PSA: It's never been the WORST time to be JUST a W2 employee in America. The One, Big, Beautiful Bill just became law & I've been digging into it the past few weeks. There's a very different story depending on how you earn your income. ✅ Businessowners get access to a wave of new & sustaining tax breaks, write-offs, and deductions. More than ever before! ❌ W2 employees? The only real win is a small tweak to SALT (state and local tax) deductions. And even that is capped. W2 income continues to be the LEAST efficient way to build wealth, with the highest tax rates and fewest deductions. Tax codes are goated for businessowners! If you’ve ever considered: - starting a business - buying real estate - turning your hobby into a side hustle ...This is your sign! (You don't have to quit your job. Many of these benefits are available in addition to your W2 income.) TAKEAWAY: It's never been the BEST time to be a businessowner. (Good thing I personally love being one, tax incentives or not!) View original post on LinkedIn.