In this video, Colin Exelby, CFP® explains the new 2025 IRS Tax Bracket Changes and how they'll impact you.

The 2025 tax season is here, and there are some key changes you need to know! In this video, we break down updates to the standard deduction, income and capital gains tax brackets, the net investment income tax, and Medicare premium surcharges. Plus, I’ll share smart strategies to lower your tax bill and keep more money in your pocket. Understanding how these updates impact your finances is crucial for effective tax planning. Don’t forget to like, subscribe, and check out my website for more resources to optimize your financial future!

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00:00-Introduction

00:27-Standard Deduction Evolution

01:58-Tax Bracket Mechanics: Debunking Common Myths

04:54-Comparing to 2025

07:15-Capital Gains Strategy

10:30-Net Investment Income Tax

12:15-Medicare Premium Considerations

13:58-Forward Looking Tax Planning

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[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

*Optimize Your Cash Flow

*Minimize Your Taxes

*Build Your Net Worth

*Create a Lasting Legacy

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Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments!

Top Financial Advisor Baltimore. Top Financial Planner Maryland.

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