Author: markcartercpa

  • New Interest Expense Deduction

    markcartercpa

    Did you buy a new car in 2025 or planning to buy one before the end of 2028? If so, the Working Families Tax Cut Act allows you to deduct the interest on that car even if you do not itemize deductions. To qualify: The vehicle must not be used more than 50% for business… Read more

  • Is my Overtime taxable?

    markcartercpa

    There has been plenty of talk this year about the Working Families Tax Cut (WFTC) and how it affects working families where overtime is common for many people. Whether you work in manufacturing, healthcare, logistics, or public safety, chances are you’ve put in long weeks when duty calls. Naturally, one of the most common questions… Read more

  • Itemized Deduction (Again?)

    markcartercpa

    Good News: The SALT Deduction Is Getting Bigger (At Least for a Little While!) If you’ve been annoyed by that $10,000 limit on deducting your state and local taxes—trust me, you’re not the only one. For years, tons of people haven’t been able to itemize because that cap made the math totally not worth it. But now?… Read more

  • Working Families Tax Cut & Social Security

    markcartercpa

    Is Social Security Still Taxable? Yes… But Here’s Why You May Not Pay a Dime And here’s the important part: this deduction applies to all your income, not just Social Security. How Social Security Benefits Are Sort of Getting Around Being Taxable (At Least for a Few Years) If you’ve ever filed taxes while collecting… Read more

  • Switch and Save!

    markcartercpa

    Save Money on Your Tax Prep This YearDon’t overpay at a franchise. My flat-rate pricing is simple and fair — no hidden fees or upsells. Whether you file a simple W-2 return or a trust return, I’ll handle it personally and ensure you receive every deduction you deserve.On average, clients save 25–40% compared to large… Read more