Nannette's Tax Service

01/07/2026

Nannette’s Tax Service
Nannette Cross-Smallwood
Jessica Bell
402 College Street Road, Suite 100
Elizabethtown KY 42701
270-234-0015
FAX 270-982-1088
Cell Phone 270-317-7804

January 5, 2026

Greetings!! Hoping you all had a Merry Christmas and a Happy New Year!! This year for taxes there are a few different things that have happened.

Appointments will begin January 12th. Monday through Friday from 9am to 7pm. Saturday appointments will begin February 7th with time slots from 10am to 5pm. Sundays are reserved for business and specialty tax returns upon availability. If you call the office to make an appointment and do not speak with someone or leave a message, then we have no record that you called. Please always speak to someone, leave a message or send a text to be sure your appointment is made.

If you had overtime pay and want to claim the exclusion up to $25,000, you will need to bring in or have electronic access to your final paystub for 2025 along with your W2 form for 2025. We will not be filing any tax returns without W2 forms. Paystubs cannot be used.

If you are an employee that collects tips those will be listed on your W2 form. You will be able to exclude up to $25,000 of your tip income but only on the federal return. Tips are 100% taxable to KY.

Even though we were hoping Social Security income would not be taxed for this tax year unfortunately, it still is. The One Big Beautiful Bill Act (OBBBA) signed into law on July 4, 2025, introduced a $6,000 per-person senior deduction for taxpayers aged 65 or older.

Child Tax Credit has been adjusted to $2200 for children aged 16 and under. Children over the age of 16 will have a child tax credit of $500.

Childcare credit has been expanded so that parents/guardians claiming the credit now have access to a credit up to 50% where previously it was up to 35%.

New this year, if you purchased a vehicle after 12-31-2024, and that vehicle was made in the USA, it is under 14,000 lbs., and it is for personal use only you can now claim the interest that was paid on your loan for this vehicle. If your vehicle was purchased prior to 12-31-2024 then this credit does not count.

For 2025, Homeowners can qualify for an energy tax credit of up to $3,200 for energy-efficient improvements made through December 31, 2025. This credit allows for 30% of the cost of energy efficient home upgrades to be deducted from federal taxes. Additionally, 2025 is the final year to claim the full 30% tax credit for solar or renewable energy systems. After this year, these credits will no longer be available.

The clean vehicle credit expires as of September 30, 2025. If you purchased a clean vehicle after that date, it would not qualify for the credit. This credit will no longer be available after 2025.

Thank you all so much for your continued support. We look forward to seeing you and helping with your taxes!!

Respectfully,

Nannette Cross Smallwood Jessica Bell

04/11/2025

02/19/2025

Nannette's Tax Service will be closed today, February 19th, because of the show. My apologies to everyone who has an appointment for today. We will reach out to those if you when we are back in the office, hopefully tomorrow.

10/11/2024

This message if for all of my clients that currently have LLC's. The new Beneficial Ownership Information (BOI) report that has to be filed by the end of the year is giving most of us anxiety because it's yet another form that we have to fill out. I've finally been able to find information on how and where to file the form and completed mine just yesterday. There are companies sending out letters, especially to new LLC owners, that states they will file the form for you, for a fee of course. The one that I saw yesterday had a fee of $175!! I went on the website, and it was pretty straight forward, some items were a little repetitive but not bad. The website to file your own BOI report for FREE is https://boiefiling.fincen.gov You will have to have several items: Federal ID Number/Employer Identification Number, Business Address, Business phone number, personal address, personal phone number, social security number, email address and a copy/picture of your drivers license. There are two ways to file this through their system: via .pdf or online. I chose the online option due to not having the current version of adobe. My office will be offering to file these for you and there will be a fee of $50 just for the time involved to get the information together and file the form. If you have any question, please give us a call and we'll do our best to help. If you simply want us to complete this for you then I need for you to email me that you would like us to do this and please attach a copy of your driver's license. I know this is lengthy, but I wanted to give as much information as possible.

Send a message to learn more

03/09/2024

Evening friends! As we hit the middle of March I just wanted to put it out there that I have VERY LIMITED appointments available in April and the end of March is completely booked. Jessica still has some availability in March and April. Drop offs are also welcome until the 1st week of April. Thank you all so much for another great year!

02/21/2024

Come see Sunny Boys BBQ in our parking lot today!

12/26/2023

Saw this today!

12/20/2023

Merry Christmas and Happy New Year!! We will start taking appointments as of January 9th, 2024. Our phone numbers are as follows: 270-234-0015 (land line), 270-317-7804 (office cell phone), and 270-982-1088 (FAX). The office cell phone stays in the office and DOES NOT go home with either Jessica or me. If you call and we do not answer, please leave a message. If you do not leave a message, we do not know how to help you or even that you called. Appointments will be Monday – Thursday from 10am to 7pm, Friday 10am to 6pm, Saturday 11am to 5pm. If you want to drop off your paperwork you can do that during the hours that we are open. Please be sure to write down a good telephone number on the outside of your paperwork. For right now I will not be making any appointments on Sundays. I will start taking Saturday appointments on February 3rd.

We had tax school last week and honestly there were not many changes that affected the clients that we work with.

Sometime last year my building was sold, and I am currently unsure what will be happening with my rent; however, I’m not moving if I can help it. I am anticipating that my rent will increase but I’m not sure the amount. Because of that I am going to have to raise my prices again this year. The increase per person should be approximately $10 to $15. I hate raising prices again because I know money is tight everywhere.

One more note on financial stuff folks. I’ve tried to be helpful to many clients and let them come back and pay me after their refunds are received. However, this year I’ve had way too many people not come back to pay. Because of this I will not be able to send in any tax returns without payment.

Thank you all for your patience and understanding last year with everything happening with my daughter. Her illness and surgery definitely made tax season a lot more difficult for Jessica and me. Nataleigh is doing so much better and I’m hopeful for a nice easy tax season. Due to the time of year and the fact that I’ve been stretched a little I will not be mailing out letters to you this year. My apologies but with everything else I haven’t had the time to get those together. If you have friends and/or family that aren’t on Facebook if you could please share this with them I would greatly appreciate it. We look forward to seeing you soon!! Again, Merry Christmas!!

04/18/2022

Well folks, tomorrow is tax deadline day! If you are a client of mine and need an extension please send me a message to be sure I get that done. Thank you all for your patience over the past two weeks. Nataleigh is doing better and better every day! This tax season has definitely been crazy and stressful.

04/15/2022

We are finally home! We came home yesterday afternoon. Thank you all so much for your kind words and prayers. She is doing great! Still having pain but is getting her appetite back and moving around more and more.

04/12/2022

Day 13
They pulled her JP tube today! She has gone from clear liquid to solid food already! The way it looks, we should hopefully be out of here soon. Thank you all for your kind words and continued prayers!

04/11/2022

Day 12 -
NO MORE NG TUBE! They pulled it out this morning and her drain tube should be coming out sometime today! Thank you all for your continued prayers! At this point the doctor thinks we should get to leave in a couple of days! We are all happy about that! Our girl is finally smiling and happy!