Trump’s “One Big Beautiful Bill”: What It Means for Your Taxes
Hey friends! If you’ve been hearing about Trump’s new “One Big Beautiful Bill” and wondering what it means for your wallet, here’s a quick breakdown. Taxes can feel super overwhelming, but I went through the details so you don’t have to. Here’s what’s changing and how it might affect you. Tax Cuts Are Now Permanent The lower tax rates from the 2017 tax law are officially here to stay. The standard deduction also got a boost. It’s now $15,750 if you file solo and $31,500 for couples. This could mean less of your income gets taxed upfront. Personal exemptions are still not a thing, so that part hasn’t changed. Some […]
Trump’s “One Big Beautiful Bill”: What It Means for Your Taxes 続きを読む »