Jaime Staley is joined by partner and CFO, Katina Peters, to break down what's actually changing, who may benefit, and how to start planning before year-end instead of being surprised next April.
In this episode, we cover:
How the 2025 tax brackets and standard deduction look under the new bill
"No tax on tips" and "no tax on overtime" - who qualifies and what the limits are
Updates to the child tax credit, senior deduction, SALT cap, and estate & gift tax exemption
Key small business changes, including QBI, bonus depreciation, Section 179, and more
What Trump child accounts are, how they work, and why starting early can matter
Why proactive mid-year and year-end tax planning is still essential
If you're wondering how the Big Beautiful Bill might affect your 2025 tax return or your business, this conversation will give you a clear starting point and the right questions to take to your tax advisor.
This episode is for educational purposes only and does not constitute tax, legal, or financial advice. Please consult your tax professional about your specific situation.
