Individual Federal Income Tax & Overtime Compensation Topic of White Paper From CRS
May 22, 2025
May 22, 2025
WASHINGTON, May 22 (TNSLrpt) -- The Congressional Research Service issued the following In Focus white paper (No. IF13005) on May 21, 2025, by public finance analyst Brendan McDermott and labor policy analyst Sarah A. Donovan:
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Individual Federal Income Tax and Overtime Compensation
Introduction
The individual federal income tax applies to "all income from whatever source derived" unless exempted by law. Some lawmakers have intro . . .
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Individual Federal Income Tax and Overtime Compensation
Introduction
The individual federal income tax applies to "all income from whatever source derived" unless exempted by law. Some lawmakers have intro . . .