Canton Tax Group

Canton Tax Group John Dobbyn is an Enrolled Agent with more than 30 years experience preparing federal and state taxes

The Canton Tax Group provides prompt, professional tax preparation advice and service at very reasonable rates to our valued clients each year. Those clients include business owners, nurses, carpenters, electricians, doctors, retirees, students, police officers, teachers and a great many other taxpayers of all ages and income levels. We will work with you one-on-one to help you with all your tax n

eeds. Some of our services include:
• Federal and State Income Tax Preparation
• Tax Planning and Consultation
• Small Business and 1099 Tax Advice
• Audit Support and Consultation

12/29/2025

IRS criminal agents have been assigned to work on the " Safe and Beautiful Task Force" in D.C. and Memphis. We don't know what they're doing... but they're certainly not going after tax cheats and fraudsters and bringing in more revenue.

10/11/2025

Government Funding Issue...

Let's stop the nonsense about Democrats demanding free health care for so-called "illegal immigrants."

Here's what they really want...

1) A continuation of health insurance premium assistance for more than 19 million Americans covered under the Affordable Care Act. That includes the families of about 40 of my own tax clients. Every one of them is a U.S. citizen who needs help because of Unemployment, a low-paying job, a struggling business, a physical disability or some other financial setback.

2) A rollback of the severe cuts to Medicaid enacted under the BBB passed this past summer.

3) Restrict the President's ability to eliminate programs or departments that were properly funded by Congress. (A simple Separation of Constitutional Powers issue)

4) Resoration of Funding for certain media and cultural programs. (These are probably bargaining chips that won't be approved.)

The two sides will never agree on all of these issues, but clearly the first two will directly benefit tens of millions of deserving American citizens.

07/10/2025

Let's set aside any discussion about the merits of the Big Beautiful Bill.

It's now law...and here's the deal on its impact for our clients.

Senior Citizens Tax Break
Note... this only applies to Senior taxpayers who receive Social Security that is now taxable. For example, some lower income seniors are below the threshold where SS is taxable so they don't get any benefit from this. Others never qualified for Social Security, so they don't get anything either.

Taxpayers over Age 65 already get a higher standard deduction. Under the new law, they will get an additional $3000 SENIOR DEDUCTION ($6000 for a Married Couple) even if they itemize their deductions.

The most common tax bracket for my clients is 22%, so that means Single taxpayers will save about $660 and Married taxpayers will save $1,320.

Taxpayers whose income is a bit lower... let's say under $60,000 single or $120,000 married... are in the 12% bracket and will save more like $360 or $720.

Not to get too technical here, but there is a phaseout of the SENIOR DEDUCTION starting at $75,000 income for Singles and $150,000 for Married couples. It goes away completely for Singles making over $175K and Married couples making over $250K.

No Tax on (Some) OVERTIME
If you are a non-exempt employee required to receive overtime pay under Section 7 of the Fair Labor Standards Act of 1938, this pertains to you.

Starting July 5,2025, the PREMIUM portion of your overtime will be exempt from Federal tax. In other words, if you are getting Time-and-a-half, only the "Half time pay" is tax-free. Each year (through 2028), you can deduct up to a maximum of $12,500 for Single or $25,000 for Married taxpayers on your tax return.

For high-income taxpayers ($150K Single and $300K Married), the benefit gets phased out.

No Tax on the first $25K in Tips
This new provision relates to taxpayers who typically receive tips that are reported on their W2 forms... AS WELL AS SELF-EMPLOYED BARBERS & HAIRSTYLISTS. Under the new law, you can deduct up to $25,000 of those tips on your next tax return. Similar to the deal with Overtime, if your income is over $150K Single or $300K Married, the benefit is phased out.

Other Provisions
It will be more beneficial for many taxpayers to itemize their deductions because the limit on State & Local taxes was increased from $10,000 to $40,000. That's a big deal for people with high real estate taxes and whose State income taxes are high because of their high wages.

The Standard Deduction will increase by $750 for Singles, $1125 for HOH and $1500 for MFJ.

Interest (up to $10,000) on car loans will be deductible. It only applies to cars assembled in the U.S. and it phases out when your income goes over $100K Single or $200K Married.

Even if you don't itemize, you can now deduct up to $1,000 ($2,000 for Married couples) for donations to Charity.

