Aug 6, 2025
The One Big Beautiful Bill Act has been passed into law, and we dive into it’s details in this episode of Grow Money Business. We cover the changes to tax laws that you should know about, including planning opportunities around charitable giving, solar panels & EVs, Social Security, and the child tax credit. We also cover an article about the most important financial metric that even millionaires get wrong, the recent fed decision on interest rates, and the jobs report.
RESOURCES:
Even Multi-Millionaires Can’t Get This Basic Idea Right
bestinterest.blog/even-multi-millionaires-cant-get-this-basic-idea-right/
FAQ: The One Big Beautiful Bill Act Tax Changes
taxfoundation.org/research/all/federal/one-big-beautiful-bill-act-tax-changes/
Tax Provisions in H.R. 1, the One Big Beautiful Bill Act: House-Passed Version
congress.gov/crs-product/R48550