professional (EAP) employees. Navigating the 2024 DOL Overtime Rule. May 2, 2024 · Recently, the US Department of Labor (DOL) released their final rule, updating the Fair Labor Standards Act (FLSA)’s overtime pay requirements. Department of Labor’s Final Rule, which aimed to implement a second increase in overtime pay requirements under the Fair Labor Standards Act (FSLA), was overturned in a Texas federal court on Friday, November 15, 2024. Department of Labor (DOL) unveiled a new final rule that will significantly raise the minimum salary threshold to qualify for certain overtime exemptions under the Fair Labor Standards Act (FLSA), changing which employees will be entitled to overtime pay and affecting employer compensation structures. 4 days ago · The IRS just dropped new details on overtime pay for 2025. 3 days ago · Under the July 4, 2025 law, qualifying workers can deduct a portion of their overtime pay from federal taxable income for Tax Years 2025–2028. These new overtime rules cover many professionals in administrative, executive, and managerial roles who were previously exempt Apr 2, 2025 · New NFL rules and procedures have been approved for the 2025 season. Aug 2, 2025 · 'No tax on overtime' is a new break that begins in 2025, but a surprising twist will have many paying more taxes than they imagined with a deduction. Department of Labor’s (DOL) April 2024 overtime rule, which sought to increase the minimum salary for overtime exemptions for white-collar employees. For the 2025 tax year, they can use a “reasonable method” specified by the Treasury Secretary to estimate amounts. Here is a look at the trend in minimum wage and minimum salary requirements that will continue into 2025. 561) would allow employees to deduct part of their overtime wages from their taxable income. Then a federal judge in Texas said the Biden administration had gone too far. Apr 29, 2025 · Surprisingly, the Trump DOL appealed that ruling in February 2025 amid expectations that the new administration would drop the Biden-era overtime rule altogether. Jul 11, 2025 · New Trump tax breaks for overtime and tip income could mark a major change in federal tax rules and affect millions of workers. This guide has everything employers and employees need to know. Department of Labor (DOL)’s updated overtime rule went into effect, raising the minimum salary threshold for employees who are classified as “exempt” under the white-collar exemptions to the Fair Labor Standards Act (FLSA). Beginning January 1, 2025, that threshold will rise to $1,128 per week. Jan 13, 2025 · A federal district court judge has struck down the Biden administration’s new rule regarding the salary threshold for determining whether certain employees are exempt from federal overtime pay requirements. Here’s why this matters: How the overtime threshold works Overtime pay protections are included in the Fair Labor Standards Act (FLSA) to ensure that most workers who put in more than 40 hours… Dec 30, 2024 · Many new and/or expanded laws and regulations relating to pay requirements have been adopted over the last year. Department of Labor issued a final rule today making changes to the regulations about who is eligible for overtime pay. These revisions aim to clarify existing ambiguities, enhance worker protections, and address evolving employment landscapes. Jul 1, 2024 · On April 26, 2024, the U. Some may even be planning to go ahead with the increased overtime-eligibility threshold of $58,656 to comply with the now-stayed federal rule for 2025. ” As a result of the final rule, the minimum salary required for certain employees to be classified as exempt from overtime under federal law increased on July 1, 2024, and will again on January 1, 2025. 4 days ago · New No Tax on Overtime Deduction Starting in 2025 through 2028, individuals who earn qualified overtime compensation can deduct the portion of their pay that exceeds their standard rate. Apr 30, 2024 · Update: On November 15, 2024, a Texas federal district court struck down the U. Dec 17, 2024 · On November 15, 2024, the United States District Court of the Eastern District of Texas struck down the Department of Labor Wage and Hour Division’s (DOL) final rule, Defining and Delimiting the Exemptions for Executive, Administrative, Professional, The Department estimates that the rule will result in a Year 1 income transfer of approximately $1. For more information about the new rule change and its effects, visit the Department of Labor Overtime Pay Fact Sheet. ” How to report qualified overtime compensation For reporting purposes, qualified overtime received by employees must be accounted for and reported separately on Form W-2. Nov 16, 2024 · For the second time in seven years, a federal court in Texas has struck down a U. Background: What did DOL’s New Overtime Rule Do? On April 23, 2024, the DOL issued its Final Rule to increase the minimum salary requirements for the executive, administrative and Apr 26, 