Interest paid on a loan to purchase a qualifying passenger vehicle for personal use may be deducted for tax years 2025 through 2028. This provision is subject to qualifiers
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Deductible Car Loan Interest
December 18, 2025Charitable Deduction Is Back
August 28, 2025
Druing the pandemic Congress created a provision of the tax law enabling a maximum of $600.00 to be deductible from your tax return. During the recent revision of the tax code Congress brought back this provision and expanded the aib
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New Tax Deduction For Seniors
August 28, 2025
Seniors age 65 and older should pay close attention to a new tax deducition just for you. Effective for this tax year indiviuals age 65 or older by year-end may claim $6,000 on a single tax return and $12,000 filing a joint tax return. The deduciton is phased out if starting at income of $75,000 for single and $150,000 for married filing jointly. The taxpayers must have a valid Social Security Number.
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Travel Loyalty Programs Save Money and Elevate Experience
April 1, 2025I sometimes think my desire to explore places beyond my local environment is genetically linked. For more than two decades my wife and I have explored places near and far. Over the years I have fine tuned how to maximize our travel experience while minimizing the economic cost. For the past several years several of my financial planning clients and friends have suggested I share how I elevate our travel lifestyle for the least amount of dollars spent. I thought that few would want to read
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Secure Act 2.0 Update
July 11, 2022
The SECURE 2.0 legislation passed by the House makes positive strides towards helping a greater number of Americans prepare for retirement. The bill includes numerous provisions aimed at simplifying and further incentivizing retirement savings plans offered by employers. The provision making it easier for plans to offer lifetime income options, such as annuity products, will provide retirement savers and the planning professionals they work with greater flexibility to create plans to meet
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