Tax and financial planning news from around the web: September 1 – 5, 2025

Business interest limits: Take advantage of the expanded rules 

The One Big Beautiful Bill Act greatly expands business interest deduction limits, which is a boon to capital-intensive businesses with significant interest expense — potentially reducing their federal corporate tax liability and enhancing financial flexibility. 

List of jobs covered by Trump's "no tax on tips" 

The Treasury Department has released a list of 68 jobs that qualify for a new tax deduction under the "no tax on tips" pledge in President Trump's "big, beautiful bill." There's good news on the list for everyone from golf caddies to party DJs to home electricians.