The Daily Lowdown - July 22 2025

The Tuesday Lowdown ⬇️

You guys yelled. We listened. A job board is coming.

We’re building it now. Get ready.

💎 WTF of the Day

A Third of Americans Are Financially Screwed If a Disaster Hits

Wildfires, floods, hurricanes, they’re coming. And 32% of Americans haven’t done a single thing to prep their finances. No emergency fund. No updated insurance. No will. Just vibes.

Most are still ignoring the boring stuff that actually helps, checking coverage, listing out valuables, and keeping some cash on hand in case the power’s out and your bank’s offline.

If you run a business, it’s even riskier, lost revenue, lost customers, ruined inventory. One hit and you're toast.

The advice isn’t sexy. But it’s simple: prepare now, or pay big later.

Source: finance yahoo

💎 What’s poppin in accounting

100% Bonus Depreciation Is Back

The IRS just brought back 100% bonus depreciation for good. That means if your client buys a property or upgrades lighting, floors, equipmen, they can write off the full cost in year one.

But only if the contract was signed and the work started after Jan 19, 2025. Miss that date? They might only get 40%. This is a major tax break and now it’s permanent.

But if CPAs aren’t watching those dates closely, clients could leave serious money on the table.

 📊 Weekly Trend Chart

Bitcoin’s the Main Character Again

Crypto’s booming… but it’s basically just Bitcoin. It hit $123K this week and now makes up 63% of the entire crypto market.

Why? Congress finally passed a law to regulate crypto. Big Wall Street money jumped in. And now Bitcoin is acting less like a gamble and more like a “safe-ish” bet for rich people.

Meanwhile, most other coins? Still sitting in the corner.

#😂 

😂 😂 


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