⚠️ The Tax Brackets Are Changing — Here’s What That Really Means:
Yes, the Tax Cuts and Jobs Act (TCJA) changed a lot — but here’s what most folks don’t realize:
👉 It was passed through budget reconciliation.
👉 That makes it temporary.
👉 And it expires after 2025.
Which means… the 22% tax bracket that some may be in today?
Could jump to 25% in 2026 — unless something changes.
Now here’s the plot twist:
The current administration is already lobbying hard to make some of these cuts permanent.
Especially the tax brackets.
So what’s a business owner supposed to do?
✅ Stay informed.
✅ Act strategically.
✅ And… read the fine print.
You’ve probably seen viral headlines like:
“TIPS AREN’T TAXABLE ANYMORE!”
Let’s slow down.
The actual draft that has passed in the House of Representatives says:
💵 No income tax on cash tips up to $25,000.
Some have argued that’s no benefit at all because most people don’t actually report their cash tips … that is, until y...