Big changes are coming to the tax code—and that could mean big savings if you know where to look. On today’s episode, Joe, OG, and Doug break down the most important updates in the 2025 tax laws and share smart, simple ways to keep more of your hard-earned cash.
Whether you're a spreadsheet-loving tax nerd or someone who still asks, “Wait, do I have to file?”—this episode will help you navigate the new rules like a pro.
Here’s what we unpack:
• The 2025 Tax Overhaul: What changed, what stayed the same, and how it affects your bottom line
• Credits vs. Deductions: Why that $1 credit might be worth more than a $5 deduction (math, but fun)
• Above-the-Line Moves: Claim valuable deductions without itemizing
• New Wins for Givers and Drivers: Above-the-line charitable contributions AND (drumroll…) personal auto loan interest is back!
• Family Tax Breaks: Expanded dependent care accounts and beefed-up child credits
• 50 and Thriving: New 401(k) catch-up rules that can help you max out your retirement
• Listener Mailbag: JJ asks how to contribute more to his 401(k) after age 50—and we bring the strategies
• The TikTok Minute: Because money wisdom can live on the internet too
• Doug’s Trivia & Financial Shenanigans™: Of course
You’ll walk away with clear, practical takeaways that could add thousands to your bottom line—without needing to read the tax code (you're welcome).
FULL SHOW NOTES: link
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at link
Enjoy!
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