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LatinX BusinessAuthor: Randy Gomez
LatinX Business podcast with your host Randy Gomez, MBA, EA, uncovers stories and answers to the business unknowns with entrepreneurs and business owners in the LatinX community. Episodes bring you into the conversation like you are sitting in the room with them. You'll learn, connect, and share in our guests' experiences while gaining insightful advice that you can apply to your business now and into the future. Come, take a seat with us and let's talk business. For comments or questions contact me via email at randy@rgtaxes.com https://anchor.fm/latinxbusiness Language: en Genres: Business, Entrepreneurship Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
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33. Tax Tip: Overtime Pay Tax Break: What You Need to Know
Episode 33
Tuesday, 25 November, 2025
In this episode of the Latinx Business Podcast, host Randy Gomez delves into the new tax provision from the OBBBA Act, which exempts federal income tax on overtime pay starting in 2025. Randy explains how this temporary provision, lasting until 2028, allows individuals to claim significant deductions on their tax returns, potentially reducing their taxable income. He highlights the importance of understanding the nuances of this act, such as the continued obligation to pay Medicare and Social Security taxes. Randy also offers insights into how this change can benefit those who rely heavily on overtime for their annual income#OvertimeTax #OBBBAAct #FederalIncomeTax #TaxDeductions #TaxConsultation #Medicare #SocialSecurity #TaxReturn #TaxCredits #TaxPlanningRandy's Social MediaInstagram: @randygmz.mbaFacebook: Randy Gomez Mba EALinkedIn: Randy Gòmez, MBA, EA
