Three Key Impacts of Trump's Tax Legislation on Your Finances

Reported about 18 hours ago

Julie Hyman discusses how President Trump's new tax legislation influences everyday Americans financially through three main changes: an expanded 529 college savings plan, the ability for workers to deduct up to $25,000 in tips from taxable income, and a deduction for up to $10,000 in car loan interest for eligible buyers. These changes aim to alleviate financial burdens related to education, service industry earnings, and vehicle purchases.

Source: YAHOO

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