Trump’s 2025 Tax Law SHOCKS Millions: New Deductions for Workers, Seniors & Families
Автор: Financial Talks
Загружено: 2025-07-21
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Trump’s 2025 Tax Law SHOCKS Millions: New Deductions for Workers, Seniors & Families
Discover how Trump’s new tax bill impacts your wallet, with fresh deductions for tip income, overtime pay, and Social Security benefits. Uncover what’s changed, which tax breaks are temporary, and how you can maximize savings under the updated 2025 tax code.
In this breakdown, we’ll cover all the key updates from Trump’s One Big Beautiful Bill — including the permanent extension of tax brackets, a brand-new $6,000 senior deduction, higher SALT deduction limits, expanded child tax credits, and the first-ever deductions for car loan interest, overtime, and tips. Plus, explore new savings accounts for newborns, increased dependent care benefits, expanded 529 and ABLE accounts, and revised 1099 reporting thresholds. Whether you’re working, retired, raising a family, or a homeowner, these 2025 tax changes will directly influence your income, your deductions, and your potential tax refund. Learn about the latest IRS rules and how they could affect your finances, your household, and your future tax returns.
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