Hi, Rick Talbert, CPA Trendlines with Art Werner, Tax Guru.

Hi, Art Werner here for what is going to be tip number two on Trump accounts.

So this is tip two.

My first one dealt with what is the Trump account.

Now I want to deal with some key aspects of Trump accounts.

I mentioned in my first tip that the Trump account was established under the big beautiful bill.

For those of you who like internal revenue code sections, it's code section 530 cap A.

Hi, Rick Talbert, CPA Trendlines with Art Werner, tax guru.

Hi, Art Werner here, and I'm actually going to be presenting a number of tips on Trump accounts, and this is the first one.

The idea of the Trump account is essentially one of the best provisions that we have seen from a planning perspective for clients.

Here's the problem that I see right away.

It's the name Trump.

There are clients of yours who love President Trump.

There are clients who hate him.

Hi, Rick Telberg, CPA Trendlines with Art Werner, tax guru.

Hi, Art Werner here.

How much do you really know about Trump accounts? I think that it is important that everyone really understand this concept, and so we created a series of tax tip videos on Trump accounts.

We go from soup to nuts.

What are they? How do we use them? How do we compare these to other investments and other opportunities? Where the tax benefits are and where there are maybe some, uh, issues that we have to address.

We'll even look at the fringe benefit opportunities within the Trump account arena.

And by the time you're done watching this series of videos over the next several weeks, you will be a Trump account expert, and you'll be able to go to your clients, advise them accordingly, and show them how to navigate the waters using what could be an extremely good opportunity.