Majestic Financial Group

Majestic Financial Group Majestic Financial Group is an accounting and tax services firm based in north Phoenix.

02/14/2026
02/14/2026

Standard Deduction & Rates: The TCJA’s higher standard deductions and lower income tax rates are made permanent.

02/14/2026

Trump Accounts: A new type of tax-deferred savings account for children, with the federal government depositing $1,000 for children born between 2025 and 2028.

02/14/2026

Child Tax Credit: Permanently increased to $2,200 per child, up from $2,000.

02/14/2026

SALT Cap Increase: The State and Local Tax (SALT) deduction cap is increased from $10,000 to $40,000 for taxpayers making less than $500,000, effective through 2029.

02/14/2026

Senior Deduction: A $6,000 additional deduction for seniors over 65 (with income phaseouts).

02/14/2026

Auto Loan Interest Deduction: A new deduction of up to $10,000 per year for interest paid on loans for new, U.S.-assembled personal vehicles.

02/14/2026

No Tax on Overtime: Workers can deduct up to $12,500 ($25,000 for joint filers) of qualified overtime pay.

02/14/2026

No Tax on Tips: Individuals earning under $150,000 ($300,000 for joint filers) can deduct up to $25,000 in tipped income.

02/14/2026

Key Tax Provisions for Individuals (2025–2028)

Address

6424 E Greenway Parkway, Ste. 202
Phoenix, AZ
85254

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

(480)4951829

Website

https://www.linkedin.com/in/wali-mailatyar-mafm-ba5b29178?utm_source=share&utm_c

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