AmitaR
Employee Tax & Finance Expert

[Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill

The One Big Beautiful Bill will be beneficial to you in the following ways:

  1. Increased Child Tax Credit:  increased from $2,000 to $2,200 for qualified taxpayers
  2. no tax on overtime - deduction of up to $12,500 per taxpayer with phaseout for MAGI over $150,000 (over $300,000 for Married Filing Jointly filers)

Hope that helps @Bpasten90 

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