When you’re ready to prepare your tax paperwork, these organizers we put together can help you to get organized and prepared. We now have integrated a secure cloud based software to allow our clients to securely upload and download any tax forms. Please follow the link to set up your account. You will need to create a username and password. A mobile app is available if you would like to use it. 

• 2025 Tax Organizer Schedule A B and D
• 2025 Organizer 1065 or 1120S
• 2025 Corporate and Partnership Check List
• 2025 Organizer Schedule C
• 2025 Organizer Schedule E
• Client Portal (New 2026) Request an Invitation from our office to gain access

• IRS Home Page
• Where is my refund?
• Federal Estimated Tax Payment Vouchers
• Pay your IRS tax bill

2025 Mileage Rates

• Business 70¢ / mile
• Medical 21¢ / mile
• Moving 21¢ / mile (disallowed except for military)
• Charitable 14¢ / mile

2026 Mileage Rates

• Business 71-73¢ / mile (not yet released as of 12/27/25)
• Medical 21¢ / mile
• Moving 21¢ / mile (disallowed except for military)
• Charitable 14¢ / mile

Things that can impact this 2025 tax year’s tax return:

• The 2024 tax filing season will begin on Monday, January 24th, 2026. Any returns claiming the EIC (Earned Income Credit) will not be processed before (to be determined yet).
• The due dates on Federal schedule 1040’s and 1041’s are April 15th, 2026. Maine and Massachusetts have until April 17th, 2026. Also, form 1065 and 1120 are due on March 15th, 2026. The extended due date for corporations, partnerships and fiduciary returns is September 15th, 2026. All individual returns that have been extended are due on October 15th, 2026.

FICA

• Social Security (OASDI) Wage Base $176,100 (2025) $184,500 (2026))
• Medicare (HI) Wage Base No Limit
• Social Security (OASDI) Percentage 6.2%
• Medicare (HI) Percentage 1.45% (2.35% for individuals earning over $200,000)
• Maximum Employee Social Security (OASDI) Withholding $$11,439.00 (2026)
• Maximum Medicare (HI) Withholding No Limit
• Maximum Amount of Earnings to Still Receive Full Benefits Under Full Retirement Age $23,400 (2025) $24,480 (2026)
• Depending on your income, you might pay income tax on part of your Social Security income. If combined income is more than $44,000, they’ll be taxed on up to 85% of their benefits. Keep in mind the new “Big Beautiful bill has provisions to remove up to $12,000 of potential tax on your social security benefits
• For singles, those income thresholds are between $25,000 and $34,000 for 50%, and more than $34,000 for 85% (A very good tax strategy works if you collect social security and have combined income of less than the threshold figures. Your social security is tax free and any combined income is virtually tax-free)

Things that will affect your 2025 & 2026 tax return:

Tax Changes

• Here are the 2025 standard deduction amounts for each filing status:
  

  Filing Status	Standard Deduction Amount
  Single	$15,750
  Married Filing Jointly or Qualifying Widow(er)	$31,500
  Married Filing Separately	$15,750
  Head of Household	$23,625

  There is an additional standard deduction of $1,600 for taxpayers who are over age 65 or blind. The amount of the additional standard deduction increases to $2,000 for taxpayers who are claiming the “single” or “head of household” filing status.

• The following is the updated information on the earned income credit (EIC) for 2025

• Number of Qualifying Children	Max Credit (2025)	Max Credit (2024)	2025 Income Phase-Out Range (Single/HoH)	2025 Income Phase-Out Range (Married Filing Jointly)
  Zero Children (Ages 25-64)	$649	$632	$0 – $19,104	$0 – $26,214
  One Child	$4,328	$4,213	$0 – $50,434	$0 – $57,554
  Two Children	$7,152	$6,960	$0 – $57,310	$0 – $64,430
  Three or More Children	$8,046	$7,830	$0 – $61,555	$0 – $68,675

• Dependent Exemption: Eliminated
• State, local and property taxes: They are now increased to $40k. (Schedule A)
• New tax brackets are now in effect: 10%, 12%, 22%, 24%, 32%, 35%, 37%. This will reduce your overall taxes by anywhere from 1%-4% depending on your income levels, filing status, etc.
• Mortgage Interest: Under the new tax law, homeowners can only deduct interest they pay on home mortgage debt less than $750,000, down from the former cap of $1,000,000.
• Child Tax Credit: This credit has been increased to $2,200 per child.
• Capital Gains and Dividends: No change
• American Opportunity Credit: $2,500 per year maximum (100% of the first $2,000 of qualifying expenses and 25% of the next $2,000). Phaseouts apply as well.
• Qualifying expenses include Tuition, Fees you are required to pay in order to enroll in a course or program, Books, Classroom supplies and equipment
• Section 179: Up to $1,250,000. However, there is a limit to how much eligible equipment a business can purchase and still receive a deduction.
• In 2025, the bonus depreciation rate will drop to 40%, falling by 20% per year thereafter until it is completely phased out in 2027 (assuming Congress doesn’t take action to extend it).
• Estate Tax: You can pass your heirs up to $13.99 million tax-free (for single filers, double that to $27.98 for married couples).
• S-Corporations, partnerships, LLC’s and sole proprietors: The majority of these companies get to deduct 20% of their income tax-free (Section 199A. If your total taxable income — that is, not just your business income but other income as well — is at or below $197,300 for single filers or $384,600 for joint filers in 2025 you may qualify for the 20% deduction on your taxable business income.

2025 AMT Changes

• Filing Status: AMT Exemption Amount
• Excess Taxable Rate (28%) Income Threshold Base
• AMTI exemption phaseout range
• Single $85,700 and begins to phase out at $609,350
• Joint Returns or Surviving Spouses $137,000 and begins to phase out at $1,252,700
• Married Individuals Filing Separate Returns $68,500
• Estates and Trusts $30,700

The Tax Bill suspends all miscellaneous itemized deductions that are subject to the 2% floor under present law. This includes the following deductions that an employee had been permitted to deduct under current law:

1. 1. Casualty and theft losses from property used in performing services as an employee;
   2. Business bad debt of an employee;
   3. Business liability insurance premiums;
   4. Damages paid to a former employer for breach of an employment contract;
   5. Depreciation on a computer a employee’s employer requires him or her to use in his or her work;
   6. Dues to a chamber of commerce if membership helps the employee perform his or her job;
   7. Dues to professional societies;
   8. Educator expenses;
   9. Home office or part of a employee’s home used regularly and exclusively in his or her work;
   10. Job search expenses in the employee’s present occupation;
   11. Legal fees related to the employee’s job;
   12. Licenses and regulatory fees;
   13. Malpractice insurance premiums;
   14. Medical examinations required by an employer;
   15. Occupational taxes;
   16. Passport fees for a business trip;
   17. Research expenses of a college professor;
   18. Subscriptions to professional journals and trade magazines related to the employee’s work;
   19. Tools and supplies used in the employee’s work;
   20. Costs for travel, transportation, meals, entertainment, gifts, and local lodging related to the employee’s work;
   21. Union dues and expenses;
   22. Work clothes and uniforms if required and not suitable for everyday use; and
   23. Work-related education. The Tax Bill suspends all miscellaneous itemized deductions that are subject to the 2% floor under present law. This includes the following deductions that an employee had been permitted to deduct under current law.