How Your TAXES Will CHANGE IN 2026 (Save THOUSANDS & Avoid Costly Mistakes)

In this video, Toby Mathis breaks down the biggest 2026 tax law changes and explains how smart timing can save you thousands of dollars—while one wrong move can send extra money straight to the IRS. Want help applying these strategies to your situation? 👉 Schedule a free tax consultation here: https://aba.link/1hl A new federal law introduces a $40,000 SALT deduction, a major senior standard deduction increase, expanded charitable deductions, and powerful HSA upgrades. But many of these benefits come with income phaseouts and timing traps that can quietly wipe them out. WATCH NEXT 👉 How To Make Your Personal Assets Invisible https://www.youtube.com/watch?v=Zj863oFxK7c Toby walks through what’s changing, who qualifies, and how common moves like Roth conversions, asset sales, or large withdrawals can accidentally eliminate deductions you would otherwise receive. 👉 Register for a FREE upcoming tax and asset protection workshop here: https://aba.link/576b20 You’ll also learn how charitable giving rules change in 2026, how to use donor-advised funds strategically, why HSAs become even more powerful, and which tax provisions are now permanent—including QBI, bonus depreciation, and higher estate tax exemptions. 🔔 Don’t forget to subscribe for more insights on taxes, investing, and asset protection. Show Notes / Chapters 0:00 Intro – How 2026 tax changes can cost or save you thousands 0:45 Overview of the biggest tax law updates for 2025–2026 2:00 Senior standard deduction increase (and income phaseouts) 7:00 $40,000 SALT deduction explained + timing strategies 13:00 Charitable giving rule changes in 2026 18:00 HSA upgrades: direct primary care & telehealth 22:10 Tax provisions made permanent (QBI, bonus depreciation, rates) 24:57 Estate tax exemption increases and state-level traps 26:25 Mistakes to avoid 32:05 Real-world examples and simple fixes 32:30 Final planning takeaways + next steps --------------------------------------------------------------------------------------------------------- TAX TUESDAY LIVE Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 https://aba.link/c90746 FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin TikTok: https://www.tiktok.com/@tobymathisesq ~~~~ CONTACT US Phone: 800.706.4741 Email: [email protected] Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba --------------------------------------------------------------------------------------------------------- WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture. The information provided in this video should not be construed or relied on as financial, investment, or legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #taxplanning #taxes #2026taxes