New Tax Law Explained for Individuals & Seniors - Trump’s Big Beautiful Bill
Автор: wealth wave
Загружено: 2025-07-18
Просмотров: 288
Описание:
#bigbeautifulbill #TaxUpdate2025 #TrumpTaxPlan
Learn how Trump’s new tax bill affects you, with new deductions for tips, overtime, and Social Security income. Find out what changed, what’s temporary, and how to save more under the 2025 tax code.
In today's update, learn what changed in the tax code under Trump’s One Big Beautiful Bill, including permanent tax bracket extensions, a new $6,000 senior deduction, increased SALT caps, updated child tax credits, and first-ever deductions for tip income, overtime pay, and car loan interest. The new law also introduces savings accounts for newborns, boosts dependent care benefits, expands 529 and ABLE accounts, and updates 1099 reporting rules. Whether you’re a worker, retiree, parent, or homeowner, these 2025 tax changes affect your income, deductions, and potential refund. Discover new IRS rules and how they impact your money, your family, and your future taxes.
#bigbeautifulbill
#TaxUpdate2025
#TrumpTaxPlan
#IRSChanges
#MoneyTips
#SeniorTaxBreaks
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