DiscoverMain Street Business#585 New Tax Bill Signed Into Law By President Trump - What’s In and What's Out?
#585 New Tax Bill Signed Into Law By President Trump - What’s In and What's Out?

#585 New Tax Bill Signed Into Law By President Trump - What’s In and What's Out?

Update: 2025-07-05
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To get a comprehensive tax and legal plan get to my law firm KKOS Lawyers: https://kkoslawyers.com

In this special episode, Mat Sorensen breaks down President Trump’s newly signed tax legislation, known as the “Big Beautiful Bill," and what it means for your personal and business taxes. With sweeping changes taking effect in 2025, Mat outlines the most impactful provisions for individuals, small business owners, and real estate investors. 

0:00 - Introduction to The Big Beautiful Bill

5:14 - Individual Tax Breaks Explained

9:19 - State and Local Tax Deductions

15:34 - Senior, Tips, and Overtime Benefits

18:42 - Small Business Owner Benefits

19:39 - Next Steps and Bill Timeline

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#585 New Tax Bill Signed Into Law By President Trump - What’s In and What's Out?

#585 New Tax Bill Signed Into Law By President Trump - What’s In and What's Out?

Mark J Kohler and Mat Sorensen