President Donald Trump‘s One Big Beautiful Bill Act will have some significant effects on this year’s tax filing season, with provisions such as “no tax on tips” and “no tax on overtime” allowing people to claim more deductions.
Average tax refunds have increased by over 11% this year. With Tax Day on Wednesday, here are some points people should know about how the so-called “working families tax cuts” will affect their 2025 tax filing season.
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