Diversified Business Essentials LLC

04/03/2026

03/30/2026

Due to the high volume of work this tax season and recent tax law changes, we have established a strict deadline. All tax information must be submitted by Monday, April 6, 2026. Any information received after this date will require an extension to be filed. We appreciate your understanding and cooperation.

03/24/2026

Please note only services available today March 24 and March 25 are drop off only!

03/03/2026

What exactly is the no tax on tips new this year?

Employees and self-employed individuals may deduct qualified tips received in certain qualified occupations, such as wait staff, bartenders, salon workers, personal trainers, gig economy workers, and many more who customarily and regularly receive tips might qualify.

Taxpayers may be able to claim a deduction for qualified tips paid to them in 2025 that are included on Form W-2, Form 1099-NEC, Form 1099-MISC, Form 1099-K, or reported directly by them 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.
The deduction phases out for taxpayers with modified adjusted gross income over $150,000 ($300,000 for joint filers)

03/02/2026

If you earn overtime pay at work, you may be able to deduct up to $12,500 of qualified overtime compensation on your federal income tax return (up to $25,000 for married people filing a joint return). Married Filing Separately CAN NOT TAKE THE DEDUCTION!

The overtime deduction is gradually phased out – potentially to $0 – if your modified adjusted gross income exceeds $150,000 ($300,000 for joint filers).

Despite the “No Tax on Overtime” label, the overtime deduction does not completely eliminate taxes on overtime pay. Some people may still owe federal and/or state income tax on their overtime pay, and payroll taxes still apply to it.

The deduction amount may be listed in block 14 of you W2, a letter from your employer stating the OT Premium Amount or lastly your last paystub of 2025 will be needed and must be listed as 1.5 OT or Double Time. The amounts aren’t fully deductible just the premium
OT which would be 1/3 or 1/4 of the amount depending on which OT you worked.

The overtime deduction is temporary – it only applies for the 2025 to 2028 tax years.

03/01/2026

This tax season has been confusing for a lot of tax payers. Today's clarification that seems to come across many times a day with clients is the $6,000 Tax Credit For individuals 65 and over.

Starting with the 2025 tax year (filed in 2026), taxpayers aged 65 and older may claim a new, additional $6,000 "senior bonus" deduction ($12,000 for married couples if both qualify), reducing taxable income. THIS IS NOT A DIRECT REFUND but a deduction for federal income taxes available through 2028.
$6,000 Senior Deduction:
Eligibility: You must be 65 or older by Dec. 31, 2025, and have a Social Security number.
Income Limit: The deduction phases out for those with a Modified Adjusted Gross Income (MAGI) over $75,000 (single) or $150,000 (married filing jointly).
How it Works: This deduction is in addition to the standard deduction and existing extra standard deduction for seniors.
Claiming: It is claimed on federal income tax returns using Schedule 1-A (Form 1040).

Sorry but it is not an additional $6,000 or $12,000 in your tax refund, nor will you get it if you don't get a refund or lessen the amount you may owe.

03/01/2026

Office hours for the month of March has changed please note the following:

Monday thru Thursday
10 am to 5 pm For Appointments and Pickups

Friday
10 am to 1 pm For Appointments and Pickups

Saturday
10 am to 12 pm For Appointments and Pickups

Drop off box available Monday thru Saturday 10 am to 6 pm

NOTE: Will Be Closed March 24-26 &
April 2-5.
Last day to drop off taxes and for appointments will be April 8.

Any questions contact the office.

02/17/2026

Due to the Redstone Township sewage project Filbert Heights Road is closed on the side of the Redstone Candy Company to access our business location. Clients will need to use the entrance to the road from the second entrance if you are coming from the Route 166 area. Any issues or questions contact the office. Sorry for any inconveniences as it is out of our control. Your cooperation is appreciated.

02/07/2026

If you claimed the Earned Income Tax Credit or the Additional Child Tax Credit and are wondering where your refund is, don’t panic. You can expect to get your refund by March 3 if:

• You filed your return online
• You chose to get your refund by direct deposit
• We found no issues with your return

However, some taxpayers may see their refunds a few days earlier. Check Where’s My Refund for your personalized refund date. Visit here for more info: www.irs.gov/refundtiming

02/05/2026

Today Thursday
Feb 5, 2026 hours will be 1 pm to 4 pm for in person meetings. Drop box is Monday thru Saturday 10 am to 6 pm.

01/31/2026

Closed Saturday
Jan 31, 2026