The Internal Revenue Service (IRS) in the US has updated its Tax Withholding Estimator to incorporate changes to credits and deductions under the One, Big, Beautiful Bill (OBBB). In a statement, the IRS said the tool now accounts for provisions including “no tax on tips, no tax on overtime, and other tax benefits”. The IRS Tax Withholding Estimator is a free online tool designed to help workers and retirees estimate how much federal income tax should be withheld from pay cheques now to cover taxes due n ...