The massive Republican-backed budget bill — called "one big, beautiful bill" by President Trump — includes several new tax rules that could have a big financial impact on millions of workers who earn ...
There will be no tax on tips and no tax on overtime this tax season. Here's what to know about deductions and who qualifies ...
A slew of new tax provisions went into effect in 2025, which could significantly change how much you'll get back.
Whatever comes out of Congress this year in terms of tax changes, it's looking increasingly likely that tipped workers are going to get a break. On May 22, the U.S. House passed sweeping legislation ...
Millions of Americans may pay less tax in 2025 as the IRS explains how workers can claim new deductions on tips and overtime ...
President Donald Trump’s signature “one big beautiful bill” promises to let workers keep more of what they earn by making tips and overtime wages tax-free. In Delaware — where hundreds of thousands of ...
President Trump signed a spending bill that allows workers to deduct overtime pay and tips from their federal taxes. The deductions are temporary and will expire at the end of 2028 unless extended.
On July 4, 2025, as part of the One Big Beautiful Bill Act (Act), provisions titled “No Tax on Tips” and “No Tax on Overtime” were signed into law. These provisions created new individual income tax ...
President Donald Trump’s campaign promise to end taxes on tips and overtime could soon become a reality, at least for the next few years. The One Big Beautiful Bill Act of Trump policies contains new ...