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President Signs Bill to Eliminate Federal Taxes on Tips and Overtime—But Not Right Away

Name: President Signs Bill to Eliminate Federal Taxes on Tips and Overtime—But Not Right Away
Uploaded: 2025-07-10T19:20:00-07:00
Channel: NBC Palm Springs
Description: Workers may see relief on federal taxes for tips and overtime under the new One Big Beautiful Bill Act—but only after filing their 2025 tax return. Here’s what’s changing and who qualifies.

By: NBC Palm Springs

July 10, 2025

One Big Beautiful Bill Actno taxes on tipsno taxes on overtimefederal tax changes 2025IRS tip income deductionovertime pay tax break

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