2024 · The rule amends the Fair Labor Standards Act section 13 (a) (1). This deduction is temporary, expiring after 2028. Dec 19, 2024 · Under the new Overtime Rule, the salary requirement to meet the EAP exemption was increased to $43,888 on July 1, 2024, and was set to increase to $58,656 on January 1, 2025. Many states now have stricter standards—with major differences in daily and weekly thresholds. Revisions included increases to the standard salary level and the highly compensated employee total annual compensation threshold, and a mechanism for updating Mar 6, 2025 · The Fair Labor Standards Act (FLSA) sets the rules for overtime pay. Jul 7, 2025 · Other new overtime rules for 2025? Questions about how Trump is dealing with overtime pay come as many in the U. 119-21), signed into law on July 4, 2025, introduces two major tax deductions for workers: one for tips and another for overtime pay. The Fair Labor Standards Act overtime rule determines whether employees are eligible or exempt for overtime pay. Mar 6, 2025 · On February 28, 2025, the US Department of Labor (DOL) appealed a December 2024 Texas federal trial court’s decision that blocked a Biden-era overtime rule promulgated by the DOL. According to a Labor Department FAQ, the current $107,432 annual threshold for highly-compensated workers is set to increase to $132,964 on July 1 and $151,164 by the start of 2025. It was signed into law on July 4, 2025, as Public Law 119-21. Apr 29, 2025 · The Trump administration is seeking to pause appeals over two rulings that blocked the U. Thereafter, the rule would have automatically updated the salary threshold every three years. 1, 2025, adding new compliance and reporting duties for employers Jul 17, 2025 · They are already playing cat-and-mouse with overtime classification rules—now they have a real reason to game it. Understand how new regulations affect businesses and workers, including overtime eligibility, salary thresholds, and time-tracking mandates. Jul 30, 2025 · The NFL approved changes to the overtime rule, expanded replay assist and made a few other technical changes for this season that will first be on display starting with the exhibition opener May 20, 2024 · The U. Apr 1, 2025 · The NFL will bring its postseason overtime rules to the regular season in 2025. The move raises doubts that the administration will continue litigation to revive the overtime rule. workers, the department said. The ruling applies nationwide and means that employers do not currently need to increase employee salaries in January 2025 to maintain their exempt status. Dec 2, 2024 · A federal district court judge has struck down the Biden administration’s new rule regarding the salary threshold for determining whether certain employees are exempt from federal overtime pay requirements. Important Dates Jan. In April 2024, a final rule was issued to update the Fair Labor Standards Act’s (FLSA) overtime exemptions for executive, administrative, and professional (EAP) employees. May 22, 2025 · The rollercoaster ride continues as federal regulators reevaluate the current overtime rule and what it means to meet the salary level test. R. 3 days ago · If your employees earn overtime, there are new rules to know for the upcoming tax year. DOL’s Final Overtime Rules On April 23, 2024, the DOL announced a final rule to amend current requirements employees in white-collar occupations must meet to qualify for an FLSA overtime exemption. “No Tax Apr 24, 2024 · Millions more Americans could become eligible for overtime pay. deal with the varied impacts of inflation, including worry over wages and income 5 days ago · How will employers handle overtime reporting under the new law? Employers must track and report qualified overtime compensation separately on W-2 forms. House of Representatives narrowly approved the "big, beautiful bill. 25 per hour since 2009. With a Republican administration poised to Dec 30, 2024 · A federal judge in Texas on Monday became the second to strike down a Biden administration rule that would extend mandatory overtime pay to 4 million salaried workers. Everything you need to know. Get clear insights into how these regulations impact pay and work. " The bill now goes to the Senate, where it needs a majority vote to pass. Department of Labor’s (DOL) announcement of a new overtime rule under the Fair Labor Standards Act (FLSA), setting higher salary thresholds for white-collar exemptions, which first took effect on July 1, 2024. Nov 15, 2024 · In January 2025, the rule was scheduled to raise the salary threshold to $1,128 per week ($58,656 annually). The final rule, set to start going into effect on July 1, 2024, increases the minimum salary level that white-collar employees must be paid to exempt them from overtime pay of time and half of Apr 24, 2024 · The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay. But because of outdated and out-of-sync rules, these low-paid salaried workers aren’t getting