Wealthy Way cover image

Tax-Free Overtime and Bonus Depreciation

Wealthy Way

00:00

Intro

This chapter explores the major tax changes enacted by a new law effective July 4, 2025, including deductions for tipped income and overtime pay. It also discusses the reinstatement of bonus depreciation at 100%, enabling businesses to deduct the full cost of qualifying equipment in the first year.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app