Tax Expert Explains the Biggest Tax Changes of the Last Year

JOIN THE TAX-FREE MILLIONAIRE SUMMIT! MARCH 10-12, 2026 https://join.taxalchemy.com/tax-free-millionaire-summit-march-page?utm_source=youtube&utm_medium=description&utm_campaign=kd344-biggest-tax-changes-of-last-year

Book a Professional Tax Assessment Call ▶ https://start.taxalchemy.com/consultation?utm_source=youtube&utm_medium=description&utm_campaign=kd344-biggest-tax-changes-of-last-year

Cost Segregation Tax Savings Calculator ▶ https://taxalchemy.com/cost-segregation-calculator?utm_source=youtube&utm_medium=description&utm_campaign=kd344-biggest-tax-changes-of-last-year

Download the Short-Term Rental Rule E-Book! ▶ https://ebook.taxalchemy.com/?utm_source=youtube&utm_medium=description&utm_campaign=kd344-biggest-tax-changes-of-last-year

We earn commissions when you shop through the links below.

Get Help Setting up Your LLC, Now ▶ https://shareasale.com/r.cfm?b=617326&u=2911896&m=53954&urllink=&afftrack=

The past year brought sweeping tax law updates that are already reshaping how individuals and businesses plan, spend, and save. These changes affect everything from paychecks and retirement income to business deductions and long-term investments. Whether you’re a W-2 employee, a small business owner, an investor, or a retiree, understanding how the new tax landscape works could have a meaningful impact on your financial future.

In this video, tax expert Karlton Dennis explains the most important tax changes of the last year. You need to be aware of these right now and why they matter. Karlton breaks down complex tax updates in a clear, easy-to-understand way so you can see how they may affect your income, deductions, and overall tax strategy. Rather than getting lost in technical details, this video focuses on the big-picture shifts that are influencing millions of taxpayers.

These tax changes could influence decisions you make throughout the year, from how you get paid to how you invest and plan for the future. Some updates may create new opportunities to keep more of what you earn, while others may quietly remove benefits people have relied on in the past. Knowing what’s changed — and what hasn’t — can help you make smarter financial moves going forward. If you want to stay ahead of the tax code and avoid costly surprises, this breakdown is a must-watch.

CHAPTERS:
0:00 Intro
0:21 100% Bonus Depreciation Restored
2:06 The SALT Deduction Cap was Raised to $40,000
3:12 Tax Cuts From TCJA Renewed
3:56 TFMS Promo
4:54 No Tax on Tips
5:57 Tax Breaks for Overtime Workers
6:55 Elimination of Many Green Energy Credits
8:26 Senior Deduction
10:14 Outro

*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.

#taxstrategy #taxplanning #karltondennis

Видео Tax Expert Explains the Biggest Tax Changes of the Last Year канала Karlton Dennis