First Look Into Trump's Big Beautiful Tax Bill

A lot of noise. A lot of theories. But here’s what really matters.

Everyone’s talking about the 2025 tax bill like it’s already signed. But until it’s law, I’m not here to hype it, I’m here to help you understand it and prepare smartly.

In this episode, I break down:

• The potential return of 100% bonus depreciation
• A QBI deduction boost from 20% to 23%
• The revival of Opportunity Zones
• SALT cap increases and standard deduction changes
• Social Security tax changes no one’s talking about yet
• Why some tax influencers are setting you up for trouble

Whether you’re a high-income W2 earner, real estate investor, or entrepreneur, this is the overview you need to stay ready, not reactive.

And if you’re not a client yet? Go to https://ProsperlCPA.com/apply for a personalized video plan from me.

Or start with the free course: https://TaxPlanningChecklist.com

00:00 - Why I’m Hesitant About Hyped Tax News
00:36 - Is 100% Bonus Depreciation Coming Back?
01:15 - What This Means for Real Estate Investors
02:27 - QBI Deduction: 20% to 23% + Permanent?
04:08 - Simplifying Complex Income Rules
05:07 - Qualified Opportunity Zones: A Second Life
08:19 - New Step-Up & Rural Development Credits
09:12 - SALT Cap: Big Win for NY & CA?
10:38 - Will They Kill the Pass-Through Workaround?
11:01 - No Federal Taxes on Tips or Overtime?
12:00 - Social Security Now Tax-Free?
13:19 - Should You Stop Avoiding FICA Taxes?
14:21 - Rethinking How We Pay Our Kids
16:57 - The Only Thing You Might Be Able to Bank On
17:45 - Tax Planning Must Be Holistic
18:11 - Child Tax Credit + Corporate Tax Changes
19:30 - What You Can Do Right Now
20:26 - Tax Navigator: Tax Planning for All
21:30 - Final Thoughts + Where to Learn More