paid time-and-a-half for hours worked over 40 in a week. Avoid penalties and maintain trust with a compliant workforce. As of July 1, 2024, hourly workers making the equivalent of $43,888 a year are eligible for overtime pay, up from $35,568, which will increase to $58,656 on Jan. May 24, 2025 · What is the No Tax on Overtime Bill? The No Tax on Overtime bill seeks to eliminate federal income tax on overtime pay, as defined by the Fair Labor Standards Act (FLSA), for hours worked beyond 40 per week. Mar 27, 2025 · Legal and HR Experts Offer Advice on Coping With the Uncertainty on Federal Overtime Rules Attorneys and human resources executives advise a wait-and-see approach to two U. Apr 23, 2024 · Millions of salaried workers will soon qualify for overtime pay under a final rule released by the US Department of Labor on Tuesday. The ruling applies nationwide and means that employers do not currently need to increase employee salaries on January 1, 2025 to maintain their exempt status Jun 3, 2025 · Under the new overtime rules finalized in 2024 (now vacated), salaried workers earning less than $43,888 annually as of July 1, 2024, and less than $58,656 annually as of January 1, 2025, would have qualified for overtime pay if they worked more than 40 hours a week. Department of Labor’s (DOL) planned 2025 overtime rules. Federal law mandates compensating all non-exempt employees according to overtime rules. Nov 15, 2024 · A federal judge in Texas on Friday permanently blocked a Biden administration rule that would have made about 4 million more salaried U. The final rule likewise increases the salary thresholds for the FLSA’s highly compensated employee exemption from $107,432 annually to $132,964 beginning on July 1, 2024, and Changes made to Washington's overtime rules Employment Standards message: 2025 salary thresholds for overtime exempt workers Washington's overtime employment rules have changed. 4 days ago · Finally, the new deduction is available for the following tax years: 2025, 2026, 2027 and 2028. On November 15, 2024, in State of Texas v. 1. This is the DOL’s second appeal following an appeal in November by the then Biden-led DOL of another Texas district court’s ruling that similarly vacated and set aside the overtime rule nationwide. Department of Labor's rule that raised the minimum salary required for executive, administrative, and professional (EAP) employees to be exempt from overtime under the FLSA. That increase relied on a new, dramatically higher methodology and would have marked a 64. See related: Department of Labor proposes new overtime rule The first increase, Nov 19, 2024 · The new rule would have raised the salary cap to $43,888 as of July 2024, with a further increase to $58,656 by January 2025. Nov 19, 2024 · Specifically, the new federal overtime rule increased the minimum white-collar exemptions salary to $844 per week (equivalent to $43,888 per year) and was set to increase again on January 1, 2025, to $1,128 per week (equivalent to $58,656 per year) followed by automatic increases every three years. The final rule, part of which Nov 15, 2024 · A rule that was set to dramatically boost the salary threshold for the so-called “white collar” overtime exemptions was just halted by a federal judge less than two months before the full effective date. Future years will require compliance with updated IRS reporting rules. Dec 16, 2024 · The overtime rule would have made more than 4 million workers newly eligible to earn overtime on Jan. Jul 1, 2024 · WASHINGTON – The Biden-Harris administration today announced a final rule that expands overtime protections for millions of the nation’s lower-paid salaried workers by increasing the salary thresholds required to exempt a salaried bona fide executive, administrative or professional employee from federal overtime pay requirements. Apr 1, 2025 · NFL owners approve big rule changes for 2025: Kickoff and overtime to be modified, 'Tush Push' ban tabled There are a lot of rule changes coming out of the NFL's annual league meeting Apr 24, 2024 · The new rule also expands overtime eligibility for some highly-compensated workers. Apr 30, 2024 · Changes to overtime rules under the Fair Labor Standards Act (FLSA) announced on April 23, 2023 affect most U. Jul 14, 2025 · FS-2025-03, July 14, 2025 Note: This Fact Sheet has been updated July 25 by adding to the section on “No Tax on Car Loan Interest” new language describing the requirement for “Final assembly in the United States. Here are five key facts about the new rule. Currently, salaried workers earning less than $684 per week are entitled to overtime pay. Beginning with the 2025 tax year and continuing through 2028, the new One Big Beautiful Bill Act introduces a new federal income tax deduction specifically for qualifying overtime pay. 1, 2025 New salary levels for EAP exemptions become effective in Alaska, California, Colorado, Maine, New York and Washington. Jul 5, 2025 · The new tax law creates a deduction for qualified tip income, eliminating federal income taxes on up to $25,000 in tips for workers for tax years 2025 through 2028. Department of Labor’s 2024 Overtime Rule. The U. Here’s what you need to know in 2025. Apr 23, 2024 · DOL will raise overtime salary threshold to $44K in July, $59K next year The final rule expands overtime pay eligibility to millions of U. 80 per week in 2025 for the overtime exemption. 