MiBolsilloColombia on MSN

The government just created 4 new tax deductions, millions of Americans will qualify

The OBBBA introduces four new deductions for 2025. Learn how to deduct tip income, overtime pay, car loan interest, and a new ...
Hosted on MSN

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

The signing of the "One, Big, Beautiful Bill Act" (OBBBA) into law by President Trump in July 2025 secured some of the most dramatic changes to the tax code seen in years, particularly for ...
Investopedia

4 New Tax Deductions in the 'Big, Beautiful Bill' You Can Take This Year

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...
Forbes

Which Jobs Are On The List To Benefit From The ‘No Tax On Tips’ Deduction?

The Treasury has released a preliminary list of jobs that qualify for the new tip deduction. A whopping 68 occupations, including podcasters and bakers, made the list—some of them may surprise you.
Forbes

Answers To Your Individual Tax Questions About The One Big Beautiful Bill Act

Got questions about the new deductions for tips, overtime, seniors and car loans? Here’s what you’ve been asking—along with my answers—about those, as well as other updated tax provisions. The One Big ...