Posts tagged tax tips
Episode 30 - SALT Caps, EV Credits, and Tax Tips: Planning for 2025
Episode 30 - SALT Caps, EV Credits, and Tax Tips: Planning for 2025

It’s that time of year – when we need to start thinking ahead to 2025!

In this special episode, Deb Meyer shares year-end tax planning strategies following the recent election. Highlights include:

  1. 2025 Tax Landscape: Potential extensions to the Tax Cuts and Jobs Act, changes to state and local tax (SALT) deduction limits, and strategic timing for estimated tax payments.

  2. Electric Vehicle Credits: Tips on maximizing the $7,500 EV credit in 2024 and considerations for foreign car purchases ahead of tariff changes.

  3. Small Business Tax Planning: Importance of year-end projections, managing estimated taxes, and finding a proactive CPA.

  4. Additional Tax-Smart Strategies

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, tax planning, financial strategies, election results, tax landscape, personal calling, political climate, state and local tax deduction, high-tax states, electric vehicles, tariff changes, relocation, tax challenges, tax-efficient strategies, college 529 plan, tax loss harvesting, qualified charitable distributions, tax efficiency, evolving regulations, tax compliance, tax tips, year-end, foreign-made cars, misconceptionsComment
Episode 7 - Guiding Parents to Tax Filing Success
Episode 7 - Guiding Parents to Tax Filing Success

Tax season can be a wild ride, especially for parents hustling to maximize their returns. But don't worry; we've got CPA and tax expert Logan Allec on the show today to guide you through the tax maze. In today's chat, we'll tackle the puzzling 1098T forms, share top-notch tips for handling tax papers, and even spill the beans on choosing the best tax software.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, tax season, tax documents, tax credits, childcare deductions, tax software, crypto reporting, tax preparation, tax refunds, tax preparer, tax tips, education expenses, tax debt, tax assistance, payroll tax compliance, tax planning, tax professionals, tax wisdom, tax issues, tax obligationsComment