Proposition 11: New Property Tax Relief for Texas Seniors and Disabled Homeowners
Texas seniors and disabled homeowners have faced some of the toughest financial pressure from rising property values. Fixed incomes, increasing medical costs, and inflation have made housing expenses harder to manage — and property taxes have added to the strain. Proposition 11 offers meaningful relief by significantly increasing the school district property tax exemption for […]
Proposition 13: Texas Homeowners Just Received a Built-In Tax Cut
If you’re a Texas homeowner, Proposition 13 is one of the biggest and most immediate forms of property tax relief you’ll see going into 2025. Rising home appraisals have put heavy pressure on families across the state, and the new homestead exemption increase helps offset some of that financial strain. In this post, I’ll explain […]
Texas Passed 17 Constitutional Amendments — Here’s What Homeowners & Business Owners Need to Know
Texas voters just approved 17 new amendments to the state constitution, and several of them directly impact property taxes, small businesses, veterans, long-term planning, and everyday Texans. These are not minor updates.These changes reshape parts of how Texas taxes property, supports certain groups, and funds statewide initiatives. If you’re a homeowner, investor, or business owner, […]
The New $6,000 Senior Deduction: What You Need to Know (Big Beautiful Tax Bill – Part 15)
A New Tax Break for Seniors If you’re 65 or older, the Big Beautiful Tax Bill just delivered some great news — a brand-new $6,000 senior deduction per person beginning in 2025. What makes this exciting is that it applies to both itemizers and non-itemizers, meaning you can take advantage of it even if you […]
No Tax on Overtime Pay? Here’s What You Need to Know (2025–2028)
A New Temporary Break for Overtime Workers If you’ve ever worked extra hours to get ahead, there’s a brand-new reason to smile. Beginning in 2025, the Big Beautiful Tax Bill introduces a temporary tax break that makes overtime pay tax-free—up to a point. This new rule runs from 2025 through 2028 and allows qualifying taxpayers […]
No Tax on Tips: What You Need to Know About This New 2025–2028 Rule
If you earn tips as part of your regular income, there’s a new tax rule coming that could make a real difference in your take-home pay. Beginning in 2025, qualifying workers in industries where tips are regular and customary may be able to exclude up to $25,000 in tips from taxable income each year. This […]