Under the bill Trump signed into law on July 4, the U.S. Treasury Department must publish a list by Oct. 2 of occupations ...

The 'No Tax on Tips' provision, which also applies to overtime pay, is part of President Trump's One Big Beautiful Bill Act.

Workers earning "midrange" pay can still see meaningful savings. A warehouse supervisor earning $60,000 with $10,000 in ...

The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...

New law exempts up to $25,000 in tips from federal taxes, delivering on Trump’s campaign pledge Unclear rules leave workers ...

But with the OBBB now signed, starting with the 2025 tax year (returns you normally file in early 2026), eligible workers can deduct up to $25,000 in reported tip income from their federal income tax.

Will you get any benefit from tax break on OT, tips? What the big beautiful bill means for different income brackets.