2025 OB3 Update 2

Written By The Mattox Group

Worried about how the new Senior Deduction could affect your Social Security taxes? We’re breaking down what’s changing in 2025 — and how you can keep more of your hard-earned retirement income.

As your trusted tax advisors, in this Summer 2025 OB3 update, we’ll walk through the latest updates in plain language, share real-world examples, and give you strategies you can use today. Whether you’re retired, self-employed, or planning ahead, this guide will help you make informed, confident financial decisions.

Watch the video here.

You’ll learn:

• Who qualifies for the new deduction and when it applies.

• How it affects federal and California state returns.

• The steps to take before year-end to reduce your tax bill.

With nearly 20 years advising California families and small businesses, The Mattox Group helps you navigate complex tax law with clarity and confidence.

📞 Schedule your consultation.

💌 Read our Social Security Taxation White Paper.

Always curious, never judgemental, your financial journey is unique — we’re here to guide you every step of the way.

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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2025 OB3 Update 1