Explícame on MSN

The Tax Fine Print: The Four Massive Deductions from President Trump's OBBBA

Trump’s tax reform offers 4 big deductions (tips, overtime, seniors, car interest) up to $25k. Fine print: Must file Schedule 1-A; does not reduce AGI.
CNET

Trump's 'Big Beautiful Bill' Makes Sweeping Tax Changes: Here Are the New Deductions You Can Expect

The legislation brings a lot of changes that are worth worrying about, but at least you might be able to get some new tax deductions. Thomas is a native of upstate New York and a graduate of the ...
Fast Company

No tax on tips and overtime: Full list of 68 jobs eligible for the write-off under Trump’s One Big Beautiful Bill Act

Tucked away among the 940 pages of President Donald Trump’s massive One Big Beautiful Bill Act (OBBBA) are an array of new tax write-offs, exemptions that Trump promised to enact while running for a ...