Breaking Down the Big Beautiful Bill with Grayson Blazek, Ep #243
Update: 2025-07-15
Description
Tax season may feel far off, but with sweeping legislative changes just passed, proactive financial planning starts now. In this episode, we’re sharing our accessible, in-depth breakdown of the new Big Beautiful Bill, highlighting ten key tax provisions that every taxpayer should understand.
Outline of This Episode
- [00:00 ] Summarizing the latest major legislation in 10 key tax provisions.
- [04:59 ] Be mindful of income limits for a taxpayer deduction.
- [08:05 ] Consider collating deductions into a single year to maximize tax benefits due to the temporary higher SALT limit.
- [11:44 ] Starting in 2026, non-itemizers can claim a permanent below-the-line deduction for charitable donations.
- [14:24 ] Many individual clean energy credits are being repealed.
- [18:16 ] Certain income isn't subject to federal tax, but deductions vary by filing status.
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