2025 Tax Updates - Total Tax Time, LLC.

Expert Tax Preparation You Can Trust

New Tax Updates for the 2025 Tax Season

Get the Latest Tax Filing Information: For the 2025 tax season (filing 2024 returns), we provide timely updates on tax law changes, new deductions, and credits that may impact your return. All updates are sourced directly from IRS.gov to ensure accuracy and compliance. Visit this page regularly or consult with us to stay informed on how these changes may affect your filings.

The following information comes from the latest information on IRS.GOV! - Key Updates for the 2025 Tax Season

1. Adjusted Income Tax Brackets and Standard Deductions

Summary: Updates on 2025 federal income tax brackets and standard deductions, reflecting any changes in IRS guidelines.
Effective Date: January 1, 2025

2. Enhanced Child Tax Credit and Earned Income Tax Credit

Details: Information on increased credits for qualifying families, eligibility adjustments, and how to claim these credits.

3. New Deduction Limits for Self-Employed and Small Business Owners

Highlights: Important changes for business expense deductions, including updates on mileage rates and office expenses.

For more details on any update, contact us or check directly at IRS.gov.

Frequently Asked Questions

What do I need to bring when getting my taxes done?

Please bring the following:

- Photo ID, Social Security cards for yourself and any dependents
- W-2s, 1099s, and any other income documents
- Deduction and credit documentation (receipts, student loan interest, mortgage interest, etc.)
- Any prior year tax returns, if available
- Direct deposit information (bank routing and account number)
- Any court order documents, birth certificates, and/or death certificates

Where are you located?

How much does tax preparation cost?

Our tax preparation fees start at $249, depending on the complexity and year of the return.

What are your seasonal hours?

Tax Season Hours (January – April):
- Monday – Friday: 10:00 a.m. – 6:00 p.m.
- Saturday: 10:00 a.m. – 1:00 p.m.
- Closed on Sundays
Off-Season Hours (May – December): By appointment only

What can I write off as a business expense?

Generally, you can write off any expense that is considered “ordinary and necessary” for your business operations. This includes office supplies, advertising, travel, and certain home office expenses. Refer to IRS guidelines or consult us for specifics.

Have a Question? Ask Us Directly!

Use the form below to ask any specific tax-related questions. Our team will get back to you promptly with guidance or to schedule a consultation.