Big Beautiful Bill Summarized: Tax Cuts, Tips, SALT Caps, PTET, and More
The Long Game
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Navigating Recent Tax Changes
This chapter reviews recent modifications in tax regulations, including enhancements to dependent care and health savings accounts, along with new charitable deduction opportunities. It explores the implications of Qualified Business Income deductions for business owners and highlights strategic considerations for high earners. The discussion extends to the complexities of tax planning in light of recent legislation, including the SSTV status and SALT deduction limits, providing valuable insights for both individuals and businesses.
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