Breaking News - Senate Tax Bill Text Released

Breaking News - Senate Tax Bill Text Released. With both the House and Senate versions now on the table, which proposal offers bigger tax cuts? Which one could save you more money? I’m breaking down the differences between the House and Senate proposals and what’s changing and how it will affect you.

Intro & Why This Tax Bill Matters

00:00 - 00:02:25

Expiring Tax Provisions in 2026

00:02:25 - 00:03:32

Standard Deduction & Income Tax Rates

00:03:32 - 00:09:07

Child Tax Credit Breakdown

00:09:07 - 00:10:59

State and Local Tax (SALT) Deduction Debate

00:10:59 - 00:15:13

No Tax on Tips & Overtime Explained

00:15:13 - 00:20:14

Small Business Tax Breaks (QBI & Bonus Depreciation)

00:24:02 - 00:29:27

House vs. Senate: Final Comparison

00:29:27 - 00:30:25

• Grab my FREE Ultimate Tax Strategy Guide HERE!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo to explore the Main Street Tax Pro Certification.
• You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
• Craving more content? Check out my Instagram!