2026 Tax Changes: Expert CPA & Attorney Reveal New Strategies

In this episode of The Smart Legacy Podcast, estate planning attorney Glenn Stockton sits down with CPA Carlie Bittel to break down the sweeping changes coming with the 2026 tax law reforms, including the One Big Beautiful Bill Act. They explain how individuals and small business owners can benefit from new above-the-line charitable deductions, expanded car interest deductions for vehicles assembled in the US, and the innovative Trump accounts for children, plus how small businesses can leverage these as fringe benefits. Glenn and Carlie also discuss the return of 100% bonus depreciation, the evolving landscape for itemized versus standard deductions, and special provisions for retirees, such as the temporary "Social Security deduction." Emphasizing the importance of strategic planning and attorney-CPA collaboration, they offer actionable advice to help listeners navigate phase-outs, maximize credits, and optimize their tax and estate plans before the new rules take effect. Whether you're a business owner, retiree, or someone looking to protect and grow your legacy, this episode provides essential insights to help you stay ahead of the biggest tax changes in years.