Big changes could be coming to the state and local tax (SALT) deduction, and they might save you thousands. Lawmakers are discussing raising the $10,000 limit or even removing it entirely, giving homeowners and small business owners in high-tax states a major break. Find out what these changes mean, who stands to benefit the most, and how to prepare so you don’t miss out!

The new tax rules for online sellers are a big change, but they don’t have to be scary. By staying organized, keeping track of your sales and expenses, and reporting your income correctly, you can avoid penalties and keep your online selling business running smoothly.

If you’re feeling unsure about how these changes will affect you, consider reaching out to a tax professional. They can guide you through the process and help you understand your specific situation. With a little preparation, you’ll be ready to handle these changes and focus on what you do best—selling online!

At Elite Consulting PC, we understand the complexities of navigating capital gains tax strategies in an ever-changing economic and legislative landscape. As trusted advisors in tax planning and financial strategy, we specialize in helping individuals and businesses assess whether to accelerate gains or hold off, ensuring that every decision aligns with your long-term financial goals. With insights tailored to your unique situation, Elite Consulting PC equips you with the knowledge and tools to make informed choices in 2025 and beyond. Let us guide you toward smarter tax strategies that safeguard and grow your wealth.

Election cycles bring both uncertainty and opportunity for small business tax compliance. By staying informed, keeping detailed records, and consulting with professionals, you can navigate potential changes with confidence. At Elite Consulting PC, we are here to support your business through every policy shift, ensuring your tax strategy is as resilient as your business.