By Jeanne Sahadi, CNN(CNN) — The IRS is operating with roughly 27% fewer employees this tax filing season than it did last year. Here are some top takeaways:Confusion over new tax breaksNo tax on overtime. But, in fact, the deduction for every $100 of eligible overtime would only reduce his tax bill by $100 multiplied by his top tax rate. If he’s in the 12% bracket, he’d cut his tax bill by just $12. The change was more in line with what the relevant statute says, Youngblood noted, but it means the self-employed will get less of a tips tax break than originally thought.
Source: CNN March 10, 2026 12:29 UTC