PTET Survives: Why This Pass-Through Entity Tax Loophole Still Matters After Passing of the Big Beautiful Tax Bill
There was a lot of buzz surrounding the “Big Beautiful Tax Bill” recently signed into law, and while most headlines focused on the new $40,000 SALT deduction cap, a quieter but equally important victory came in the form of what didn’t make it into the final bill for the business owners of pass-through entities.
Only Minor Changes to HSA Accounts Following The Passing of the Big Beautiful Tax Bill
The Big Beautiful Tax Bill made waves with several high-profile tax changes, but surprisingly, very few changes were made to Health Savings Accounts (HSAs). Below we outline what made it into the final bill, what got removed, and what retirees—especially those on Medicare—need to know going forward.
EV Tax Credit Eliminated By The Big Beautiful Tax Bill: What You Need to Know Before the Clock Runs Out
The recently passed “Big Beautiful Tax Bill” includes sweeping changes to the tax code, but one provision that caught many by surprise is the elimination of the Electric Vehicle (EV) tax credit—a popular incentive for buyers of new, used, and commercial EVs.
Child Tax Credit Increased Under the Big Beautiful Tax Bill
The Big Beautiful Tax Bill that just passed includes several targeted tax updates that will impact households beginning in the 2025 tax year. One of the more widely applicable changes is a modest increase to the Child Tax Credit (CTC)—a benefit claimed by millions of families each year.
New Auto Loan Interest Deduction Under the Big Beautiful Tax Bill: What You Need to Know
The recently passed Big Beautiful Tax Bill introduced a series of attention-grabbing tax changes but one provision could directly benefit millions of Americans is the creation of a new tax deduction for auto loan interest.
Estate Tax Exemption Raised to $15 Million Under the Big Beautiful Tax Bill: What It Means for Your Estate Plan
The newly enacted “Big Beautiful Tax Bill” includes a wide range of updates to the tax code, but one of the most impactful—and underreported—changes is the significant increase in the federal estate tax exemption. Under the new law, the federal estate tax exemption rises to $15 million per person, or $30 million for married couples with proper planning.
Trust Roles Easily Explained: Grantor, Trustee, and Beneficiary
Trust Roles Explained Easily: Whether you're setting up a trust or are currently an interested party in a an existing trust, understanding who does what is essential.
Should Your Investment Strategy Change when You Retire
Should your investment strategy change when you retire? Most people don’t realize how much the answer impacts taxes, income, and long-term security. Retirement isn’t the end of your financial planning—it’s the start of a new phase. Your goals shift from growth to income, and your investment strategy should evolve with them.
