Fearon Tax Preparation Services

07/03/2026

🇺🇸 Happy July 4th from Fearon Tax Preparation Service! 🇺🇸

Wishing our community a bright, joyful, and safe Independence Day filled with celebration, gratitude, and good vibes. On the 4th we honor the freedom, opportunity, and resilience that make this country special — and we’re proud to serve you with integrity and trust each tax season.

Enjoy the fireworks, the family time, and the festivities.
Have a wonderful Fourth of July!

Fearon Tax Preparation Service
Committed to serving you with excellence.

12/30/2025

🌟 Fearon Tax Preparation Services

Your Trusted Partner for Accurate, Compliant, and Stress‑Free Tax Filing

Tax season doesn’t have to be overwhelming. With over 30 years of expertise in regulatory compliance, fraud prevention, and financial documentation, Fearon Tax Preparation Services delivers the clarity, accuracy, and confidence you deserve.

✔️ What We Offer

• Individual & Small Business Tax Preparation
• Multi-States Focused Compliance Expertise
• IRS & State Filing Support
• Year‑Round Guidance for Tax Planning
• Secure, Confidential Document Handling
• Clear Explanations—No Jargon, No Surprises

✔️ Why Clients Choose Us

• Decades of experience in complex financial review
• Precision-driven approach to every return
• Transparent pricing and personalized service
• Fast turnaround without sacrificing accuracy
• Support tailored to your unique financial situation

📞 Ready to File With Confidence?

Let Fearon Tax Preparation Services take the stress out of tax season.
Professional. Reliable. Detail‑Driven.

Contact us today to get started.
Email: [email protected]
Phone: (516) 459-5401

12/29/2025

It’s not too early to get ready for the 2026 tax season

Gather and organize tax records
Having organized tax records helps taxpayers file complete and accurate tax returns and avoid errors that could delay refunds. Start by collecting:
* Bank account information.
* Forms W-2 from your employer(s).
* Forms 1099 from banks and other payers.
* Records of digital asset transactions.
Taxpayers should wait to file until they have received all their tax records. Keeping documents organized can also make it easier to locate information needed to claim deductions or credits.

12/22/2025

NO TAX ON OVERTIME. Know the facts:

Here’s the clean, operational breakdown of how “No Tax on Overtime” actually works, based on the latest details from the 2025–2028 federal deduction.

How “No Tax on Overtime” Works (2025–2028)

This isn’t a full exemption of all overtime pay.
It’s a federal tax deduction that lets eligible workers deduct the overtime premium portion of their pay — the “half‑time” part of time‑and‑a‑half.

So if you earn 1.5× your hourly rate for OT, only the extra 0.5× is deductible.

What Counts as Deductible

✔️ Eligible

• Only the FLSA‑mandated overtime premium (the extra 50% for hours >40/week)

• Applies to W‑2 employees with valid Social Security numbers Jackson Hewitt

❌ Not Eligible

• The base hourly portion of overtime
• Daily overtime (e.g., after 8 hours/day)
• Shift differentials, bonuses, hazard pay, or union premiums not tied to federal OT rules

• Married filing separately filers

Example:

• Regular rate: $25/hr
• OT rate: $37.50/hr
• Premium portion: $12.50/hr
• 10 OT hours → $125 deductible
You deduct that $125 from your taxable income.

💰 Income Limits

• Deduction phases out starting at:• $150,000 MAGI (single)
• $300,000 MAGI (joint)

Deduction Limits

• Up to $12,500 per year (single)
• Up to $25,000 per year (joint)

IRS guidance is still pending on whether 1099 contractors will be included.

10/04/2025

New York State began issuing one-time "inflation refund" checks in late September 2025 to provide relief from increased sales taxes. The payments, which do not require an application, are being automatically mailed to eligible taxpayers based on their 2023 state tax filings.

01/22/2025

2025 TAX SEASON BEGINS JANUARY 27th

Don’t delay, it’s always wise to file early.

IR-2025-08, Jan. 10, 2025 — The Internal Revenue Service today announced that the nation’s 2025 tax season will start on Monday, Jan. 27, 2025, and will feature expanded and enhanced tools to help taxpayers as a result of the agency’s historic modernization efforts.