Get Covered the Easy Way — With Freedom Services
At Freedom Services , we’ve always helped you stay on top of your taxes — now, we’re making it just as easy to stay covered with health insurance through Obamacare (the Affordable Care Act) !
Why Do It With Us?
The IRS is getting stricter about health insurance requirements, and mistakes can cost you time and money. When you handle your taxes and health insurance in one place, we make sure everything lines up perfectly — no missing info, no stress.
One Place. One Team. Total Peace of Mind.
With Freedom Services, your information stays safe, secure, and in one system. Our friendly team helps you:
- Explore your Obamacare plan options
- See if you qualify for tax credits or savings
- Enroll quickly and correctly
- Stay compliant when it’s time to file taxes
Why Go Anywhere Else?
We already know your tax situation — so we can help you find the health plan that fits your needs and your budget. Plus, you’ll save time by keeping everything under one trusted roof: Freedom Services.
Ready to Get Started?
Open Enrollment is here! Call us or stop by today to see how easy it is to get covered — and keep your finances in good hands.
Freedom Services — your home for taxes, health insurance, and peace of mind.
🏠 SALT Deduction Cap Skyrockets For Some Taxpayers
The SALT (state and local tax) deduction cap has been restructured under the new GOP tax package, affecting high-tax states from 2025‑2029.
What’s changed:
- Cap raised from $10K to $40K for individuals earning ≤ $500K ($20K married filing separately), indexed to inflation wsj.com+4washingtonpost.com+4scouttax.com+4.
- Phase‑out thresholds: Begin at $500K MAGI, phase out entirely by $600K+ investopedia.com.
Who benefits:
Primarily higher-income earners in states like California and New York who itemize deductions; estimated cost to federal coffers is ~$130 B over five years washingtonpost.com.
Concerns:
Critics argue it creates imbalance and favors wealthy households, potentially undermining the fairness of the tax system washingtonpost.com.
Conclusion:
This SALT cap change is a huge relief for some—but remains contentious due to its income bias.
👵 Extra Tax Perks for Seniors, Tips & Overtime
Under the newly enacted tax law, several targeted breaks became available from 2025‑2028 — benefiting seniors, tipped workers, and anyone earning overtime.
Highlights:
- Senior bonus deduction: Up to $6,000 (individuals) or $12,000 (couples) for those over 65 with MAGI ≤ $75K/$150K; phases out above those levels washingtonpost.com wsj.com+2wsj.com+2en.wikipedia.org+2 marketwatch.com.
- Overtime & tip income deduction: Tax-free deduction on up to $12,500 in overtime and tips annually for qualified workers houstonchronicle.com.
- New credit options: Allows overtime, tips, car loan interest, and charitable donations for non-itemizers and introduces “Trump Accounts” for children en.wikipedia.org+4rubino.com+4wsj.com+4.
Scope & planning:
These deductions offer good opportunities for financial planning, but expire after 2028 — careful tax planning is needed to maximize value marketwatch.com.
Conclusion:
These targeted deductions grant real benefits — seniors, service workers, and families can see meaningful tax reductions during the next few years.
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