OB3 (One Big Beautiful Bill) — Tax Changes for Individuals & Employers

Rapid-Fire OB3 Recap (One Big Beautiful Bill)
We break down what actually changes for paychecks, families, and small businesses: the No Tax on Tips deduction, overtime premium deduction, SALT cap increase, Child Tax Credit ($2,200, indexed), Senior Deduction, U.S.-assembled car-loan interest deduction, inflation adjustments to tax brackets, R&D expensing, the FICA tip credit expansion, Paid Family & Medical Leave credit, Employer Childcare credit (45F), and the gambling/wagering loss rule. Plain-English, zero fluff—rule → who it hits → action you can take.

Related deep-dives (search these on our channel):
• “$25K Tip Deduction? Inside H.R.1’s ‘Big Beautiful Bill’ – No Tax on Tips”
• “No Tax on Overtime Act Explained (2025–2028)”
• “New SALT Deduction Rules 2025 | $10k to $40k Explained”
• “R&D, FICA Credits, FMLA Leave, & Childcare Benefits | OB3 Explained”
• “Gambling Tax Rule in OB3: Wagering Losses Capped at 90%”

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