Becky breaks down an important tax change for 2025 that could benefit many taxpayers.

She explains why itemizing deductions may now make more sense than taking the standard deduction. In her example, the state and local tax (SALT) deduction alone exceeds the federal standard deduction by $8,500, making itemizing the more advantageous option.

She walks through exactly what to gather: property taxes, vehicle license fees, charitable contributions, home mortgage interest, and medical expenses — including insurance premiums.

Becky emphasizes that this strategy can be especially beneficial for generous charitable givers and homeowners with higher mortgage interest and property tax burdens.