This bill is packed with changes—some extensions, some brand-new provisions—and while it’s not law yet (it still needs to clear the Senate), it’s already shaping major tax and financial planning conversations. So let’s break down what passed and what it could mean for your bottom line.
WHAT YOU’LL LEARN:
- How tax brackets and inflation adjustments affect MedSpa owners.
- What's happening with the standard deduction increases and age-based bonuses.
- SALT cap changes and the repeal of the PTE tax workaround.
- What to know about the expanded QBI deduction for service professionals.
- The introduction of MAGA savings accounts.
- Planning opportunities for MedSpa owners in light of the new bill.
RESOURCES:
Tags:
medspa owner, market timing, long-term investing, financial discipline, compound growth, emotional investing, investment strategy, retirement planning, wealth accumulation, stock market volatility, consistent savings
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