EASE Into Retirement

Epsisode 147: "Could Your State & Local Tax Deductions Change this Year? The Great SALT Deduction Shake-Up!


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In this video, Tom breaks down the latest updates on State and Local Tax (SALT) deductions and the potential shake-up that could happen if Congress revisits the Tax Cut & Jobs Act this year. If changes are made, your tax billโ€”and your deductionsโ€”could look very different.

๐Ÿ‘‰ Tom explains:

โ€ข How the current SALT deduction limits impact taxpayers

โ€ข What could happen if Congress makes a move

โ€ข And one key tip you can consider now to potentially save money if the rules change


Don't miss this timely discussion to stay ahead of potential tax changes and protect your financial future!


๐Ÿ”” Subscribe for more retirement planning tips! #Taxes #RetirementPlanning #FinancialFreedom


Jump to a segment using the ๐˜๐—ถ๐—บ๐—ฒ๐˜€๐˜๐—ฎ๐—บ๐—ฝ๐˜€ ๐—ฏ๐—ฒ๐—น๐—ผ๐˜„! ๐Ÿ‘‡


TIMESTAMPS

00:00 The Great SALT Shake Up

01:00 How the Tax Cut & Jobs Act impacted SALT deductions

01:43 Why the Government made the change

02:23 Status of SALT, the potential changes & impact on deductions

05:45 One tip to save money should the tax rules change.

07:19 Why you need to stay informed & pay attention to tax changes this year.


Have specific questions for Tom and the team at Mosley Wealth Management?

Contact us here https://mosleywealthmanagement.com/contact/


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DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (โ€œMWMโ€). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766. Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.


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EASE Into RetirementBy Tom Mosley