Wealth Financial Partners, LLC

01/29/2026

Thinking about solar, EVs, or energy-efficient upgrades?

Several energy tax credits expire under the One Big Beautiful Bill Act including:
🚗 Clean vehicle credit
🏠 Residential clean energy credit
🔋 Energy-efficient home improvement credit

The IRS has published FAQs to help with eligibility and phase-out timelines.

Call for more information, but don’t make any changes until you speak with your tax, legal, or accounting professional.



Source: IRS.gov, September 16, 2025

01/27/2026

Starting in 2026, eligible taxpayers may deduct:
🔹Up to $25,000 in reported tips
🔹Up to $12,500 in overtime compensation ($25,000 if married filing jointly)

These deductions phase out for higher-income taxpayers.

Call for more information, but don’t make any changes until you speak with your tax, legal, or accounting professional.



Source: IRS.gov, September 10, 2025

01/25/2026

The One Big Beautiful Bill Act increases the Child Tax Credit to $2,200 per eligible child.

Other updates to the Child Tax Credit include:
➡️ The credit will be adjusted for inflation in future years
➡️ A valid Social Security number is required for the child
➡️ For joint filers, at least one spouse must have a valid SSN

These updates aim to clarify eligibility and streamline administration.

Call for more information, but don’t make any changes until you speak with your tax, legal, or accounting professional.



Source: IRS.gov, September 10, 2025

01/23/2026

Don’t itemize? In 2026, you can deduct cash donations to charity.

You can deduct up to:
🔹$1,000 if filing single
🔹$2,000 if married filing jointly

Donations must be made in cash and sent to qualified organizations. This is a new option for giving back while managing taxable income without requiring itemization.

Call for more information, but don’t make any changes until you speak with your tax, legal, or accounting professional.



Source: IRS.gov, May 30, 2025

01/21/2026

Under the One Big Beautiful Bill Act, the standard deduction might impact your upcoming tax filing.

The updated standard deduction amounts for 2026 will be:
▪️$32,200 for married filing jointly
▪️$24,150 for head of household
▪️$16,100 for single or married filing separately

Call for more information, but don’t make any changes until you speak with your tax, legal, or accounting professional.



Source: IRS.gov, September 10, 2025

12/15/2025

Walter Pardo

Great night of friends of WFP in New Jersey

12/13/2025

2025 Wealth Financial Partners, LLC
Holiday Bash was Awesome!

Great night of friends of WFP in New Jersey

11/02/2025

The event with the most significant impact on Bob Costas' successful broadcast career was not any of the dozen Olympic Games he hosted.

07/16/2025

The One Big Beautiful Bill Act: Key Tax Changes Starting 2025

👍EVERYONE 👍
Standard deduction increases to $15,750 for single filers, and $31,500 for those filing jointly.
State and local tax (SALT) deduction increases to $40,000 (temporary)

👥 SENIORS (65+) 👥
$6,000 bonus deduction (2025-2028)

👨‍💼 WORKERS 👨‍💼
No tax on tips (up to $25,000)
No tax on overtime (up to $12,500 single filer/$25,000 married filing jointly)

🏢 BUSINESS OWNERS 🏢
20 percent qualified business income deduction is now permanent
100 percent capital expensing restored

👨‍👩‍👧‍👦 FAMILIES 👨‍👩‍👧‍👦
Child tax credit increases to $2,200
Dependent care limits increase to $7,500

🏡 ESTATE MANAGEMENT 🏡
Exemption increases to $15 million/$30 million (starts 2026)

IMPORTANT: Some of these changes are temporary (2025-2028). Schedule your tax review review today to find out which of these might affect you and how.

06/26/2025

"Paying Taxes Once is Your Obligaton, Paying Taxes Twice is Your Fault!"
Walter Pardo Presented Educational seminar
Taxes in Retirement 567
Last Monday night at Bedminster Township Library

Thanks for a great night Ritika Bansal Gabby Harisson & the entire Wealth Financial Partners, LLC Team.
Special shout out to AcquireUp

WFP TAX Partners Avantax Wealth Management

Strategic Coach

Ed Slott and Company
Gratitude Cruises

06/14/2025

"Great Day with Great Friends of Wealth Financial Partners, LLC & WFP TAX Partners
(despite the weather) at Lake Hopatcong, New Jersey!!"

Walter Pardo
Avantax Wealth Management


Gratitude Cruises
Ed Slott and Company

03/20/2025

As we celebrate this milestone today we want to thank everyone who we have crosses paths with.

A Big Thank You! None of this would have been possible without the incredible support from our clients, employees, friends, collegues,mentors and partners. Your trust and collaboration have been vital to our success.

WFP TAX Partners
Avantax Wealth Management
Strategic Coach
Ed Slott and Company
of Zero