Home Energy Credits for such items as Insulation, Windows, furnace replacements... as well as the Solar Energy Credits... will expire at the end of 2025.

Electric Vehicle credits will expire for cars bought after September 30th.

That's pretty much it for changes that will affect most of our clients. Please reach out if you have any questions or concerns.

06/02/2025

Who thinks this is okay?

Paul Walczak stole nearly 11 million dollars from the IRS by not paying the federal taxes, social security and Medicare he withheld from his Nursing Home employees. He pleaded guilty and was headed to prison and was obligated to pay the Federal Government $4.4M in restitution.

Instead, his mom, Elizabeth “Betsy” Fago, bought a seat at a $1m a plate political fundraiser at Mara Lago... and then Trump gave Walczak a full pardon. Not only did he go free, but he doesn't have to repay the $4.9M.

05/31/2025

The IRS Headcount reduction is a disaster! They were already seriously understaffed, but now it's taking even longer for me to reach agents to resolve important issues for my clients. Now they're telling me it might take another year to address our claim of Innocent Spouse Relief for a deserving widow whose deceased husband left her with more than $100,000 in tax debts that she never knew about. The group that handles such claims has lost about half their staff!

05/23/2025

The new tax bill removes the $200 excise tax on Gun Silencers. Nothing surprises me anymore.

04/22/2025

Dear Clients & Friends...

Please do all you can to stop any reduction in Headcount at IRS. The IRS desperately needs MORE people... not fewer!

1) At the end of 2024, IRS had a backlog of 470,000 cases of Identity Theft that needed to be resolved. (Some of them were my own clients.) It will be impossible to reduce that number and approve legitimate refunds to the victims on a timely basis.

2) The ability to audit wealthy taxpayers and corporations will be severely compromised, resulting in the loss of billions of dollars of revenue owed by tax cheats across the globe.

3) Last year, taxpayers got their phone calls answered by IRS only 29% of the time. That will only get worse.

4) In 2013, IRS had 39,800 employees working on "Examinations and Collections" and 240 million returns filed. In 2023, they had only 30,700 such employees and 271 million returns filed.

5) Cutting the workforce at the one agency responsible for bringing in revenue and providing the best possible customer service to 330 million Americans makes absolutely no sense at all.

02/16/2025

The Admininistration has announced that thousands of "probationary" workers at IRS will be laid off soon. Also, thousands more will take the voluntary buy-out (after tax season) and not be replaced. What does this mean?
1) At the end of 2024, IRS had a backlog of 470,000 cases of Identity Theft that needed to be resolved. It will be impossible to reduce that number and approve legitimate refunds to the victims on a timely basis.

2) The ability to audit wealthy taxpayers and corporations will be severely compromised, resulting in the loss of billions of dollars of revenue owed by tax cheats across the globe.

3) Last year, taxpayers got their phone calls answered by IRS only 29% of the time. That will only get worse.

4) In 2013, IRS had 39,800 employees working on "Examinations and Collections" and 240 million returns filed. In 2023, they had only 30,700 such employees and 271 million returns filed.

5) 63% of IRS employees are eligible to retire within the next 6 years. Just think about that!

From what I can see, the entire tax system is based somewhat on the "Honor System" to the unmistakable advantage of cheaters and criminals. I'm not saying there isn't waste in Government or that we are operating at peak efficiency in every agency. But... cutting the workforce at the one agency responsible for bringing in revenue and providing the best possible customer service to 330 million Americans makes absolutely no sense at all.

08/27/2024

A lot has been written recently about the potential tax on "Unrealized Capital Gains"... and much of it is bogus and/or irrelevant to just about anyone reading this.

1) It applies only to individuals with at least $100 million in wealth who do not pay at least a 25% tax rate on their income (inclusive of unrealized capital gains).

2) Within that $100 million club, you'd only pay taxes on unrealized capital gains if at least 80% of your wealth is in tradeable assets (i.e., not shares of private startups or real estate).

01/25/2024

Ten Reminders for making your appointment with your professional Tax Preparer go as smoothly as possible.

(These are intended for our own clients but they will really help anyone who is seeing a tax professional this season.)

1) Please be sure to OPEN and remove all your envelopes BEFORE we meet. it makes it so much easier for both of us.

