06/02/2026
If you're a W-2 earner with kids, make sure you're not missing these tax changes from the new bill!
đź’° SALT cap just jumped to ~$40K
If you pay state and local taxes (think property taxes, state income tax) you used to only be able to deduct up to $10K on your federal return. That limit just jumped to ~$40K, which means a bigger deduction and potentially a lower tax bill.
🏠Mortgage insurance is deductible again
If you put less than 20% down on your home, you're probably paying PMI every month. That cost can now be written off on your taxes, just like mortgage interest. Basically a discount on an expense you're already paying.
🤝 Charitable deductions got more flexible
Even if you don't itemize your taxes, you may now be able to deduct charitable donations. So if you've been giving and not getting any tax benefit from it, that could be changing.
Because W-2 or not, you work hard for that money and you deserve a strategy to protect it. I help everyone from W-2 earners to 6 and 7 figure entrepreneurs keep more of what they make. Comment "HELP" and let's build your tax strategy around these changes together.
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