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August 21, 2025 • 15 mins

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Big tax law changes always bring big rumors. But before you assume Social Security is now tax-free or that you’re getting a $40K deduction just for breathing, let’s set the record straight on what this new bill didn’t actually do. In this episode, Sean breaks down the One Big Beautiful Bill and clears up some of the biggest myths still circulating. Confused by headlines or worried you missed out? This episode breaks down what’s real, what’s rumor, and how to plan smarter moving forward.

Here’s what we discuss in this episode:

🧾 Are Social Security taxes going away?

💵 Tax cuts aren’t for everyone

❤️ What’s changed with charitable giving

🚗 The truth about car loan deductions

Contact us:

(801) 639-0095

slee@erg-slc.com

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