#581 Breaking News - Senate Tax Bill Text Released

Breaking News - Senate Tax Bill Text Released. With both the House and Senate versions now on the table, which proposal offers bigger tax cuts? Which one could save you more money? I’m breaking down the differences between the House and Senate proposals and what’s changing and how it will affect you.Intro & Why This Tax Bill Matters00:00 - 00:02:25Expiring Tax Provisions in 202600:02:25 - 00:03:32Standard Deduction & Income Tax Rates00:03:32 - 00:09:07Child Tax Credit Breakdown00:09:07 - 00:10:59State and Local Tax (SALT) Deduction Debate00:10:59 - 00:15:13No Tax on Tips & Overtime Explained00:15:13 - 00:20:14Small Business Tax Breaks (QBI & Bonus Depreciation)00:24:02 - 00:29:27House vs. Senate: Final Comparison00:29:27 - 00:30:25Ready to Take the Next Step?Work With Mat & Mark’s Law FirmGet strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.[Book a Call with KKOS Lawyers]Take Control of Your RetirementWant to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.[Learn More About Directed IRA]Free ResourcesMat Sorensen’s Optimal Order of Investing GuideLearn how to prioritize where your money should go and build a smarter investing strategy.[Download the Free Guide]Mark J. Kohler’s 30-Point Tax GuideDiscover practical tax strategies and planning opportunities every business owner and investor should know.[Download the Free Guide]Get More From Mat & MarkWatch on YouTubeTax strategies, business planning, investing, asset protection, and more.[Visit the YouTube Channel...