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Trump's New Big Beautiful Bill is saving US taxpayers more than they ever have before, in this episode I go over some of the more notable changes being made and continuances from the previous Tax Cuts and Job Act from 2017. While I don't prefer any political party, I will note that I strongly believe this new bill is going to help a lot of US taxpayers. Some of the new features to keep your eye out for: standard deduction stays at TCJA rates and continues with inflation, the QBI deduction raised from 20% to 23%, NO tax on tips or overtime, and so much more that is still left to go over!
I'm still in the process of reading this massive bill but over the next few days/weeks I'll be sharing more of what's inside in small actionable episodes!
Be sure to follow my podcast to learn more about bookkeeping and taxes!
Need help with Bookkeeping for your Business? View my services
Schedule a Free Meeting with me!
By Mike BraunTrump's New Big Beautiful Bill is saving US taxpayers more than they ever have before, in this episode I go over some of the more notable changes being made and continuances from the previous Tax Cuts and Job Act from 2017. While I don't prefer any political party, I will note that I strongly believe this new bill is going to help a lot of US taxpayers. Some of the new features to keep your eye out for: standard deduction stays at TCJA rates and continues with inflation, the QBI deduction raised from 20% to 23%, NO tax on tips or overtime, and so much more that is still left to go over!
I'm still in the process of reading this massive bill but over the next few days/weeks I'll be sharing more of what's inside in small actionable episodes!
Be sure to follow my podcast to learn more about bookkeeping and taxes!
Need help with Bookkeeping for your Business? View my services
Schedule a Free Meeting with me!