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STAY TUNED FOR PART 2!
This law marks a pivotal moment in tax policy — especially for high-income earners, investors, and real estate professionals.
We cut through the noise and go rapid-fire through the key changes that matter most, including:
- Making the 2017 Tax Cuts and Jobs Act permanent
- Locking in the lower 37% top income tax bracket
- Indexing brackets for inflation to fight “bracket creep”
- Doubling the standard deduction for individuals and married couples
- Preserving the SALT deduction cap for itemizers
- Important implications for charitable giving, mortgage interest, and state/local taxes
Whether you're trying to reduce your tax liability or plan your long-term strategy, this episode is packed with insights that can save you money.
💼 Don't miss it — these changes could redefine your financial future.
🔔 Subscribe for more expert breakdowns on tax strategy, wealth building, and real estate investing.
Show Notes:
0:00 Intro
1:39 Personal Tax Brackets Explained
3:19 Standard Deductions
4:37 SALT Deduction Changes
9:45 Elimination of Miscellaneous Itemized Deductions
16:35 Senior Deduction
22:00 Tax on Tips and Overtime Deduction
28:28 Child Tax Credit & Trump Account
37:11 Moving Expenses Eliminated
37:45 Charitable Donation Deductions
41:22 Mortgage Interest Deduction
44:10 Car Loan Interest Deduction
50:50 Schedule A Deductions
51:26 529 Plans
52:18 Alternative Minimum Tax
54:48 Estate Tax Lifetime Exemption
58:44 Expanded HSA Eligibility
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#taxes #trump #taxbill #taxplanning
Read More
By: Toby Mathis Esq | Tax Planning & Asset Protection
Title: Trump’s New Tax Breaks – 2025 Changes YOU MUST KNOW (Part 1: Individual Provisions)
Sourced From: www.youtube.com/watch?v=4SwFh5tfgXA
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