Jun 2, 2026 · 5 min read
No Tax on Overtime & Free $1,000 for Kids: Inside the Brand New IRS Regulations
The IRS has introduced significant updates for 2026, including the launch of 530A Trump Accounts for children, new tax deductions for overtime pay, updated PCM calculators for long-term contracts, and clarified regulations for sovereign wealth funds.
#irs updates#tax breaks#530a accounts#overtime tax#tax regulations
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