All Episodes

August 14, 2025 7 mins

You work hard for your money, and every dollar counts.

So when a massive new tax law promises a "middle-class tax cut," what does that actually mean for your paycheck?

Forget the political spin; this is about the real numbers and how they affect you.


On this episode of our special series of the 5-Minute PRIME Podcast, host Martin Maxwell provides a clear, practical guide to the "One Big Beautiful Bill Act" specifically for individuals and families earning under $100,000 a year.

Tune in to learn:

  • The Power of the New Standard Deduction: How this single change simplifies filing and could be the biggest tax break you get.
  • New Perks for Workers: A deep dive into the brand new, temporary deductions for tip income, overtime pay, and even auto loan interest. Who qualifies and how much could you save?
  • A Boost for Families & Seniors: Understanding the increased Child Tax Credit and the new deduction for seniors.
  • Real-World Scenarios: We'll run the numbers for a single parent in the service industry and a young working family to show the real-world impact on their tax bill.

Is this new law a genuine win for working Americans, or is the fine print more complicated? Subscribe now to get the essential breakdown for your income bracket.


Thank you for tuning in to the 5-Minute PRIME Podcast! Ready for more tips to master personal finance and real estate investing? Visit REIPrime.com for additional resources and strategies to build your wealth. Don’t forget to subscribe, leave a review, and share this episode with someone looking to level up their finances. Follow us on social media for daily updates and more actionable advice!

Mark as Played

Advertise With Us

Popular Podcasts

Stuff You Should Know
Cardiac Cowboys

Cardiac Cowboys

The heart was always off-limits to surgeons. Cutting into it spelled instant death for the patient. That is, until a ragtag group of doctors scattered across the Midwest and Texas decided to throw out the rule book. Working in makeshift laboratories and home garages, using medical devices made from scavenged machine parts and beer tubes, these men and women invented the field of open heart surgery. Odds are, someone you know is alive because of them. So why has history left them behind? Presented by Chris Pine, CARDIAC COWBOYS tells the gripping true story behind the birth of heart surgery, and the young, Greatest Generation doctors who made it happen. For years, they competed and feuded, racing to be the first, the best, and the most prolific. Some appeared on the cover of Time Magazine, operated on kings and advised presidents. Others ended up disgraced, penniless, and convicted of felonies. Together, they ignited a revolution in medicine, and changed the world.

The Joe Rogan Experience

The Joe Rogan Experience

The official podcast of comedian Joe Rogan.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.