Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag President Trump signs bill giving tax breaks to tipped workers but ends EV tax credit early.

flag President Trump signed a bill offering tax breaks for tipped workers and overtime pay, effective this year and expiring in 2028. flag Tipped workers will see reduced federal income taxes, and overtime pay becomes deductible from taxable income, with limits for single and joint filers. flag However, the bill also ends the electric vehicle tax credit early, in September, and is projected to increase the national debt. flag Details on worker eligibility for these deductions are still unclear.

3 Articles