Big tax changes are on the horizon for 2025! Are you prepared? In this video, I'll break down the key tax changes you need to know about.
0:00 - Overview
0:28 - Tax Cuts and Jobs Act of 2017
1:05 - Federal tax rates
1:42 - Standard deduction
2:40 - State and local income tax (SALT) deduction
3:45 - Child tax credit
4:34 - Estate tax exemptions
5:58 - Qualified business income deduction (QBI)
6:34 - Bonus depreciation
7:19 - Final thoughts
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🚀 Disclaimer: This podcast is for educational purposes only and does not constitute financial advice. Consult with a qualified professional before making any investment decisions.
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