2025 OB3 Update 1

Income Tax
Written By The Mattox Group

H.R. 1 - The One Big Beautiful Bill Act is now law. In this Summer 2025 OB3 initial tax update, J discusses critical updates regarding solar energy, battery storage, and electric vehicles. If you're considering solar power or backup battery systems, now is the time to act, as installations must be completed by December 31st, 2025, to qualify for the 30% federal tax credit. Additionally, qualified electric vehicle tax credits will expire for vehicles delivered after September 30th, 2025. New for 2025, an Auto Loan Interest Deduction for qualified vehicles purchased from January 1, 2025. We encourage you to reach out if you have specific questions about your situation or if you're ready to explore these options. Let's make sure you're maximizing these benefits before the deadlines!

Watch the video here.

Tesla Discount Link for Solar, Powerwall, & EVs

Department of Energy Eligible EV Credit Roster

3CE Rebates & Incentives

Tesla Energy Incentives

The Mattox Group

Hailing from the rural Midwest, J. settled along the Central California Coast in the fall of 2001.  Formerly an Arabic language student at the Defense Language Institute Foreign Language Center and Veteran of the U.S. Army, J. and his wife Elisabeth have made their home in Marina, California. 

J. is actively involved in supporting his community through service to various boards and committees. He is the current CFO and Treasurer for the DLI Foundation and Access Monterey Peninsula, serves on the MPUSD Citizens Bond Oversight and Facilities Advisory Committees, and is an associate member of the United Veterans Council.  J. advocates for Veterans issues throughout the Central Coast, in particular the Veterans Transition Center and Central Coast Veterans Cemetery Foundation.  

Recognizing the greatest opportunity for our community to achieve success is in its small businesses and charitable organizations; J. founded The Mattox Group on the bedrock principle that every business or individual is entitled to the highest level of service and attention to detail  For nearly 10 years, The Mattox Group has supported our region in achieving its highest social and economic potential, through empowering small businesses and non-profit organizations.  

"We are fortunate to live and work in one of the singularly magnificent destinations on the planet.  I am grateful for the opportunities I have to give back to this amazing community. We are truly blessed with a host of clients, neighbors, and friends unparalleled in their kindness, innovative spirit, and dedication to selfless service." -J. 

https://TheMattoxGroup.com
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