#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 Matters 00:00 - 00:02:25 Expiring Tax Provisions in 2026 00:02:25 - 00:03:32 Standard Deduction & Income Tax Rates 00:03:32 - 00:09:07 Child Tax Credit Breakdown 00:09:07 - 00:10:59 State and Local Tax (SALT) Deduction Debate 00:10:59 - 00:15:13 No Tax on Tips & Overtime Explained 00:15:13 - 00:20:14 Small Business Tax Breaks (QBI & Bonus Depreciation) 00:24:02 - 00:29:27 House vs. Senate: Final Comparison 00:29:27 - 00:30:25 Grab my FREE Ultimate Tax Strategy Guide HERE! Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification. You don"t want to miss this! Secure your tickets for the most significant business, tax & legal event of the year: Main Street 360 Looking to connect with a rock star law firm? KKOS is only a click away! Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler Craving more content? Check out my Instagram!