As we approach the end of 2025, Wright Ford Young & Co CPAs is committed to helping our clients make informed decisions that minimize tax liability and maximize financial opportunities. Year-end tax planning is especially critical this year, given recent legislative changes and evolving strategies for high-net-worth individuals and business owners. Below are key moves to consider before December 31. Charitable Giving: Act Before New Limits Take Effect OBBBA introduces new restrictions starting in 2026: A 0.5% of AGI floor for itemized charitable deductions. A cap limiting the tax benefit of itemized deductions to 35% for top-bracket taxpayers (down from
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Monthly Archives November 2025
New Senior Audit Manager Joins WFY in November
In November, WFY welcomed a new addition to our audit department: Freddy De Haro. We are thrilled to have him join WFY! Freddy De Haro At the beginning of November, Freddy De Haro started with WFY as a Senior Audit Manager in our audit department. Freddy graduated from CSU Fullerton with a degree in Business Administration with an emphasis in Accounting. He has 14 years of experience in both public and private accounting and includes firms similar to WFY. In his spare time, Freddy enjoys working out and spending time with his wife, daughter, and pet poodle, Cookie. Interested in
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