Moneywise

02/05/2026

🚨 Tax Season Is Here! 🚨
The 2026 tax filing season is officially open (IRS acceptance began January 26), and MoneyWise is ready to help you file with confidence.

🧾 We are now preparing 2025 tax returns for individuals and businesses.

📅 Appointments are booking quickly! Don’t wait for the peak-season rush.

👉 Message “TAX TIME” or send us a DM to schedule your appointment today.

📞 Call: 973-970-0153
🌐 Visit: moneywise1040.com

Providing Secure Remote Tax Filing with 38 Years Experience My services include preparation of individual and business returns, and bookkeeping services. Open Year Round Welcome Welcome to my website! This website exists to provide clients and potential clients with information concerning my unique,...

01/17/2026

🚨Tax season is approaching FAST – and our brand-new Moneywise business cards are here to help you get ahead! 🎉

Filing for 2025 taxes opens January 26, with the April 15 deadline right around the corner. Don’t wait – your local, family-owned accounting team in Crossville, TN (trusted since 1988!) is booking up quick for bookkeeping, payroll, and expert tax prep.

Fresh cards with QR code straight to moneywise1040.com – scan to get started today!

Love the new look? ❤️ Hit like, then SHARE this post or TAG a friend, family member, or small business owner who needs reliable help before spots fill up. Your share could save someone major tax headaches! Mention this post for a free initial consultation.

Quick connect:

📞 (973) 970-0153

📧 [email protected]

📍 119 Monticello Ln, Crossville, TN 38558

Let’s get organized early – who’s ready? 👇💼⏰

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01/13/2026

NO TAX ON OVERTIME!

Under the new One Big Beautiful Bill Act (OBBBA) tax reform, overtime earnings are now tax-free.

For the purpose of this explanation, assume your overtime is paid at a rate of time and a half. You will need to report the total amount of overtime you earned during the year — this figure is not shown on your W-2 but can be found on your final pay stub.

When filing your tax return, this amount is entered on Form 1040, Schedule 1A – Additional Deductions. This new schedule accommodates several updated tax benefits, including:
• No Tax on Tips
• No Tax on Overtime
• No Tax on Car Loan Interest
• Enhanced Deduction for Seniors

This example focuses specifically on the overtime adjustment. The deductible portion is the “half” component of your time-and-a-half pay — which equates to one-third of your total overtime earnings when paid at time and a half.

Let’s look at a quick example:
Taxpayer Suzie had her return initially completed using only her W-2. Upon reviewing her final pay stub, we found $6,000 in overtime pay. She qualifies to deduct one-third of that amount — $2,000 — which is entered on Form 1A, Part III, line 14a. This deduction flows through to line 38 (Total Additional Deductions) and then to Form 1040, line 13b, where it adds to her standard deduction and reduces her taxable income.

In Suzie’s case, her $2,000 overtime deduction reduced her tax liability by 10%, resulting in $200 in tax savings.
This is just one of several taxpayer-friendly features under the OBBBA — making overtime hours even more rewarding!

01/11/2026

🚨TAX TRUTH ALERT: Social Security & the New Tax Law 🚨
(Let’s clear up the confusion)

There’s a lot of buzz online about “NO TAX on Social Security.”
👉 Unfortunately, that’s not entirely true.

🔍 Here’s what’s really happening:

✅ Social Security benefits are still taxed under existing rules
✅ The new law offers an additional deduction, not a tax exemption

✨ Who may qualify?
🔹 Taxpayers age 65 or older may receive an extra $6,000 deduction
🔹 Married couples filing jointly may receive up to $12,000 (if both are 65+)
🔹 Income limits apply:
• Under $75,000 – Single
• Under $150,000 – Married Filing Jointly
🔹 A valid Social Security number is required
🔹 You do NOT need to be receiving Social Security benefits
🔹 This tax break is temporary and expires after 2028

📌 Bottom line:
This is not “no tax on Social Security” — it’s a temporary deduction for qualifying taxpayers.

💬 Have questions about how this affects your tax situation?
📞 MoneyWise is here to help.