2) We DO NOT NEED Form 1095B or 1095C that you might receive from your employer. Those were relevant when taxpayers got penalized by IRS for not having health insurance, but that's no longer the case. We DO NEED Form 1099-HC, which provides proof of health insurance for Massachusetts tax purposes.

3) If you have children in Daycare or if they attended any sort of camp last year, please provide the name, address and tax ID of the provider so we can be sure you get the Dependent Care Credit.

4) If you are divorced, please be sure you've worked out in advance who is taking each of your children as dependents.

5) If you need to cancel or re-schedule an appointment, please try to call a day or two beforehand so that other clients can take your place. If you have to cancel on the same day, please call or text John's cell phone (617-529-5318) rather than leave a message on the office phone.

6) We will make every effort to acknowledge receipt of your documents if you mail, upload or drop them off in a timely manner. If you don't hear from us within 2 days of doing so, please call us to confirm that we have them.

7) If you had identity theft issues in the past, IRS will definitely be mailing you an Identity Protection Personal Identity Number (PIN) in early January each year. Please be sure to provide us with that number.

8) If we tell you that your return will be E-filed, your refunds should typically come within two weeks. If you don't get it, please call and ask us to confirm that the e-filing did occur and that the IRS electronically "accepted" it. Particularly during the peak season, we can sometimes fall behind in our checking/verification steps and your return might be one that gets set aside longer than it should.

9) If you sold stock during the year and your brokerage firm doesn't know what you originally paid for it, bring along your records that show your original cost. Furthermore, if it is stock you acquired through some sort of option plan at work, let your preparer know that because the brokerage firm will probably show the wrong cost basis.

10) PAYMENT OF FEE
As you know, payment is expected at the time we meet and we will e-file your returns after we have checked them and payment has been made.

If you have any questions, feel free to call the office anytime.

Hope that helps...

Canton Tax Group
(781) 575-1040

Canton Tax Group
(781) 575-1040

01/25/2024

Ten Suggestions for making your appointment go more smoothly with your tax preparer.

(These are intended for clients of Canton Tax Group but they are just as helpful for anyone who sees a professional for their tax preparation.)

1) Please be sure to OPEN and remove all your envelopes BEFORE we meet. it makes it so much easier for both of us.

2) We DO NOT NEED Form 1095B or 1095C that you might receive from your employer. Those were relevant when taxpayers got penalized by IRS for not having health insurance, but that's no longer the case. We DO NEED Form 1099-HC, which provides proof of health insurance for Massachusetts tax purposes.

3) If you have children in Daycare or if they attended any sort of camp last year, please provide the name, address and tax ID of the provider so we can be sure you get the Dependent Care Credit.

4) If you are divorced, please be sure you've worked out in advance who is taking each of your children as dependents.

5) If you need to cancel or re-schedule an appointment, please try to call a day or two beforehand so that other clients can take your place.

6) We will make every effort to acknowledge receipt of your documents if you mail, upload or drop them off in a timely manner. If you don't hear from us within 2 days of doing so, please call us to confirm that we have them.

7) If you had identity theft issues in the past, IRS will definitely be mailing you an Identity Protection Personal Identity Number (PIN) in early January each year. Please be sure to provide us with that number.

8) If we tell you that your return will be E-filed, your refunds should typically come within two weeks. If you don't get it, please call and ask us to confirm that the e-filing did occur and that the IRS electronically "accepted" it. Particularly during the peak season, we can sometimes fall behind in our checking/verification steps and your return might be one that gets set aside longer than it should.

9) If you have mobility issues, let us know ahead of time and we can arrange to meet with you in our first floor conference room rather than have you walk downstairs.

10) PAYMENT OF FEE
As you know, payment is expected at the time we meet and we will e-file your returns after we have checked them and payment has been made.

If you have any questions, feel free to call the office anytime.

See you soon...

12/01/2023

Massachusetts has made a HUGE change to the Estate Tax. Starting in 2023, there will be no state tax if the assets of someone who dies are worth less than 2 million dollars. The previous limit was 1 million. Even if the assets were valued at one dollar more than a million, their heirs would have paid about $36,000 to Massachusetts. These days, even their house could have put them over the limit... not to mention their savings accounts, IRA's and other investments.

Address

345 NEPONSET Street
Canton, MA
02021

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 7pm
Saturday 9am - 5pm

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