201 Income Tax and Social Security Changes
Finance & Business | Registration opens 12/2/25 9:00 AM EST
This class will investigate some of the changes in taxes and social security for 2025 through 2026.
The main targets of the presentation and discussion will center on the new Deductions for Seniors – especially on the limits and requirements for the deductions. Did you know that the Senior Deductions have different limits and deductions based on marital status and income? Or that all the listed deductions currently expire on December 31, 2028?
The main changes that may affect taxation in 2025 and in future tax years to be discussed are:
- No tax on car loan interest
- Up to $6,000 deduction for seniors
- Tax brackets for 2025 and 2026
Steven Earhart
Steven Earhart is a private investor who manages his own portfolio. He belongs to an investing group and has shared his successful strategies with them and now wants to share them with ORICL members. Steven is not a financial advisor or employed with a brokerage or investing company but has learned strategies that have been successful in his own investing. He has a BS in Business Administration and a BS in engineering technology from ETSU and a MA in business administration from Elon College.