New House Tax Bill Drops: Expanded Deductions & Credits in 2025

Trump Accounts are a new retirement account for children that allow families to contribute up to $5,000 per year without earned income. While the account initially functions like a traditional IRA, its real value lies in the ability to convert it to a Roth IRA at age 18. With proper planning, Trump Accounts can become one of the most powerful tools for creating decades of tax-free growth for a child’s future.

Setting up an LLC? Don’t just fill out a form and hope for the best. In Part 2 of Mat Sorensen’s LLC Masterclass, you’ll learn the four key steps to setting up your LLC the right way—plus critical tips on tax elections, operating agreements, and choosing the right state. If you want asset protection, clean books, and IRS compliance, this guide walks you through exactly how to do it.

Not sure if you really need an LLC? In Part 1 of Mat Sorensen’s LLC Masterclass, you’ll learn the four key scenarios where an LLC is essential—and what you’re risking if you don’t have one. From asset protection to partnerships and real estate, this guide walks through when and why to form an LLC, plus critical tax considerations to avoid costly mistakes.