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Trump Accounts jumpstart the American Dream.

cpa1dev on January 21, 2026

We’re building long-term financial security for millions of children by creating tax-advantaged investment accounts for U.S. citizens under the age of 18. Coming in July, 2026.

Get $1,000 for every American child born between January 1, 2025 and December 31, 2028.

The account is fully in your child’s name, and you are the sole custodian until they turn 18. No contributions necessary—but you can deposit up to $5,000 per year to maximize growth

Launching July 5, 2026

  • Enroll your child by making an election when you file your taxes
  • A financial institution will receive your funds and activate your account.
  • Sit back and watch the money grow. Contribute anytime (or not).

Big things  start with small steps.

Jumpstart their financial future

Build your child’s financial foundation right from the beginning. With $1,000 from the U.S. Treasury, your child has a huge head start on the American dream.

The power of time in the market

Your account balance will grow over time on its own, whether you choose to contribute additionally or not. You may contribute up to $5,000 per year to accelerate gains.

Proven winners. All-American growth.

Your child’s funds will automatically be invested in American companies. The app lets you see exactly what stocks they own and how they’re performing.

Growing their finances. And their education.

As they get older, they’ll learn about investing and watch their money compound in real time. They’ll gain more than just money. They’ll gain financial literacy.

At 18 the Trump Account is all theirs

They’re free to continue letting it grow, or they can withdraw funds right away to use for things like education or a home—with all the tax advantages of a traditional IRA.

Your child's account grows with them.

Contributing to your child's Trump Account is optional. The balance will continue to grow over time, with or without contributions.

contributing $0/year:

$5,800

Over 18 years

Contributing $250/year:

$20,700

Over 18 years

Contributing $5,000/year:

$303,800

Over 18 years

Estimates are for illustration only and are based on an account opening at birth with $1,000 opening deposit and are derived from historical S&P 500 averages. Actual results may differ and are not guaranteed.

New Tax Law Changes For 2026 Tax Returns: Tax Provisions Part 2

cpa1dev on December 16, 2025

Business Tax Provisions

Permanently restores immediate expensing for domestic research a,nd development (R&D) expenses; small businesses with gross receipts of $31 million or less can retroactively expense R&D back to after December 31, 2021; all other domestic R&D between December 21, 2021 and January 1, 2025 can accelerate remaining deductions over a one- or two-year period.

Permanently reinstates the EBITDA-based limitation on business net interest deductions.

Permanently restores 100 percent bonus depreciation for short-lived investments.

Temporarily provides 100 percent expensing of qualifying structures, with the beginning of construction occurring after January 19, 2025, and before January 19, 2029, and placed in service before January 1, 2031.

Makes the Section 199A pass-through deduction permanent; increases phase-in range of limitation by $50,000 for non-joint returns and $100,000 for joint returns.

Implements a one percent floor on deduction of charitable contributions made by corporations.

NEW TAX LAW CHANGES FOR 2026 TAX RETURNS AND THEREAFTER

cpa1dev on December 4, 2025

As the TCJA changes were set to expire at the beginning of 2026, the 2025 One Big Beautiful Bill makes many of these once-temporary changes permanent. Much of what takes effect beginning in 2026 is, a permanent continuation of the TCJA of 2017.

While there are a handful of changes that are retroactive to 2025, most of the changes in the One Big Beautiful Bill take effect on January 1, 2026. Some are permanent, while others last a few years. In addition to the tax-year 2025 retroactive changes, 2026 and thereafter tax changes include many changes, including:

AMT

Makes the increase in the alternative minimum tax (AMT) exemption permanent; reverts AMT exemption phaseout thresholds to 2018 levels of $500,000 for single filers and $1 million for joint returns, indexed for inflation thereafter; increases the phaseout rate.

Increase of Estate Tax Exemption

Permanently increases the estate and lifetime gift tax exemption to an inflation-indexed $15 million for single filers, and $30 million for joint filers, beginning in 2026.

Above the Line Charitable Contributions

Creates a permanent $1,000 above-the-line deduction for charitable contributions ($2,000 for joint filers).

Limits on the Value of Itemized Deductions

Limits the value of itemized deductions to 35 cents on the dollar for taxpayers in the top tax bracket. 0.5 percent floor on charitable contributions in order to take them as an itemized deduction.

  • Elimination of Personal and Dependent Exemptions
  • Increased Standard Deductions
  • Increased Standard Deductions
  • Current Tax Brackets
  • Increased Child Tax Credit
  • $750,000 Deductible Personal Mortgage Limit
  • Limitation on Personal Casualty Losses, Miscellaneous Itemized Deductions, and Moving Expense Deduction for Most Taxpayers
  • Increased AMT Exemption
  • Deduction for Qualified Business Income (QBI) at 20%

New Tax Law Changes For 2025 Tax Returns Part 1

cpa1dev on October 30, 2025

Most of the changes in the One Big Beautiful Bill take effect on January 1, 2026, but some are retroactive and could impact 2025 tax returns. Many of the changes have certain requirements, such as adjusted gross income limits, and some are temporary. Changes that might affect most 2025 tax returns include:

– Additional Senior Deduction

Temporarily adds a senior deduction of $6,000 for each qualifying individual for both itemizers and non-itemizers, which phases out When the modified adjusted gross income exceeds $75,000, it is available from 2025 through 2028.

– Increased State and Local Tax (SALT) Itemized Deduction

Temporarily increases the cap on the itemized deduction for state and local taxes (SALT) to $40,000 for 2025, and increases the cap by one percent each year from that level through 2029, subject to a phaseout for taxpayers with incomes above $500,000, then reduces the cap to a flat $10,000 thereafter.

– Increase in the Standard Deduction

Makes the standard deduction increase permanent with an enhancement, starting in 2025 at $31,500 for joint filers, $23,625 for head of household, and $15,750 for all other filers, inflation-adjusted thereafter.

-No Tax on Tips

Temporarily makes up to $25,000 of tip income deductible for individuals in traditionally and customarily tipped industries for tax years 2025 through 2028; deduction phases out at a 10 percent rate when adjusted gross income exceeds $150,000 ($300,000 for joint filers).

-No Tax on Overtime

Temporarily makes up to $12,500 ($25,000 for joint filers) of the premium portion of overtime compensation deductible for itemizers and non-itemizers for tax years 2025 through 2028. The deduction phases out at a 10 percent rate when adjusted gross income exceeds $150,000 ($300,000 for joint filers).

-Deduction for Interest Payments on Certain Vehicles

Temporarily makes auto loan interest deductible for itemizers and non-itemizers for new autos with final assembly in the United States for tax years 2025 through 2028; deduction limited to $10,000, and phases out a a 20 percent rate when income exceeds $100,000 for single filers and $200,000 for joint filers.

More good news to come! Al Minor, COO, L. Lopez CPA and Associates