Sargon For your income tax

Sargon For your income tax Sargon is here to help you with your income tax preparation.

02/09/2026
02/04/2026

1099-K Update (Important!)

The $600 1099-K rule is NOT being enforced right now at the federal level.

- For recent tax years, payment apps like PayPal, Venmo, Zelle, Cash App, Etsy, eBay, etc. generally do NOT have to issue a 1099-K just because you hit $600.

- The IRS has delayed the rule and is using higher thresholds for now.

**Reminder:
Even if you don’t receive a 1099-K, all taxable income must still be reported on your tax return.

** Also note:
• This is federal — some states may have lower rules
• The $600 rule still applies to 1099-NEC, not 1099-K

Stay informed. Tax rules change fast

Sargon For your income tax

Are you ready for 2025 tax season...? Book your appointment today ( Text, message, or call)All are welcome for the fast ...
01/16/2026

Are you ready for 2025 tax season...?
Book your appointment today ( Text, message, or call)
All are welcome for the fast refund and maximum deduction
*)Follow on Facebook for all updates from IRS..

01/07/2026

(( 2026 vs 2025 Tax Changes))

1) Tax brackets shifted for 2026
• Lower brackets moved up about 4%
• Higher brackets rose about 2.3%
Meaning you can earn a bit more before hitting higher taxes in 2026 vs 2025.

2) Standard deductions increased
• Married filing jointly: $32,200
• Single: $16,100
• Head of household: $24,150
Larger chunk of income is tax-free.

3) New temporary tax breaks (2025–2028)
- No federal tax on tips and qualified overtime up to limits
- Child Tax Credit increased from $2,000 to $2,200
- Vehicle loan interest deduction for qualifying U.S.-assembled cars
- Extra deduction for some seniors’ Social Security income These are part of the “Big Beautiful Bill.”

4) IRS Direct File is ending
• The IRS free IRS Direct File system will not be available next year.

5) When you can file & deadlines
• IRS usually starts processing returns late January

• Tax day is April 15, 2026 (without extension).

NI TAXES on OVERTIME!As of 2025, the IRS rolled out one of the biggest middle-class tax relief moves in ages: No federal...
01/06/2026

NI TAXES on OVERTIME!

As of 2025, the IRS rolled out one of the biggest middle-class tax relief moves in ages: No federal income tax on qualified overtime pay (via a new deduction).

What it really means: That extra “half” from time-and-a-half overtime? You can deduct it from your taxable income.

Key details that matter:
• Up to $12,500 deductible per year ($25,000 if married filing jointly)
• Starts phasing out at $150k income (single) or $300k (joint)
• Works for W-2 employees, 1099 contractors, and other qualifying setups
• Runs through 2028 — so you’ve got this relief for the 2025-2028 tax years

Hard work via overtime was always meant to pay off extra. For the next few years, Uncle Sam is finally making it feel that way again.

Sargon For your income tax

Ready for your income tax?
01/05/2026

Ready for your income tax?

Gather all the necessary tax paperwork and records needed to file a complete and accurate tax return. Sargon For your income tax

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