Silverleaf Wealth Management

09/01/2025

Markets closed. BBQs open. But smart money never takes a day off.

What's your best "set it and forget it" financial strategy? Share below!

08/25/2025

A new provision in the recently signed One Big Beautiful Bill is restoring a tax deduction for certain car buyers—but with limits.

Here’s what’s changing:
▪️ Buyers can deduct up to $10,000 in auto loan interest each year (2025–2028)
▪️ Applies only to new, U.S.-assembled light vehicles purchased for personal use
▪️ Used vehicles and leases do not qualify
▪️ The deduction is available even for those taking the standard deduction
▪️ Income caps apply: phased out above $150K (single) or $250K (joint)

This could affect an estimated 3.5 million vehicle loans this year. But the benefit won’t apply to every buyer, especially those with higher incomes or leasing preferences.


Source:

The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.

08/18/2025

Stock prices were under pressure in early April on concerns over how the trade situation would unfold. Fear spread, which led some investors to move to the sidelines. But notice the "V" shaped rally that followed.

08/04/2025

07/28/2025

📝 August is National Make-A-Will Month, a timely reminder that estate documentation deserves your attention.

A whopping 76% of Americans don't have a will. This can lead to unintended consequences for those with asset distribution and care for children.

A comprehensive estate strategy can help preserve your legacy while helping manage the probate process. Consider reviewing your documentation periodically, particularly after significant life events such as marriage, divorce, or the birth of children and grandchildren.

Our team can help your legal counsel facilitate comprehensive estate coordination. Contact us to discuss how we can help.



Source:
Caring.com, February 18, 2025.

07/21/2025

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). Consult a tax professional for your specific situation.

06/02/2025

What would Warren Buffett think about investors being fearful? Would he say it’s time to be greedy? Or would he remind everyone of the quote, “stocks climb a wall of worry." It suggests that investors should maintain their discipline even when there are a ton of reasons to believe the market will fall.

05/19/2025

➡️ $4.8 Billion Lost: The Growing Cost of Scams Targeting Seniors

Investment fraud, phishing emails, and tech support scams aren't just digital annoyances; they drain billions from older Americans each year. According to a recent FBI report, seniors were hit hardest, with losses totaling $4.8 billion. And that may be just the tip of the iceberg, as many cases go unreported due to shame or fear.

The takeaway? Staying informed about evolving scam tactics is more than helpful—it’s necessary. Financial awareness is one of the best tools we have, especially for those supporting aging loved ones.


Source:

The FBI issued its annual internet crime report on Wednesday.

05/12/2025

🧬 SCIENCE MILESTONE: From fiction to reality! Scientists at Colossal Biosciences claim to have successfully revived the extinct dire wolf after 10,000 years using DNA editing technology.

🐺 Their approach? Start with a gray wolf's genome (99.5% similar) and edit it to match the dire wolf's DNA sequence extracted from ancient fossils.
Named Romulus, Remus, and Khalesi (yes, a Game of Thrones nod!), these white-coated wolves now live in a secure 2,000-acre preserve. 🧪

Beyond the "wow factor," this technology points to broader applications for preserving endangered species like the critically endangered red wolf—and potentially even benefiting human healthcare someday.

Watching how scientific innovation transforms what we once thought impossible into today's reality is fascinating! What extinct species would you bring back if you could?


Source:

Biotech company Colossal Biosciences said it has brought back the dire wolf, an animal that went extinct 10,000 years ago, through its de-extinction process.