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Breaking Down the Big Beautiful Bill, Ep #243

Financial Symmetry

Tax season may feel far off, but with sweeping legislative changes just passed, proactive financial planning starts now. In this episode, we’re sharing our accessible, in-depth breakdown of the new Big Beautiful Bill, highlighting ten key tax provisions that every taxpayer should understand.

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Model Portfolios Portend the End of 'Traditional' Financial Advice

Wealth Management

According to Statista , the robo-advisory market is expected to reach $7 trillion in AUM at the end of 2029. Advisors leveraging model portfolios can choose to place a greater focus on planning, tax, insurance, and niche alternatives—and do not forget asset gathering. And that’s before we even consider the impact of robo advisors.

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One Big Beautiful Bill – Highlights

Mullooly Asset Management

SALT Deduction Increase: From $10,000 to $40,000 (indexed for inflation through 2029) — but phased out at certain income levels. Tax Brackets from the 2017 Tax Cuts and Jobs Act are now permanent for individuals and businesses 3. “No Tax on Tips” – not exactly 4. One Big Beautiful Bill Key Takeaways: 1.

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Major Tax Changes: The 2025 One Big Beautiful Bill (OBBB)

Darrow Wealth Management

The “One Big Beautiful Bill Act” (OBBB Act), signed into law by President Trump on July 4, 2025, represents a massive overhaul of federal tax policy. The expanse and complexity of the new tax bill cannot be understated. Please discuss your situation with a CPA or qualified tax advisor.

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How Moving Across State Lines Could Impact Your Tax Bill (Especially if You Receive Equity Compensation)

Zajac Group

But there’s another piece of the puzzle to consider once the dust has settled—how moving might impact your tax situation. When you change your state of domicile (essentially your permanent residence), do you know how it will impact your tax liability, and more specifically your equity compensation?

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How the One Big Beautiful Bill Impacts Tax Advisors

Harness Wealth

Tax professionals everywhere are assessing its implications for clients, including new thresholds, deadlines, and the best ways to educate clients. This landmark legislation makes many Tax Cuts and Jobs Act (TCJA) provisions permanent while introducing significant new deductions and credits. A new 0.5%

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One Big Beautiful Bill Act: Here’s How Your Taxes Could Be Impacted

Zajac Group

Passing in early July 2025, the One Big Beautiful Bill Act (OBBBA) implements sweeping changes to the current tax landscape, as well as federal funding, clean energy initiative rollbacks, and more. TCJA Provisions Made Permanent During his first term, President Trump signed into law the 2017 Tax Cuts and Jobs Act.