Learn about the BIGGEST tax changes in years! The "One, Big, Beautiful Bill Act" brings revolutionary tax breaks for working Americans, seniors, and families.
Revolutionary new deduction for tipped workers - deduct qualified tips
Up to $25,000 per year
Phases out over $150K single / $300K joint
Deduct the extra portion of overtime pay (the 'half' in time-and-a-half)
Up to $12,500 ($25,000 joint)
Phases out over $150K single / $300K joint
Deduct interest on loans for new vehicles assembled in USA
Up to $10,000 per year
Phases out over $100K single / $200K joint
Additional deduction for taxpayers age 65 and older
$6,000 per person ($12,000 married)
Phases out over $75K single / $150K joint
Updated standard deduction amounts for 2025
$15,750 Single | $31,500 Married Filing Jointly | $23,625 Head of Household
SALT deduction cap raised from $10,000 to $40,000
$40,000 (phases down for high earners)
Child Tax Credit increased by $200 per child
$2,200 per qualifying child
Maximum EITC for working families
Up to $8,046 (3+ children)
Employee deferral limit for 401(k), 403(b), 457 plans
$23,500 (Under 50) | $31,000 (Age 50+)
HSA contribution limits for high-deductible health plans
$4,300 Self-Only | $8,550 Family
Permanent rule allowing telehealth before meeting deductible
Can receive telehealth & still contribute to HSA
Government contributes $1,000 for newborns 2025-2028
$1,000 federal contribution + up to $5,000/year private
Federal estate tax exemption amount
$13,990,000 (2025) | $15,000,000 (2026+)
Our expert tax professionals are here to help you navigate these changes and maximize your refund!