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#585 New Tax Bill Signed Into Law By President Trump - What’s In and What's Out?

An episode of the Main Street Business podcast, hosted by Mark J Kohler and Mat Sorensen, titled "#585 New Tax Bill Signed Into Law By President Trump - What’s In and What's Out?" was published on July 5, 2025 and runs 23 minutes.

July 5, 2025 ·23m · Main Street Business

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In this special episode, Mat Sorensen breaks down President Trump’s newly signed tax legislation, known as the “Big Beautiful Bill," and what it means for your personal and business taxes. With sweeping changes taking effect in 2025, Mat outlines the most impactful provisions for individuals, small business owners, and real estate investors. 

0:00 - Introduction to The Big Beautiful Bill

5:14 - Individual Tax Breaks Explained

9:19 - State and Local Tax Deductions

15:34 - Senio...

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