The 'Trump’s Bill', formally known as the 'Ley de Un Gran y Hermoso Proyecto de Ley' (OBBB), brings substantial changes to the tax landscape, particularly for workers who earn tips or work overtime.
If you earn tips at work, you may be able to deduct up to $25,000 of qualified tips on your federal income tax return. The tip deduction is gradually phased out – potentially to $0 – if your modified ...
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. For the hundreds of thousands who rely on ...