Jetta Productions Inc | Digitalvision | Getty Images Many Americans are seeing bigger tax refunds this season due to President Donald Trump 's 2025 legislation, which includes the new " no tax on overtime " deduction. This season, that tax break has seen a surge of popularity, which could impact its future, experts say. While the provision doesn't eliminate taxes on overtime pay , it allows certai...
Jetta Productions Inc | Digitalvision | Getty Images Many Americans are seeing bigger tax refunds this season due to President Donald Trump 's 2025 legislation, which includes the new " no tax on overtime " deduction. This season, that tax break has seen a surge of popularity, which could impact its future, experts say. While the provision doesn't eliminate taxes on overtime pay , it allows certain workers to deduct a portion of eligible compensation — up to $12,500 for single filers or $25,000 for married couples filing jointly per year — from 2025 through 2028. Almost 50% of the tax returns filed this season have included one of Trump's "signature campaign policies," Treasury Secretary Scott Bessent said Sunday during a "Fox and Friends" interview . These returns include Trump's deductions for tip income , overtime earnings , seniors and auto loan interest , which are reported on the new Schedule 1-A for individual returns. "The home run has been no tax on overtime," which filers have claimed on 25% of returns received by the IRS, Bessent said. That amounts to nearly 20 million overtime deduction claims , out of roughly 79 million returns received, as of March 20, according to the IRS and Treasury. Read more CNBC personal finance coverage Trump's overtime deduction is a 'home run,' Treasury says. How it could change Stock market is in for 'choppy, bumpy ride,' strategist says. Here's how to play it Parents with student loans have limited time to secure forgiveness, affordable bills Social Security needs more money. The question is, who will pay? Should you 'buy the dip' amid the latest stock market volatility? What experts say Boston Fed: Credit card APRs have 'economically meaningful' impact on spending Retirement saver protection rule has died — for the second time More than 7 million student loan borrowers face deadline to leave SAVE plan Department of Labor proposes rules for including alternative assets in 401(k)s 31.5% of car buyers underwater on trade-ins; ...
The National Capital Planning Commission had previously delayed the vote after thousands of negative public comments Sign up for Breaking News US email alerts Donald Trump is in Washington today. According to the White House, the president doesn’t have any events or meetings open to the press. At 2pm ET he’s set to sign executive orders. We’ll let you know if that opens up and bring you the latest...
The National Capital Planning Commission had previously delayed the vote after thousands of negative public comments Sign up for Breaking News US email alerts Donald Trump is in Washington today. According to the White House, the president doesn’t have any events or meetings open to the press. At 2pm ET he’s set to sign executive orders. We’ll let you know if that opens up and bring you the latest. Continue reading...
Sakorn Sukkasemsakorn Freight Technologies ( FRGT ) said that it is advancing its shift to an AI-powered, software-first logistics firm, focusing on cross-border and domestic freight solutions and overseeing strategic alternatives for the brokerage operations. "Evaluating strategic alternatives for our brokerage business is the logical next step in that journey. It reflects our conviction that the...
Sakorn Sukkasemsakorn Freight Technologies ( FRGT ) said that it is advancing its shift to an AI-powered, software-first logistics firm, focusing on cross-border and domestic freight solutions and overseeing strategic alternatives for the brokerage operations. "Evaluating strategic alternatives for our brokerage business is the logical next step in that journey. It reflects our conviction that the highest-value path forward is one where our capital, our talent, and our technology are fully concentrated on software." said Javier Selgas , CEO. The company noted that the transformation is centered on commercializing its core software products, including Fleet Rocket, Fr8Radar, and Zayren Pro, which are designed to address inefficiencies in freight pricing, tracking, and capacity matching across supply chains. In November 2025, the company signed a multi-year deal with Fetch AI for access to ASI-1 large language models and developer tools. The management indicated that resources, including talent and technology investments, are being redirected toward higher-margin SaaS offerings. The stock price traded 2.3% higher on Thursday during pre-market hours. More on Freight Technologies Financial information for Freight Technologies
(RTTNews) - Initial cues from the U.S. Futures Index suggest that Wall Street might open significantly down on Thursday, as there are no signs of de-escalation for the Middle East conflict. U.S. President Donald Trump has warned to hit Iran 'extremely hard' over coming weeks. He
(RTTNews) - Initial cues from the U.S. Futures Index suggest that Wall Street might open significantly down on Thursday, as there are no signs of de-escalation for the Middle East conflict. U.S. President Donald Trump has warned to hit Iran 'extremely hard' over coming weeks. He
Andy Cheung will join AAON ( AAON ) as executive VP & chief financial officer on April 20, 2026. Cheung previously served as CFO of Commercial Vehicle Group. Current CFO Rebecca Thompson will transition to chief accounting officer. More on AAON AAON: Growth Remains Good, But Not Good Enough AAON, Inc. (AAON) Q4 2025 Earnings Call Transcript AAON, Inc. 2025 Q4 - Results - Earnings Call Presentation...
Andy Cheung will join AAON ( AAON ) as executive VP & chief financial officer on April 20, 2026. Cheung previously served as CFO of Commercial Vehicle Group. Current CFO Rebecca Thompson will transition to chief accounting officer. More on AAON AAON: Growth Remains Good, But Not Good Enough AAON, Inc. (AAON) Q4 2025 Earnings Call Transcript AAON, Inc. 2025 Q4 - Results - Earnings Call Presentation AAON targets 18–20% sales growth and up to 31% gross margin in 2026 as BASX backlog hits $1.3B Seeking Alpha’s Quant Rating on AAON
(RTTNews) - AAON Inc. (AAON), an HVAC solutions provider, on Thursday announced the appointment of Andy Cheung as Executive Vice President and Chief Financial Officer, effective April 20.
(RTTNews) - AAON Inc. (AAON), an HVAC solutions provider, on Thursday announced the appointment of Andy Cheung as Executive Vice President and Chief Financial Officer, effective April 20.