#587 Trump Signs The Big Beautiful Bill: What This Means for Tax Planning
Main Street Business
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Navigating Opportunity Zones and Tax Strategies
This chapter explores Opportunity Zones as a key tax incentive for redevelopment investments, drawing parallels to 1031 exchanges. It also discusses recent tax legislation impacting individual taxpayers, including changes to estate tax exemptions and SALT deductions, with actionable advice for tailored tax planning. Additionally, it covers new provisions affecting Social Security deductions and the tax implications of tips reported through digital platforms.
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