Ananiah's Tax Service

are invited to attend the upcoming webinar, One, Big, Beautiful Bill: Individual Tax Provisions, on March 3 at 2 p.m. Eastern. This free event will identify the individual tax provisions under the One, Big, Beautiful Bill and explain:

• Rules governing the 'No Tax on Tips' provision
• Rules governing the 'No Tax on Overtime' provision
• Eligibility requirements and limitations for the 'No Tax on Car Loan Interest' deduction
• Eligibility requirements and calculation rules for the Deduction for Seniors

A live Q&A will also be held during the session. can earn up to two CE credits. Learn more and register here: https://ow.ly/k0b950YhR1n

One, Big, Beautiful Bill provisions | Internal Revenue Service The One, Big, Beautiful Bill Act has a significant effect on your taxes, credits and deductions.

GAO Report 25-107429 urges the IRS to improve education on the adoption tax credit. Many families miss out due to unclear guidance and inconsistent tools. Better outreach could save parents money—and the IRS costly audits.

Read more at https://nstp.org/article/spotlight-adoption-credit

Did you know you can check the status of your amended return online? Around three weeks after you submit your Form 1040X, you can check the status of your return on the website. This can be a valuable time saver so you can spend more time with your loved ones.

Check the status of your amended return and get back to your summer fun at https://ow.ly/8KUN50WCUg5.

NCAA rules now allow student-athletes to benefit from their Name, Image and Likeness. But, don't forget that any income from those activities is taxable. TAS is here to give you the information you need to ace your taxes: https://ow.ly/1zrB50WLXsH

Preparing your classroom for the new school year? Eligible educators may deduct qualifying out-of-pocket expenses on their tax return next year. Qualifying expenses include books, supplies, computer equipment and supplementary materials that you use in your classroom.

Get more information from the at https://ow.ly/Azzw50WKpj5.

The new law adds a temporary extra deduction (up to $6,000) for taxpayers age 65+, phased out by AGI. It’s not an exclusion; Social Security income stays taxable. It starts in 2025 and ends after 2028.

Read more at https://nstp.org/article/social-security-press-release-regarding-hr1

Taxes on Social Security benefits were not eliminated despite what you've heard Experts say retiree Social Security is still taxable and you'll need to read the fine print to understand your situation and what you should withhold.

A successful filing season is not only an IRS imperative but also a national one. The smooth functioning of the U.S. tax system directly supports government operations and the lives of millions of taxpayers who rely on timely refunds. Efficient service, responsive communication, and secure data practices are core to maintaining public confidence and financial stability. https://ow.ly/vT2w50Wilvq

Offering childcare to your employees is more than just a greatly appreciated benefit for your workers, it can help lower your business taxes, too! Take a look at an tax tip where we explain the benefits of the employer-provided Childcare Tax Credit. The credit is worth up to $150,000 per year to offset qualified costs.

Find out if your qualifies at https://ow.ly/2za350WeWCj.