Latest / The Jeff Trapp Podcast
Breaking Down the "One, Big, Beautiful Bill" (2025 Tax Shift)
A sweeping 389-page tax proposal is on the table—one that could significantly impact the planning strategies of business owners, investors, and high-income earners. In this episode of The Jeff Trapp Podcast, Jeff breaks down the newly expanded “One, Big, Beautiful Bill”—from the new 23% 199A deduction to proposed MAGA accounts and the extended IRS audit window.💡 Key takeaways include:What’s changing with deductions, depreciation, and 1099 thresholdsWho benefits (and who loses) under this billWhat to watch for in 2025 if you're tax-savvyIf you're a high-income earner or entrepreneur looking to…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.