The recent “One Big Beautiful Bill Act” brought several significant changes that could put more money back in your pocket. We are ready to help you navigate these new rules, including:
- Higher Deductions: An increase in the Standard Deduction and an Additional Senior Deduction.
- Family Benefits: Increased Child Tax Credits and a partially refundable Adoption Credit.
- Tax-Free Income: New exemptions for tips and overtime pay (limits apply).
- Property & Savings: Increased SALT deductions and the new MAGA savings accounts for children.
Are you a business owner? You may benefit from the restoration of 100% bonus depreciation and increased Section 179 limits.
Let’s Get Started
We want to ensure you get the most accurate and beneficial result possible. If you have questions about how these changes affect your specific situation, please reach out so we can get you on the calendar.
