As part of the newly passed One Big Beautiful Bill Act, tipped workers like servers, bartenders, and stylists may now qualify for a major federal tax break. Under the “No Tax on Tips” provision, eligible individuals can deduct up to $25,000 in tip income from their taxes—potentially increasing their take-home pay. Here's what you need to know about who qualifies, how it works, and when it takes effect.

Looking to buy a car in the next few years? Thanks to the One Big Beautiful Bill Act, you may be able to deduct up to $10,000 a year in car loan interest — even if you don’t itemize your taxes. This new, limited-time tax break (2025–2028) is designed to help everyday drivers save money on personal vehicle financing. Here’s what qualifies, what doesn’t, and how to make the most of this opportunity.