Ernest Harris+FollowWhy Are Boomers Getting All the Tax Breaks?Ever feel like your paycheck is getting squeezed while your parents are cashing in? The latest tax bill just handed seniors a $6,000 break, and younger folks are not happy. Social media is buzzing with memes and hot takes about how Boomers keep winning at the expense of everyone else. The market shift? More perks for retirees, while working families juggle rising costs. If you’re not 65+, don’t expect a windfall—just more fuel for the generational debate at your next family dinner. #Business #MoneyTalks #TaxBreaks10Share
James Smith+FollowIRS Just Flipped the Script for DriversIf you drive for work or just bought a new car, buckle up—tax season’s about to look way different. The IRS is hiking the mileage deduction to 72.5 cents per mile (hello, bigger write-offs!), but they’re also rolling out new rules on reporting and even letting you deduct car loan interest (up to $10k, but only on new rides and with income caps). Gig drivers and small biz owners, this could mean more money back—but only if you keep those records tight! #Cars #IRS #TaxBreaks50Share