2025 OB3 Update 3

Income Tax
Written By The Mattox Group

NEW FOR 2025, TIPPED WORKERS TAX DEDUCTION

Wondering how to deduct your tipped income?

Confused about how you'll benefit under the new tax bill?

Afraid your employer won't report your benefits correctly?

As your trusted tax advisors, in our newest OB3 update video we’ll walk you through the latest updates in plain language, share real-world examples, and give you strategies you can use today. From hospitality, service workers, and beyond, we'll help you understand this new tax benefit, and how best to make informed financial decisions.

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.

• How to keep great records to maximize your benefit.

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

Grab helpful tools for your tax journey

Quick explanations on key tax topics

Always curious, never judgmental, 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 2