Big tax law changes always bring big rumors. But before you assume Social Security is now tax-free or that you’re getting a $40K deduction just for breathing, let’s set the record straight on what’s really changing. If you’ve been hearing wild claims about tax-free retirement or giant write-offs, this conversation may just be the reality check you need.
Here’s some of what we discuss in this episode:
🧾 New Social Security deductions for seniors 65+
💰 Not everyone gets a tax cut, despite the hype
🏡 Estate tax tweaks don’t replace actual planning
🙌 Changes to the charitable deduction
💵 Tips under $25K are tax-free… for now
One Big Beautiful Bill Act Summary: https://www.congress.gov/bill/119th-congress/house-bill/1
Get in touch:
Phone: 661-775-3704
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