The IRS posted a fact sheet on the One Big Beautiful Bill Act (OBBBA), which was signed into law on July 4, 2025. The fact sheet includes some information on tax breaks for individuals, including no tax on tips, no tax on overtime pay, and the new deduction for personal car loans. #IdeaoftheDay
Barbara Weltman
Big Ideas for Small Business, Inc.
Subscribe and download for Free our newly-updated eBook, "150+ Tax Deductions for Small Business A to Z" Revised to reflect changes in the One Big Beautiful Bill
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