Dee's Tax Services INC

01/10/2026

The IRS has announced they will begin accepting and processing 2025 taxes on January 26, 2026...

Send a message to learn more

11/25/2025

We've had many questions about "No tax on overtime." To clarify, it won't be included on your W2.

Ideally, your employer will provide a statement with your qualified overtime, but that's not always the case. If you receive this statement, please bring it to your appointment.

For tax season 2025, we'll need your last 2025 pay stub, along with your W2s and other usual forms, to calculate your overtime tax credit. Thank you!

09/29/2025

Please read about “No tax on tips, overtime, and Social Security Income.” There are rules and stipulations that may or may not apply to you starting in tax year 2025.

Below are descriptions of new provisions from the One, Big, Beautiful Bill Act, signed into law on July 4, 2025, as Public Law 119-21, that go into effect for 2025.

“No Tax on Tips”

New deduction: Effective for 2025 through 2028, employees and self-employed individuals may deduct qualified tips received in occupations that are listed by the IRS as customarily and regularly receiving tips on or before December 31, 2024, and that are reported on a Form W-2, Form 1099, or other specified statement furnished to the individual or reported directly by the individual on Form 4137.
“Qualified tips” are voluntary cash or charged tips received from customers or through tip sharing.

Maximum annual deduction is $25,000; for self-employed, deduction may not exceed individual’s net income (without regard to this deduction) from the trade or business in which the tips were earned.

Deduction phases out for taxpayers with modified adjusted gross income over $150,000 ($300,000 for joint filers).

Taxpayer eligibility: Deduction is available for both itemizing and non-itemizing taxpayers.
Self-employed individuals in a Specified Service Trade or Business (SSTB) under section 199A are not eligible. Employees whose employer is in an SSTB also are not eligible.

Guidance: By October 2, 2025, the IRS must publish a list of occupations that “customarily and regularly” received tips on or before December 31, 2024.

“No Tax on Overtime”

New deduction: Effective for 2025 through 2028, individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay – such as the “half” portion of “time-and-a-half” compensation -- that is required by the Fair Labor Standards Act (FLSA) and that is reported on a Form W-2, Form 1099, or other specified statement furnished to the individual.

Maximum annual deduction is $12,500 ($25,000 for joint filers).

Deduction phases out for taxpayers with modified adjusted gross income over $150,000 ($300,000 for joint filers).

Taxpayer eligibility: Deduction is available for both itemizing and non-itemizing taxpayers.

Deduction for Seniors (AKA No tax on Social Security income)
New deduction: Effective for 2025 through 2028, individuals who are age 65 and older may claim an additional deduction of $6,000. This new deduction is in addition to the current additional standard deduction for seniors under existing law.

The $6,000 senior deduction is per eligible individual (i.e., $12,000 total for a married couple where both spouses qualify).

Deduction phases out for taxpayers with modified adjusted gross income over $75,000 ($150,000 for joint filers).

Qualifying taxpayers: To qualify for the additional deduction, a taxpayer must attain age 65 on or before the last day of the taxable year.

Taxpayer eligibility: Deduction is available for both itemizing and non-itemizing taxpayers.

FS-2025-03, July 14, 2025 — Provisions from the One, Big, Beautiful Bill Act, which was signed into law on July 4, 2025.

04/29/2025

Thanks for another wonderful tax season! We’ve officially moved out of our offices at the Meridian Village. Please be sure to call or text us if you still need tax preparation assistance.

04/02/2025

2024 tax season is almost over! Give us a call or schedule online yourself!

https://deetaxservices.as.me/schedule/512999ae/appointment/28873256/calendar/6317068

03/20/2025

Hello! We've got an update on IRS penalties that can help you stay on top of your finances. If you're someone who owes a significant amount, you might not be aware that the IRS requires estimated payments throughout the year for the next tax year. We just had a client reach out about a letter they received from the IRS, and we want to make sure you're informed.

If you owe more than $1,000, you're considered an excessive ower. To avoid the enforced penalties, you'll need to pay at least 90% of your tax liability during the year. The good news is that you can take control of your payments and avoid these penalties.

For more information, you can visit https://www.irs.gov/taxtopics/tc306.

Topic no. 306, Penalty for underpayment of estimated tax

12/27/2024

We are excited to announce the official launch of our online scheduling system for appointments. This year, we have introduced a new QR code for your convenience, which will be utilized going forward. Please note that while our old QR code will remain functional, it will display an advertisement that must be skipped to access our scheduling page.

We will be mailing out postcards within the next week.

As always, you can call to schedule an appointment at 208-922-5894.

Thank you!

Schedule your appointment online Dee's Tax Services INC

12/23/2024

Beginning in the 2025 filing season, the IRS will accept Forms 1040, 1040-NR and 1040-SS even if a dependent has already been claimed on a previously filed return as long as the primary taxpayer on the second return includes a valid Identity Protection Personal Identification Number (IP PIN). This change will reduce the time for the agency to receive the tax return and accelerate the issuance of tax refunds for those with duplicate dependent returns. In previous years, the second tax return had to be filed by paper.
Using an IP PIN is a way for taxpayers to help protect themselves against identity theft.
With the new changes being made by the IRS, the IP PIN will also help protect taxpayers when someone fraudulently claims a taxpayer's dependent.
You can request this PIN in the link below

Get an Identity Protection PIN (IP PIN) to protect your tax account.

10/23/2024

Hello! This one is for our business owners. If you haven’t already been informed we have a local law that will be enforced on January 1, 2025. You must register your business for the Beneficiary Owners Information Registration (BOIR) if you have a qualifying business or else they will charge you a fee of up to $500 per day! We can do this registration for you as a service just reach out to us, our phone number is 208-922-5894! You can also register yourself on the website.

Thank you 😊

06/09/2024

https://www.msn.com/en-us/money/retirement/this-social-security-spousal-rule-is-officially-finished-in-2024-but-these-3-strategies-remain/ar-AA1mRJBF?ocid=msedgntp&pc=DCTS&cvid=6ebfa2de55874f4a8c20e4d4b012b646&ei=27

A Social Security spousal rule that has been around for decades officially ends this year for everyone except those who turned 70 on Jan. 1, 2024. The rule allows recipients to switch between their...

04/18/2024

Hello everyone! Thanks again for a wonderful tax season. We have had a few clients ask us about the IRS sending text messages. The IRS does NOT text! These text messages are scam. Please do not click on their links. This is a way to obtain you personal sensitive information such as social security number, date of birth and home address. It could come from different numbers so please be aware and careful.

Thank you

04/02/2024

We still have last minute appointments available! We are located at the beautiful Meridian Village please give us a call at 208-922-5894 or visit our scheduling website at https://Deetaxservices.as.me/