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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 billโand your deductionsโcould look very different.
๐ Tom explains:
โข How the current SALT deduction limits impact taxpayers
โข What could happen if Congress makes a move
โข 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!
๐ Subscribe for more retirement planning tips! #Taxes #RetirementPlanning #FinancialFreedom
Jump to a segment using the ๐๐ถ๐บ๐ฒ๐๐๐ฎ๐บ๐ฝ๐ ๐ฏ๐ฒ๐น๐ผ๐! ๐
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/
==============================================
If you enjoy this content, please ๐๐๐๐๐๐๐๐๐! https://www.youtube.com/channel/UCPMvD3G1cZA1Kz4CKnwynhA?sub_confirmation=1
==============================================
โญ ๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐ ๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐โญ
- Facebook: https://www.facebook.com/mosleyeaseintoretirement
- Instagram: https://www.instagram.com/easeintoretirement/
- LinkedIn: https://www.linkedin.com/company/mosley-wealth-management
Learn the key components you need to include in your retirement plan, check this video out: https://youtu.be/QkJzvbZ_gDs
#StateandLocalTaxDeductions
#Taxes
#RetirementMoney
#Planningforretirement
#RetirementIncome
#RetirementPlanning
#RetirementStrategy
#FinancialEducation
#FinancialLiteracy
#HowToRetireEarly
#RetirementPlanningAt50
#RetirementPlanningAt60
#HowMuchDoINeedToRetire
#HowToRetireEarly
#RetirementPlanningTips
#FinancialAdvisor
#SocialSecurity
DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (โMWMโ). 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.
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 billโand your deductionsโcould look very different.
๐ Tom explains:
โข How the current SALT deduction limits impact taxpayers
โข What could happen if Congress makes a move
โข 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!
๐ Subscribe for more retirement planning tips! #Taxes #RetirementPlanning #FinancialFreedom
Jump to a segment using the ๐๐ถ๐บ๐ฒ๐๐๐ฎ๐บ๐ฝ๐ ๐ฏ๐ฒ๐น๐ผ๐! ๐
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/
==============================================
If you enjoy this content, please ๐๐๐๐๐๐๐๐๐! https://www.youtube.com/channel/UCPMvD3G1cZA1Kz4CKnwynhA?sub_confirmation=1
==============================================
โญ ๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐ ๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐โญ
- Facebook: https://www.facebook.com/mosleyeaseintoretirement
- Instagram: https://www.instagram.com/easeintoretirement/
- LinkedIn: https://www.linkedin.com/company/mosley-wealth-management
Learn the key components you need to include in your retirement plan, check this video out: https://youtu.be/QkJzvbZ_gDs
#StateandLocalTaxDeductions
#Taxes
#RetirementMoney
#Planningforretirement
#RetirementIncome
#RetirementPlanning
#RetirementStrategy
#FinancialEducation
#FinancialLiteracy
#HowToRetireEarly
#RetirementPlanningAt50
#RetirementPlanningAt60
#HowMuchDoINeedToRetire
#HowToRetireEarly
#RetirementPlanningTips
#FinancialAdvisor
#SocialSecurity
DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (โMWMโ). 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.