News & Insights
Tax Q&A with Rep. Nathaniel Moran (R-TX)
NAM: Rep. Moran, H.R. 1 created a new deduction for qualified overtime compensation, available through 2028. Manufacturing is one of the sectors where overtime is most prevalent—production demands, shift scheduling and seasonal surges mean manufacturing workers regularly put in hours well beyond 40 per week. What does this deduction mean specifically for manufacturing workers, and …
