EPISODE · Feb 27, 2026 · 19 MIN
The Biggest Updates for Tax Filing in 2026
from FMI Financial Management Podcast · host Financial Management, Inc.
*CORRECTION*: Energy credits for solar, heat pumps, windows/doors, etc. are available for 2025, but many went away if not installed by 12/31/25.In this episode, David Elmore and Marlana Lancaster walk through the key tax law changes shaping the 2025 filing season. David and Marlana explain how these updates may increase refunds and reduce taxable income for many Americans.They cover:Why many people are seeing bigger refunds this yearSocial Security taxation + the new $6,000 deduction for seniorsHow the overtime and tips tax breaks workSALT deduction limit increasesNew rules for auto loan interest on 2025 vehicle purchasesWhat happened to energy‑efficient tax creditsMajor small‑business updates (Section 179, bonus depreciation, QBI)The power of Qualified Charitable Distributions (QCDs)As Kingdom Advisors, David and Marlana blend technical tax insight with a philosophy of abundant, generous, and tax‑efficient financial living.
What this episode covers
*CORRECTION*: Energy credits for solar, heat pumps, windows/doors, etc. are available for 2025, but many went away if not installed by 12/31/25.In this episode, David Elmore and Marlana Lancaster walk through the key tax law changes shaping the 2025 filing season. David and Marlana explain how these updates may increase refunds and reduce taxable income for many Americans.They cover:Why many people are seeing bigger refunds this yearSocial Security taxation + the new $6,000 deduction for seniorsHow the overtime and tips tax breaks workSALT deduction limit increasesNew rules for auto loan interest on 2025 vehicle purchasesWhat happened to energy‑efficient tax creditsMajor small‑business updates (Section 179, bonus depreciation, QBI)The power of Qualified Charitable Distributions (QCDs)As Kingdom Advisors, David and Marlana blend technical tax insight with a philosophy of abundant, generous, and tax‑efficient financial living.
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The Biggest Updates for Tax Filing in 2026
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