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July 8, 2025
2025 Tax Update What 1099 Healthcare Workers Should Know About H.R. 1 (The Big Beautiful Bill)
The new federal tax law, H.R. 1 (“The One Big Beautiful Bill”), introduces key changes for 1099 healthcare professionals like travel nurses and therapists. QBI Deduction Made Permanent: The 20% pass-through deduction for qualified business income remains in place, encouraging review of business structure (LLC, S-Corp, etc.). SALT Deduction Cap Raised: The state and local...
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