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How tax breaks on overtime, tips work after Donald Trump's 'Big beautiful bill'
Now that President Donald Trump signed the bill, workers will be able to deduct up to $25,000 in reported tips and $12,500 in overtime pay from their taxable income on their federal tax returns. This means you won’t see an immediate boost in your take-home pay — taxes will still come out of your paycheck — but when you file for 2025 early next year,
An analysis of the just-passed Senate version of the One Big Beautiful Bill Act predicts the legislation will increase ...
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Neither Colorado Senator voted for the budget bill, which now heads back to the House. Republicans are under pressure to pass ...
Both Democratic U.S. senators from Arizona, along with the rest of the chamber's Democrats, voted against the Trump-backed ...
The Alaska Senator called her decision on the bill “probably the most difficult and agonizing 24-hour legislative period that ...
The Senate passed a $66B farm bill with updates to ARC, PLC, crop insurance, and tax relief. Key differences from the House ...
Arizonans will see major changes to Medicaid, tax cuts and food stamps after Trump's Big Beautiful Bill passed. The Gaggle ...
The Senate version of the "One Big Beautiful Bill" is projected to add more to national deficits, which won't sit well with ...
How Trump’s 'One Big, Beautiful Bill' passed in the Senate with key Murkowski flip The final package reflects a bruising intraparty fight, with several controversial provisions added, ...
Planned Parenthood could be forced to close hundreds of its clinics if the Republicans’ reconciliation bill is signed into ...
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