Tax Team INC

06/19/2026

We celebrate our vibrant community and the chance to unite in honor of freedom, equality, and mutual respect. Wishing everyone a safe and meaningful Juneteenth. ❤️🖤💚

05/24/2026

01/08/2026

The IRS is Eliminating 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.

Who’s putting in extra hours & cashing in?

12/27/2024

New date is January 13th 2025