561 - 119th Congress (2025-2026): Overtime Pay Tax Relief Act of 2025 Jul 22, 2025 · Key Takeaways Proposed Salary Threshold Changes: The DOL plans to raise the salary threshold for overtime eligibility to $58,656 per year by January 1, 2025, affecting many employees’ ability to earn overtime pay. May 7, 2025 · DOL reconsiders 2024 FLSA salary rule—what this means for employers, exempt status, and future compliance. 1, 2025, increase in the salary threshold for white-collar exemptions from overtime. Apr 25, 2024 · Key Takeaways: The final rule increases the salary thresholds for the FLSA’s white-collar overtime exemptions from $35,568 annually to $43,888 beginning on July 1, 2024, and to $58,656 beginning on January 1, 2025. Tax Year 2025 and Beyond The new law includes a transition rule, applicable to tax year 2025. Apr 23, 2024 · The U. Overtime is being overhauled in the regular season and replay assist will Feb 4, 2025 · In November, the April 2024 Department of Labor’s (DOL) final rule raising the salary thresholds for being exempt from overtime under the Fair Labor Standards Act was vacated by the U. WASHINGTON – Today, the Department of Labor’s final rule “Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees,” which will extend overtime protections for millions of salaried workers, becomes effective. It ensures fair pay for the additional time they dedicate to supporting your business. increase of an additional 33%. Lower base wages, more overtime hours, and absolutely no additional cost to the Jun 16, 2025 · President Trump signed H. Apr 7, 2025 · The NFL is making big rule changes in 2025, including a new overtime format, expanded replay reviews, and updated kickoff rules. L. This decision invalidates the July 1, 2024, and upcoming January 1, 2025, changes nationwide, reverting the salary threshold for EAP Aug 7, 2025 · Here's what you need to know about the NFL rule changes arriving for the 2025/2026 season, including kickoffs, overtime, and instant replay. 1, the One Big Beautiful Bill Act, into law on July 4, 2025. This guide explains eligibility, income limits, annual caps, and employer reporting—plus step-by-step checklists for U. While the idea awaits Congressional approval and remains speculative as of February 26, 2025, its potential impact merits attention May 28, 2025 · The U. 5 billion from employers to workers, predominantly from new overtime premiums, or pay raises to maintain the exempt status of some affected employees. Jul 6, 2025 · The Fair Labor Standards Act (FLSA) is once again at the center of national attention following a dramatic federal court decision that has upended the U. , to update and revise the regulations issued under section 13 (a) (1) of the Fair Labor Standards Act implementing the exemption from minimum wage and overtime pay requirements for executive, administrative, and professional employees. This provision allows eligible employees to deduct up to $12,500 from their federal taxable income, or $25,000 for those Jun 3, 2025 · Executive summary: “No tax on tips” and “No tax on overtime” proposals may impact payroll systems, reporting, and tax deductions from 2025–2028. Minimum wage The federal minimum wage has remained $7. Feb 26, 2025 · Since yesterday, overtime pay taxes have dominated headlines, driven by a proposal from the current administration to exempt overtime earnings from federal income tax. 1, but implementation could be impacted by plans of the incoming Trump administration. District Court for the Eastern District of Texas. The Overtime Pay Tax Relief Act of 2025 (H. The Department of Labor & Industries (L&I) has updated the employment rules that determine which workers in Washington are required by law to be paid at least minimum wage, earn overtime pay, and receive paid sick Mar 6, 2025 · Background. 1, 2025. 1, 2025—gives employers options for Aug 11, 2025 · Qualified overtime compensation under the new bill only includes the pay that exceeds the regular rate of pay, such as the “half” portion of “time-and-a-half. 3 days ago · The rule is set to increase the current salary threshold for overtime pay exemption by 65% at the start of 2025. May 30, 2025 · Discover the new overtime rules 2025, impacting employee compensation and employer obligations. Gillian Florentine, a director Apr 23, 2024 · The Department of Labor has increased the Fair Labor Standards Act's (FLSA's) annual salary-level threshold from $35,568 to $58,656 as of Jan. blcvz qetfl jnixg eqqaqv mrmepcprx edtac pjdjlziu dnis tld gpvejb

26th Apr 2024