The Big Beautiful Bill Breakdown: What Does It Mean For You? скачать в хорошем качестве

The Big Beautiful Bill Breakdown: What Does It Mean For You?

My name is Chris Campbell. I'm a practicing CPA and I work with small businesses and individuals to help them pay the least amount of taxes possible while keeping them out of jail. In this episode, I discuss a newly passed tax bill signed into law on July 4th, detailing the critical changes affecting both business owners and individuals. Key topics include bonus depreciation (Section 168), research and development costs, QSBS exclusion enhancements, and significant personal tax deduction updates. I focus on practical implications to help you navigate these changes efficiently. 00:00 Introduction and Overview 00:46 Business Tax Changes: Preserving and Enhancing Provisions 01:47 Bonus Depreciation and Section 168 Explained 03:58 Research and Development Costs: Immediate Deductions 06:13 Qualified Small Business Stock (QSBS) Exclusion 08:09 Personal Tax Changes: Standard Deductions and Senior Benefits 10:20 New Car Loan Interest Deduction 12:02 No Tax on Overtime and Tips 14:44 SALT Deduction Increase 16:49 Charitable Donations: New Rules and Limits 18:37 Conclusion and Final Thoughts #CPAGuide #BusinessTaxes #IndividualTaxes #TaxDeductions #NewTaxBill #TaxPlanning #BonusDepreciation #ResearchAndDevelopment #CPATips #blackcpa #africanamericancpa #businessmanager #virtualcfo #taxbrackets #blackbusinessmanager #fractionalcfo #cpa #africanamericancpa #africanamericancfo #africanamericanaccountant #blackaccountant #blackownedcpafirm #blackownedaccountingfirm About Me: Christopher J. Campbell, CPA Website: https://www.chriscampbellcpa.com Email: [email protected] IG   / chriscampbellcpa   TT   / chriscampbellcpa   LI   / christopher-j-campbell-cpa-46bb332   I operate a virtual accounting firm focusing on tax, accounting, bookkeeping and CFO services for closely held businesses and individuals. I additionally provide business management services for creatives.