# Virtual Rolodex with Hunter Coday, Goodman Financial

Page: https://stenobird.com/podcast/virtual-rolodex-hosted-by-txcpa-houston-6371537/virtual-rolodex-with-hunter-coday-goodman-financial
Text version: https://stenobird.com/podcast/virtual-rolodex-hosted-by-txcpa-houston-6371537/virtual-rolodex-with-hunter-coday-goodman-financial.md
Podcast: [Virtual Rolodex hosted by TXCPA Houston](https://stenobird.com/podcast/virtual-rolodex-hosted-by-txcpa-houston-6371537)
Published: 2025-07-23T12:27:13+00:00
Episode link: https://blubrry.com/1474411/147237814/virtual-rolodex-with-hunter-coday-goodman-financial/
Audio file: https://media.blubrry.com/1474411/content.blubrry.com/1474411/GMT20250722-141611_Recording.m4a
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JSON: https://stenobird.com/v1/public/podcasts/virtual-rolodex-hosted-by-txcpa-houston-6371537/episodes/virtual-rolodex-with-hunter-coday-goodman-financial
Duration seconds: 1357

## Resource

Kristie Ondracek welcomes listeners to a special episode of the TXCPA Houston Virtual Rolodex, featuring quarterly updates from corporate sponsors. This episode spotlights Goodman Financial, represented by Senior Financial Advisor Hunter Coday, who provides insights on the most recent tax legislation, key impacts for individuals and families, Social Security changes, and current market conditions. Tax Law Updates: Key Provisions from the Recent Bill High-Level Takeaways · Recent Legislation: A major tax bill with extensive provisions has been signed, aiming to continue or adapt key elements of the 2017 Tax Cuts and Jobs Act. · Firm's Approach: Goodman Financial has reviewed the legislation and distributed a client-focused summary on relevant changes. Key Provisions · Standard Deduction & Tax Rates: · Standard deduction remains high and is now permanent. · Tax rates, previously set to revert to higher levels, are now extended at current rates for the foreseeable future. · Enhanced Senior Deduction: · New deduction for individuals aged 65+, available for the next three years. · Begins phasing out at $150,000 for married filing jointly, requiring careful income planning to maximize the benefit. · State and Local Tax (SALT) Deduction Cap: · The deduction cap temporarily increases from $10,000 to $40,000 through 2029, particularly benefiting those who itemize deductions. · The $40,000 limit phases out at $500,000 of income and reverts to $10,000 at $600,000, highlighting the importance of strategic planning. · Estate Tax Exemption: · The exemption has been increased from just under $14 million to $15 million per person (rather than being halved), offering clarity and planning flexibility for those with larger estates. · Advisory Note: Some provisions are labeled "perman…

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## Transcript

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