🌐 moneywise1040.com
📱 973-970-0153

👉 Like, share, or save this post to help others avoid misinformation.

01/07/2026

📄 Health Insurance Tax Reminder: Form 1095-A Now Available 📄

If you had Marketplace health insurance, your 2025 Form 1095-A is now ready to download.

🔐 How to access your form:
1️⃣ Log in to your account at healthcare.gov
2️⃣ From the Welcome screen, check your Messages
3️⃣ Look for a message titled:
“You have a Form 1095-A for 2025”

📑 The document is 8 pages long, but for tax filing purposes, you typically only need Page 5 (Form 1095-A).

🖨️ Please print or save this page and include it with your 2025 tax documents.

📌 Important: This form is required to accurately prepare your tax return if you had Marketplace coverage.

💬 Have questions or need help?
📞 MoneyWise | 973-970-0153
🌐 moneywise1040.com

01/06/2026

🌟 Happy New Year! 🌟

As we kick off 2026, tax season is just around the corner—the IRS is expected to start accepting returns in late January, with the filing deadline on April 15, 2026.

Don’t let tax stress overshadow your fresh start! Now’s the perfect time to gather your documents (W-2s, 1099s, receipts) and get organized. I’m here at Moneywise to make it simple, accurate, and hassle-free—whether you’re an individual, small business owner, or need help maximizing deductions.

As your local, personalized accountant, I’m dedicated to saving you time and money. Book your appointment early to beat the rush!

📞 Call me at (973) 970-0153

💻 Message me or visit moneywise1040.com

What’s one financial goal you’re setting for 2026? Share below—I’d love to hear! 👇

Providing Secure Remote Tax Filing with 38 Years Experience My services include preparation of individual and business returns, and bookkeeping services. Open Year Round Welcome Welcome to my website! This website exists to provide clients and potential clients with information concerning my unique,...

12/29/2025

🔒 Protect Your Tax Return: Consider an IRS Identity Protection PIN (IP PIN) 🔒

The IRS offers a free IP PIN—a unique 6-digit code that adds strong protection against identity theft by preventing fraudulent filings using your SSN or ITIN.

Key Benefits:

• Enhanced security for your federal tax returns

• Voluntary enrollment (non-victims can opt out anytime via IRS online account)

Important Notes:

• A new PIN is issued annually

• The online tool is currently unavailable for maintenance and reopens in mid-January 2026

Ready to secure your 2026 filing? Contact Moneywise for guidance—we offer virtual and in-person support nationwide.

DM us or call 973-970-0153 today.

Pay your taxes. Get your refund status. Find IRS forms and answers to tax questions. We help you understand and meet your federal tax responsibilities.

12/27/2025

Hope you all had a wonderful Christmas filled with joy and maybe a few extra gifts under the tree! 🎄 Now that the wrapping paper’s settled, it’s a great time to gather those receipts and review any last-minute charitable donations or retirement contributions before December 31.

At Moneywise Accounting, we’re here to help you close out 2025 strong and start 2026 even wiser. Need a quick year-end check-in? Drop us a DM! 💼
✨

Send a message to learn more

12/25/2025

Wishing all our valued clients, partners, and friends a very Merry Christmas! 🎄

This year, we’ve been grateful to help you keep your finances perfectly balanced and on track. May your holidays be filled with joy, peace, and prosperity – and may your books always close in the black!

Thank you for trusting us with your numbers. Here’s to a bright and successful New Year ahead!

Warmest wishes,
Lori Plotner
Moneywise

12/24/2025

🎄 LAST CHANCE HOLIDAY TAX SAVINGS SPECIAL from Moneywise! 🎄

Stressed about taxes in the new year? Let us handle it!

Book a FREE Year-End Tax Review before December 31 and get:

• Spot hidden deductions to LOWER your 2025 taxes NOW

• Personalized plan to save BIG

• Plus, 20% OFF your 2025 tax preparation for new customers!

Spots are LIMITED—put extra holiday cash back in your pocket! 💰🎁

Comment “REVIEW” below or DM us to claim yours. (Virtual appointments available!)