The rules for paying taxes on tips and overtime are changing thanks to Trump’s Big Beautiful Bill. Here’s what to expect

President Donald Trump’s campaign promises to end taxes on tips and overtime pay have seemingly come to fruition in the GOP’s “One Big Beautiful Bill” that became law Friday. But tax experts say there are a few nuances of the law workers should know ahead of next tax season.

Both provisions have the potential to be worth thousands of dollars, depending on the individual taxpayer’s situation and how much they earn. That fact is music to the ears of workers who are struggling to pay higher prices for just about everything.