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

The final version of the bill will allow workers to deduct up to $25,000 in tips and up to $12,500 ($25,000 in the case of a joint return) in overtime, but the tax law change is temporary and ends Dec.

After days of negotiations and last-minute dealmaking, the US Congress passed a multitrillion-dollar tax and spending bill securing President Donald Trump’s domestic policy agenda.