Breaking Down Trump’s Big Beautiful Bill
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Under the new tax cut, workers can deduct up to $25,000 in tips and $12,500 in overtime pay from their taxable income on federal tax returns.
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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 states like Ne
The “big, beautiful” bill recently passed by Congress and signed into law by President Donald Trump makes several retroactive tax changes, meaning there’s a chance for some taxpayers to benefit sooner rather than later.