🚨 The Final Version of Trump’s New Tax Bill Just Passed — Here’s What Changed.
Kris breaks down 7 major last-minute changes to the newly signed tax law — from capital gains exemptions and overtime pay to QBI deductions and estate tax thresholds. This legislation impacts millions of Americans — whether you’re an investor, small business owner, or just trying to keep more of your paycheck. These aren’t minor tweaks — they’re game-changing tax shifts you need to understand.
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⏱️ Timestamps:
00:00 - 01:12 - Intro
01:12 - 02:08 - TCJA Extension
02:08 - 03:02 - Capital Gains Exemption
03:02 - 03:43 -Tax on Tips and Overtime Pay
03:43 - 04:03 - Make a Gameplan
04:04 - 05:02 - QBI Deduction
05:02 - 05:43 - SALT Deduction
05:43 - 06:19 - Estate Tax Threshold
06:19 - 07:03 - Gambling Tax
07:03 - 10:08 - Conclusion
📊 What You’ll Learn:
• What actually made it into the final bill
• Why Trump’s 2017 tax cuts (TCJA) were only partially extended
• How capital gains, QBI, SALT, and estate taxes are shifting
• How tips and overtime pay just became tax-free for millions
• Who benefits the most — and who’s getting hit
• How to adjust your income strategy, business, and investments to win under this new law
• And a surprise gambling tax no one saw coming…
⚠️ This tax bill is moved FAST through Congress, and was signed into law on July 4th, 2025. The time to plan is now.
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Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred either directly or indirectly, using any of the information contained in this document. Also, Kris Krohn, this video, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. Homes and information about homes in this video (if any) are historical examples, where past performance does not predict future results. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.
NO INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE
The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Kris Krohn is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle.
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Mr. Krohn has a financial interest in MPI Insurance Services, LLC (MPI), a licensed insurance brokerage agency incorporated..
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