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Podcast: Maximizing Outcomes
Episode: How the âOne Big Beautiful Billâ Could Save (or Cost) You Thousands
Description: The âOne Big Beautiful Bill Actâ (OBBBA) is now law, and itâs packed with new deductions, credits, and incentivesâbut also with phaseouts and timing traps that could wipe away your benefits. In this episode of Maximizing OutcomesÂŽ, Jim McGovern walks through the key provisions that impact individuals, retirees, and business owners, and shares practical ways to turn these tax changes into opportunities.
From the expanded SALT deduction and senior tax breaks to powerful business-owner strategies like qualified small business stock exclusions, Jim breaks down whatâs changed, whatâs stayed the same, and how to align your fi...