Data Center Contractors Have 9.9 Months of Backlog. His $10,000 in Overtime Will Bring a Tax Break, but Social Security Will Still Withhold $4,760
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The post Data Center Contractors Have 9.9 Months of Backlog. His $10,000 in Overtime Will Bring a Tax Break, but Social Security Will Still Withhold $4,760 appeared first on 24/7 Wall St..
Picture a retired tradesman, age 64, who thought he was done with job sites. Then a contractor calls. A data center is going up nearby, skilled hands are scarce, and he can have as much overtime as he wants. In 2026 he earns $24,000 in regular wages plus $10,000 in overtime, for $34,000 total.
He collects Soci
Picture a retired tradesman, age 64, who thought he was done with job sites. Then a contractor calls. A data center is going up nearby, skilled hands are scarce, and he can have as much overtime as he wants. In 2026 he earns $24,000 in regular wages plus $10,000 in overtime, for $34,000 total.
He collects Soci
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