“Taxes can be a little intimidating. That is why it is my goal to help you understand your taxes and what can effect your outcome. I do not want anyone walking away scratching their head not understanding any aspect of the process.” – Colleen Havens
2025 Tax Legislation - Increased Threshold for Form 1099-K Reporting
This changes the reporting requirements of third-party settlement organizations from $600 to $20,000 and more than 200 transactions within a tax period.
Stop in and see us in Keysville or give us a call and we can discuss how the Big Beautiful Bill changes will effect your 2025 Tax Return. ... See MoreSee Less
This deduction is available tax years 2025 - 2028.
An above line deduction of $12,500 ($25,000 MFJ) was created for overtime pay.
When the modified adjusted gross income go over $150,000 ($300,000 MFJ) a phase out begins at a 10% rate.
This deduction is not allowed for Married Filing Separately taxpayers.
Keep watching for my updates on the Big Beautiful Bill and there effects on your tax returns. Come in and visit use in Keysville to get further information. ... See MoreSee Less