The WealthAbility Show with Tom Wheelwright, CPA cover image

The Good & The Bad of The One Big Beautiful Bill

The WealthAbility Show with Tom Wheelwright, CPA

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Navigating the Complications of Itemized Deductions

This chapter explores the intricacies of tax deductions, especially for individuals in higher tax brackets. It focuses on how itemized deductions are influenced by factors like the marginal tax rate and the alternative minimum tax, creating challenges for high-income taxpayers in their tax planning.

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