PFME, LLC Tax Services

09/13/2026

The new $6,000 tax break for seniors is a temporary federal tax deduction providing up to $6,000 for individuals aged 65 or older ($12,000 for qualifying married couples) from tax years 2025 through 2028.

Key Details
Amount: Up to $6,000 per eligible person ($12,000 max for joint filers if both spouses qualify).

Timeline: Available for tax years 2025 through 2028.

How it works: It reduces your taxable income and can be claimed whether you take the standard deduction or itemize your deductions. It also "stacks" on top of the existing additional standard deduction for seniors.

Income Limits: The full deduction is available for single filers with a modified adjusted gross income (MAGI) of $75,000 or less, and $150,000 or less for married couples filing jointly. It phases out gradually and is completely eliminated for single filers making $175,000+ or joint filers making $250,000+.

Filing Status: Married filing separately does not qualify.

You can read more about qualifications directly from the IRS Enhanced Deduction for Seniors guide.

09/13/2026

Projected 2027 Standard Deductions

Single / Married Filing Separately: $16,600 (up from $16,100 in 2026)

Married Filing Jointly / Surviving Spouse: $33,200 (up from $32,200 in 2026)

Head of Household: $24,900 (up from $24,150 in 2026)

Tax Brackets for Single Filers
10% rate: $0 to $12,800
12% rate: $12,801 to $52,025
22% rate: $52,026 to $109,125
24% rate: $109,126 to $208,325
32% rate: $208,326 to $264,550
35% rate: $264,551 to $661,375
37% rate: Over $661,375

Official IRS Adjustments Released So Far

Health Savings Accounts (HSAs): The IRS released official limits via Revenue Procedure 2026-24.

Self-only coverage limits rise to $4,500, and family coverage limits increase to $9,000.

Official IRS Brackets: The IRS will release official, finalized figures for income tax brackets later in the fall.

Many tax, expensing, and penalty figures are adjusted annually for cost-of-living increases. These 2027 inflation-adjusted tax numbers are Thomson Reuters estimates.

04/06/2026

Down to the home stretch. In 10 days tax season will be over. Get in now to make sure your tax return is done correctly and on time to avoid penalties and interest...

We can also file an extension for you.

Don't let the sun set and leave you behind paying unnecessary fees.

02/18/2026

Let us take the stress out of the IRS, with over 27 years of experience in tax preparation, and over 40 years of accountancy.

We will help you stay abreast of the new tax laws and help you navigate them.

Do you have an LLC? Let us help you incorporate the new tax laws from the BBBA that will help you to keep more money in your pocket and avoid paying self-employment taxes.

Do you need a bookkeeper or an accountant to help keep you compliant with the new tax laws? We're here to help. We have an on staff bookkeeper that will take the reigns and get your books in order.

Are you ready to get your new business registered? We've got you covered. Tell us what you want and we'll get your business up and running within a few days.

Give us a call today to get you taken care of. (801) 970-0394.

You can also use our calendly app to book your own appointment by using.

calendly.com/taxpfme

Have a great day and reach out to us today.

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01/15/2026

Our office is now open as of today to start doing taxes. We will be opening the office at noon . Book your appointment early.