Trump’s 2025 tax proposals could dramatically reshape the financial landscape for both individuals and businesses. Significant changes could include the elimination of taxes on Social Security income, tips, and overtime pay, providing relief to workers in various sectors. These proposals also extend to corporations, where Trump’s plan suggests a permanent reduction in the corporate tax rate to 21% and the full repeal of the corporate Alternative Minimum Tax (AMT). Additionally, the plan could bring new tax benefits, such as deductions for auto loan interest and expanded allowances for small businesses. While some of these measures may face uncertainty in Congress, others like the extension of the Tax Cuts and Jobs Act are expected to pass. 👉 Stay informed and learn how these shifts might impact your taxes, deductions, and financial planning as 2025 approaches. ✅ Schedule a Free Consultation:https://www.acapam.com/contact/Financial Advisor in Los Angeles, CACPA in Los Angeles, CAConnect with ACap on social media: 👇X: @acapam/Instagram: @acapadvisorsaccountantsFacebook: @ACapAdvisorsAccountantsLinkedIn: @acapadvisorsaccountants#trumptaxes #trumptaxplan #trump2024campaign #taxplanning  #taxplanningtips #trump2025 DISCLAIMER: THIS EPISODE IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS TAX, FINANCIAL, OR LEGAL ADVICE. EVERY PERSON’S SITUATION IS DIFFERENT AND YOU SHOULD CONSULT WITH YOUR OWN FINANCIAL AND TAX ADVISOR FOR ADVICE SPECIFIC TO YOUR SITUATION. COMMENTS ARE NOT REVIEWEDwww.acapam.com ACap's Financial Quick Tips

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