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Are Your Tips and Overtime Now Tax Free?

📉 Schedule Your Portfolio Risk Review: https://calendly.com/josephbasewealth... The One Big Beautiful Bill made major tax changes for 2026. Here’s what you need to know about tips, overtime tax rules, SALT deduction limits, and the child tax credit. In this video, Joe Stoy, financial adviser and senior accountant at Bass, breaks down what actually changed, what stayed the same, and how caps and phase outs impact your paycheck. No tax jargon. No confusion. Just clear explanations. You’ll learn: • Whether tax brackets changed • How the $25,000 tips and overtime tax rule works • What “caps” and “phase outs” really mean • The new SALT deduction limit • Car loan interest deduction updates • The permanent $2,200 child tax credit • Why higher earners may lose certain benefits If you work for tips, earn overtime, have a car loan, or pay high state taxes, these updates could directly impact how much money you keep. Book a meeting with our team to make sure you are not leaving money on the table. Subscribe for straightforward tax and financial guidance designed to help you keep more of what you earn.