Beyond ‘No Tax on Tips’: 7 Key OBBB Provisions for Individual Taxpayers

The One Big Beautiful Bill Act updated the tax code with bigger deductions and new credits to help reduce your overall tax burden.
Beyond ‘No Tax on Tips’: 7 Key OBBB Provisions for Individual Taxpayers
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The One Big Beautiful Bill Act (OBBB), passed in July, made several changes to the tax code. The two that have received the most media attention are “no tax on tips” and “no tax on overtime” provisions.

Although these are momentous for many taxpayers, the OBBB contains other provisions that are helpful to many Americans. These money-saving updates got less publicity but may significantly reduce your tax bill.

Anne Johnson
Anne Johnson
Author
Anne Johnson was a commercial property and casualty insurance agent for nine years. She was also licensed in health and life insurance. She went on to own an advertising agency, where she worked with businesses. She has been writing about personal finance for 10 years.