Trump’s new megabill creates temporary deductions for federally taxable tips and qualified overtime pay, but there are some caveats.

The fine print in President Trump's recently signed "big, beautiful bill" could restrict savings for some tipped workers. Why it matters: Trump made "no taxes on tips" a centerpiece of his presidential campaign — and while a provision in the new law honors that idea on the surface,

Now that the tax and spending bill has been signed into law, how it will impact the finances of Americans is more clear.