IRS releases guidance for Trump's 'no tax on tips' and overtime deductions: What to know The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible workers can claim up to $25,000 for tips and $12,500 for overtime. Orignial Source: https://www.foxbusiness.com/economy/irs-releases-guidance-trumps-no-tax-tips-overtime-deductions-what-know Previous article: Thanksgiving dinner costs by state: Where Americans paid the most (and the least) Prev Next article: Boar's Head cheese recalled over listeria risk Next