Rethinking Your Tax Planning Under the New Tax Laws Webinar with Owen Pryor and Darin Riddle

Описание: There were a lot of new tax laws that came out of the One Big Beautiful Bill that could affect how you do your taxes this season.
In our latest webinar, Rethinking Your Tax Planning Under the New Tax Laws, we walked through what changed and what didn’t and how the new bill might affect you.

Chapters:
00:00 Intro
02:28 What is the Big Beautiful Bill?
03:21 "No Tax on Social Security": What is that? How does that affect people?
05:53 "No Tax on Social Security/Tips/Overtime": Is that permanent or is it set to expire?
07:55 Trump Accounts: What are Trump accounts? What do we know about them so far?
11:22 Trump Accounts: Can you share about the tax document that needs to be completed when you're doing your 2025 tax returns this year?
12:04 Tax Brackets & Estate Exemption Amounts: What did the Big Beautiful Bill change?
15:54 Charitable giving: What changed with charitable giving and what didn't from the Big Beautiful Bill?
18:59 What are the new rules around standard deductions?
22:22 Roth Catch-Ups: What are the new rules regarding Roth catch-up contributions and how does that affect you?
25:19 529s: What are the expanded uses for 529s? What do I do with unused funds or if I overfund 529s?
29:18 Is there anything that people can be doing now to help them with their 2025 taxes?

Q&A
35:50 Is there a resource that you would recommend for taxpayers to find out more information about legislative updates at the state level?
37:14 What is your experience with using AI for tax-related questions? Is it a reliable resource?
40:10 When should I expect my 2025 tax documents to be available?
43:04 Bottom line, is the Big Beautiful Bill beneficial to those with relative wealth? We know that the primary beneficiaries are those in low-income brackets.
45:22 Any new tax changes which are important for new retirees?
49:51 Does the Trump account convert to a regular IRA for a child who turns 18? If so, can the child convert the account to a Roth account at that time?

Darin Riddle, CFP®, CWS®, AAMS® | Financial Advisor, Evans May Wealth
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Connect with Darin on the following!
LINKEDIN (Evans May Wealth):   / evansmaywealth  
LINKEDIN (Darin Riddle):   / darin-riddle  
INSTAGRAM:   / evansmaywealth  
FACEBOOK:   / evansmaywealth  
EMAIL: [email protected]
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Disclaimer: Darin Riddle is a Registered Representative of Sanctuary Securities Inc. and an Investment Advisor Representative of Sanctuary Advisors, LLC.
Securities offered through Sanctuary Securities, Inc., Member FINRA, SIPC. Advisory services offered through Sanctuary Advisors, LLC., an SEC Registered Investment Advisor. Evans May Wealth is a DBA of Sanctuary Securities, Inc. and Sanctuary Advisors, LLC. The subject matter in this communication is educational only and provided with the understanding that Sanctuary Wealth is not rendering legal, accounting, investment advice or tax advice. You should consult with appropriate counsel, financial professionals, or other advisors on all matters pertaining to legal, tax, investment or accounting obligations and requirements.

Owen Pryor, CPA | Managing Advisor, Evans May Advisory
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Connect with Owen on the following!
LINKEDIN (Evans May Advisory):   / evans-may-advisory  
LINKEDIN (Owen Pryor):   / owenpryorcpa  
INSTAGRAM:   / evans_may_advisory  
FACEBOOK:   / 61577612346203  
EMAIL: [email protected]
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Securities offered through Sanctuary Securities, Inc., Member FINRA, SIPC. Advisory services offered through Sanctuary Advisors, LLC., an SEC Registered Investment Advisor. Evans May Wealth is a DBA of Sanctuary Securities, Inc. and Sanctuary Advisors, LLC.
Accounting and tax services are offered exclusively by Evans May Advisory, a separate and distinct entity from Evans May Wealth, Sanctuary Advisors, LLC, and Sanctuary Securities, Inc. (Sanctuary Wealth). Evans May Wealth and Sanctuary Wealth client agreements do not extend to services provided by Evans May Advisory. Evans May Advisory client agreements do not extend to services provided by Evans May Wealth. Neither Evans May Wealth nor Sanctuary Wealth provides tax or accounting advice. Evans May Advisory does not provide investment advisory services. Accounting and tax services are offered exclusively by Evans May Advisory, a separate and distinct entity from Evans May Wealth, Sanctuary Advisors, LLC, and Sanctuary Securities, Inc. (Sanctuary Wealth).