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The “Big Beautiful Bill” is a massive piece of legislation that dramatically changes tax law in America. This bill also includes new policies and provisions for many other areas such as border security, energy, spending reductions, and more. This legislation includes many of the policy changes that President Trump promised on the campaign trail.

In this video, tax expert Karlton Dennis explains all of the key provisions of the Big Beautiful Bill in full detail. His explanation informs viewers of all of the critical new information related to this bill. From the latest updates to the bill, to its length, to the specific changes it contains, Karlton reveals an abundance of useful information about the Big Beautiful Bill.

The Tax Cuts and Jobs Act became one of the hallmark pieces of legislation that was passed during President Trump’s first term. The Big Beautiful Bill will likely serve the same role for President Trump’s second term. If you are looking for a full explanation of the Big Beautiful Bill, this is the video for you.

CHAPTERS:
0:00 Intro
0:55 Key Provisions of the Big Beautiful Bill
0:58 Tax Provisions
1:46 No Taxes on Tips
2:13 Auto Loan Interest Deduction
2:43 SALT Deduction Adjustments
3:07 Child Tax Credit (CTC)
3:39 Standard Deduction
4:18 Senior Deduction
4:49 Trump Accounts
5:51 Estate Taxes
6:17 Repeal of Clean Energy Credits
7:05 Business Tax Incentives
7:07 Bonus Depreciation
7:56 Research and Development
8:19 QBI Deduction
9:07 Section 179
9:28 Spending and Other Provisions
9:30 Medicaid Cuts
9:49 SNAP Reforms
10:23 Border Security
10:43 Energy Policy
11:03 Miliary Spending
11:20 Aviation and Infrastructure
11:31 Debt Ceiling Increase
11:56 Deficit Increase
12:16 Economic Projections
12:27 Current Sentiment
12:46 What Was Left Out of the Bill?
13:56 Tax-Free Wealth Challenge - August 2025 Promo
14:30 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.

#trumptaxbill #bigbeautifulbill #taxstrategy