"Individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay – such as the 'half' portion of 'time-and-a-half' compensation," the IRS said. The ...

CLEVELAND, Ohio — Amid mounting financial strains, part of Cuyahoga County Executive Chris Ronayne’s plan for a balanced budget over the next two years relies on the sheriff’s office finally getting a ...

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary overtime deduction.