DiscoverDollars&Sense Nelson Financial PlanningUnlocking Tax Deductions to your Advantage
Unlocking Tax Deductions to your Advantage

Unlocking Tax Deductions to your Advantage

Update: 2025-08-25
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Ready to make the most of your taxes in 2025 and beyond? In this value-packed episode of Dollar & Sense, Joel and Kristin break down the latest game-changing updates to tax deductions, with a spotlight on the new senior deduction and major changes for charitable contributions. Discover how seniors can benefit from a $6,000 deduction—even if they're not yet on Social Security—and learn the income thresholds you need to know to qualify. 

The hosts also unravel the new opportunities for charitable giving, including a $1,000 deduction for everyone, the upcoming AGI floor of 0.5% for itemized deductions, and smart strategies to maximize your benefits before the rules shift in 2026. From increased state and local tax caps to permanent bonus depreciation for businesses, this episode is full of essential tips for making the most of your money at tax time. Tune in and get ahead of your financial game—your future self will thank you! 


💵 About Dollars & Sense: 💵
Hosted by Joel Garris, a Certified Financial Planner and Fiduciary at Nelson Financial Planning, Dollars & Sense is one of Central Florida’s longest-running radio programs and a top 25 financial planning podcast. Each week, Joel and his team provide expert insights to help you make sense of all your financial decisions. 

👉 Visit our website: nelsonfinancialplanning.com for more resources and to connect with our team of Certified Financial Fiduciaries.

About Joel Garris:
Joel Garris is a Certified Financial Planner and Fiduciary at Nelson Financial Planning. He’s dedicated to providing comprehensive financial advice to help you achieve your retirement goals. With a team of expert advisors, Nelson Financial Planning is committed to delivering personalized and effective retirement and financial planning solutions.

➡️ CONNECT WITH US: 
Facebook: /NelsonFinancialPlanning
Twitter: /nelsonfinplan
Instagram: /nelson_financial_planning
YouTube: @nelsonfinancialplanning2202
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Unlocking Tax Deductions to your Advantage

Unlocking Tax Deductions to your Advantage

Joel Garris of Nelson Financial Planning