01/26/2026
π’ 2025 TAX CHANGES YOU SHOULD KNOW
Monte W. Mays & Associates, LLC
πΌ NO TAX ON OVERTIME PAY
βοΈ Overtime wages may now be excluded from federal income tax βοΈ Applies beginning with the 2025 tax year βοΈ Bring your last paystub so we can verify and maximize your benefit
π NO TAX ON INTEREST PAID ON VEHICLE LOANS
βοΈ Interest paid on vehicles purchased after December 31, 2024 may be taxβfree βοΈ Applies to qualifying auto loans βοΈ Great savings for new car buyers in 2025
π WHAT TO BRING
β’ Last paystub (especially if you earned overtime) β’ Auto loan documents (if you purchased a vehicle after 12/31/2024) β’ Wβ2s, 1099s, and other income documents
π Let Us Help You Keep More of Your Money!
Tax laws change β we help you take advantage of them.
Monte W. Mays & Associates, LLC Trusted Tax & Accounting Services
π Serving our community with experience & care