Ep 137: 5 Key Takeaways From The "Big Beautiful bill"
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Ep 137: 5 Key Takeaways From The "Big Beautiful bill"
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In this episode, host Kevin Thompson, founder and CEO of 9i Capital Group, breaks down the newly signed "Big Beautiful Bill" (BBB). He highlights five major changes: a $6,000 senior deduction, restored bonus depreciation for capital investments, a higher $40,000 SALT cap, expanded QBI deduction eligibility for high earners, and a new tax exemption for overtime and tip income. Kevin explains how these provisions impact seniors, business owners, and high-income earners, while urging listeners to seek professional advice to navigate the bill’s complexities and understand its long-term effects.
Bonus Depreciation Returns (00:03:59)
SALT Cap Raised to $40,000 (00:06:06)
Qualified Business Income (QBI) Deduction Expansion (00:08:09)
No Tax on Tips and Overtime (00:10:28)
Recap and Closing Thoughts (00:13:37)
Outro and Farewell (00:15:46)
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