Tax Cuts and Jobs Act Extensions: What the "One Big Beautiful Bill" Means for You
BE Informed
In this episode of BE Informed, I dive into the implications of the Tax Cuts and Jobs Act (TCJA) extensions as outlined in the recently passed "One Big Beautiful Bill." Join me as I break down key provisions impacting individual and estate taxes, including the permanence of individual tax rates and increased standard deductions. Discover how these changes will affect your financial planning, from mortgage interest deductions to casualty loss limitations. I also discuss the implications of student loan discharge exclusions and what they mean for taxpayers. Whether you're a seasoned professional or navigating tax concerns for the first time, this episode offers valuable insights to help you understand how these legislative changes might benefit you. Tune in for a clear and informative discussion.
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