Pam's Income Tax Service Inc. Pam Keyton RTRP -Owner

12/11/2025

401(k) limit increase for 2026
The IRS announced that the amount individuals can contribute to their 401(k) plans in 2026 has increased to $24,500, up from $23,500 for 2025. The agency also issued technical guidance regarding all cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2026.

12/05/2025

WE HAVE MOVED! WE ARE ACCEPTING NEW CLIENTS!
We are excited to announce that Pam's Tax Service has moved our office. Our new address is 116 South Central Street in the McRae Building (formerly McRae Insurance) to better serve our clients.. Our phone has not changed. Give us a call at 478-237-8318 or Email me at [email protected] for all your Business or Personal Income Tax needs. We still offer all Business and Individual Income Tax Preparation and Notary Public. We offer Refund Advance Loans. We offer Sales Tax and a complete line of Bookkeeping Services. Free Quotes and All Work is Professionally Prepared and Confidential. We have served Emanuel and surrounding areas for the past 30 years and will continue to offer the same Professional Courteous service.

12/05/2025

New deduction: Effective for 2025 through 2028, individuals who are age 65 and older may claim an additional deduction of $6,000. This new deduction is in addition to the current additional standard deduction for seniors under existing law.

The $6,000 senior deduction is per eligible individual (or $12,000 total for a married couple where both spouses qualify).
Deduction phases out for taxpayers with modified adjusted gross income over $75,000 ($150,000 for joint filers).
Qualifying taxpayers: The taxpayer must attain age 65 on or before the last day of the taxable year.

Taxpayer eligibility: Deduction is available for both itemizing and non-itemizing taxpayers.

Taxpayers must:

Include the Social Security number of the qualifying individual(s) on the return
File jointly, if married, to claim the deduction

12/05/2025

For tax years 2025 through 2028, individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay (generally, the “half” portion of “time-and-a-half” compensation) that is required by the Fair Labor Standards Act and reported on a Form W-2, Form 1099, or other specified statement furnished to the individual.

Maximum annual deduction is $12,500 ($25,000 for joint filers).
Deduction phases out for taxpayers with modified adjusted gross income over $150,000 ($300,000 for joint filers).
The deduction is available for both itemizing and non-itemizing taxpayers.

12/05/2025

Get or view their Identity Protection PIN (IP PIN).

12/05/2025

We Specialize in Business and Individual Income Tax Preparation, Farming, and Trucking, Notary Public and Bookkeeping.

12/05/2025

Friendly Reminder:
IP PIN will be unavailable: Nov. 16, 2025 – January 2026
The IP PIN service is unavailable in Individual Online Account during this annual maintenance period.

Please check back in January to get or view an IP PIN in your online account. If you received an IP PIN last year you will receive one this year.You should receive a letter in December with your IP PIN Number.

12/05/2025

Get ready for the 2026 tax season
The IRS encourages taxpayers to take steps now to prepare for the upcoming filing season by visiting IRS.gov/GetReady for tips on what is new and what to consider before filing.

Get ready to file your taxes. See tips that can make filing taxes easier next year. Learn about tax law changes, how to view your tax account information online, and ways to get help.

10/10/2025

Members of the U.S. Armed Forces have special tax situations and benefits. Understand how that affects you and your taxes.