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Elite Financial Group

Trump’s ‘one big beautiful’ bill passes ‘SALT’ deduction limit of $40,000. Here’s who benefits

by Elite Financial Group | Jul 3, 2025 | Personal Finance

President Donald Trump’s “one big beautiful” bill raises the “SALT” deduction cap to $40,000. Here’s who will benefit.Read More…

Tax changes under Trump’s ‘big beautiful’ bill — in one chart

by Elite Financial Group | Jul 3, 2025 | Personal Finance

These are some of the key tax changes in President Donald Trump’s “big beautiful” bill and how the current law compares to the new legislation.Read More…

Trump ‘big beautiful’ bill gives top 1% biggest tax cuts in these states

by Elite Financial Group | Jul 3, 2025 | Personal Finance

The highest earners in Wyoming, South Dakota and Texas stand to get a tax cut of more than $100,000, according to the Institute on Taxation and Economic Policy.Read More…

Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’

by Elite Financial Group | Jul 3, 2025 | Personal Finance

Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under the One Big Beautiful Bill.Read More…

Why Trump tax deductions — for tips, car loans and more — may not carry large benefits for low earners

by Elite Financial Group | Jul 2, 2025 | Personal Finance

Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t benefit low earners much.Read More…

Trump megabill axes $7,500 EV tax credit after September

by Elite Financial Group | Jul 1, 2025 | Personal Finance

Senate Republicans passed a multitrillion-dollar bill Tuesday that eliminates tax breaks for consumers who buy or lease electric vehicles.Read More…
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