How will No Tax On Tips and other changes affect your life?
With proposals like “No Tax on Tips,” deductions for seniors, and expanded support for families, the “One, Big, Beautiful Bill” could reshape household finances across America. Supporters say it’s a long-overdue break for working families. Critics question the sustainability. Will these tax reliefs change how you earn, save, or give? Join the discussion in Crosswalk Forums.
#TaxRelief #FaithAndFinance #ChristianStewardship #christianforums #crosswalkforums #forums #crosswalk #faithcommunity #faithforums
‘‘THE ONE, BIG, BEAUTIFUL BILL’’ if passed will have the most impact than any other bill in recent history.
PART 2—ADDITIONAL TAX RELIEF FOR AMERICAN FAMILIES AND WORKERS
Sec. 110101. No tax on tips.
Sec. 110102. No tax on overtime.
Sec. 110103. Enhanced deduction for seniors.
Sec. 110104. No tax on car loan interest.
Sec. 110105. Enhancement of employer-provided child care credit.
Sec. 110106. Extension and enhancement of paid family and medical leave credit.
Sec. 110107. Enhancement of adoption credit.
…
Sec. 110110. Additional elementary, secondary, and home school expenses treated as qualified higher education expenses for purposes of 529 accounts.
Sec. 110111. Certain postsecondary credentialing expenses treated as qualified higher education expenses for purposes of 529 accounts.
Sec. 110112. Reinstatement of partial deduction for charitable contributions of individuals who do not elect to itemize.
Sec. 110113. Exclusion for certain employer payments of student loans under educational assistance programs made permanent and adjusted for inflation.
Sec. 110115. MAGA accounts.