How the big bill could possibly impact you

(CNN)– President Trump’s megabill is now a megalaw, here’s a quick look at some of the more notable provisions that could impact you.

Workers who get qualified tips will be able to deduct 25-thousand dollars annually from their taxable income.

And, workers who get paid overtime will get a 12-thousand-500-dollar tax deduction.

Both provisions will apply to the 2025 tax season, but expire at the end of 2028.

Also starting next year, employers who provide child care to their employees can deduct up to 40% of qualified child care expenditures up to half-a-million dollars.