We’re talking tax law today, friends. Which means we’ve officially hit rock bottom… or found our calling. One of the two.At the end of May 2025, the House passed what they lovingly call the “One Big Beautiful Bill Act.” (Yes, that’s the real name.) It’s not law yet — the Senate still has to weigh in — but this bill gives us a peek at what Congress is cooking up. And for doctors? There’s a lot to digest.In this episode, we break down the good, the bad, and the hairy parts of the bill — especially what could matter for dentists, physicians, and anyone living that W-2 or S-Corp life.The “Good” Stuff:QBI goes from 20% to 23% — and gets made permanentLower tax brackets & higher standard deductionsBonus depreciation returns to 100%AMT threshold raised (bye-bye, surcharge surprise)The “Bad” News:SALT deduction still capped and kind of meh if you’re over $400kMortgage interest deduction stays limited to $750kItemized deductions for W-2 expenses? Still gone.The “Hairy” Details:Pass-through entity tax workaround (PTET) almost got the axe — and could still be on the chopping blockA casual $4 trillion bump to the national deficitWhat might change when the Senate gets involvedGot questions or fired-up feedback? Email me at info@gouluru. I’d love to hear what you're seeing and thinking.When the Senate finishes its homework, we’ll be back with another update. Until then, don’t forget: boring bills can save you big money.CONTINUE THE CONVERSATIONLeave a comment in SpotifyYoutube: https://youtu.be/NEHO3nnm-AYLET’S CONNECTInstagram: https://www.instagram.com/travisslade.cpa/TikTok: https://www.tiktok.com/@travis.slade.cpaLET’S CONNECT Instagram: https://www.instagram.com/travisslade.cpa/ TikTok: https://www.tiktok.com/@travis.slade.cpa

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