Fearon Tax Preparation Services

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.

01/20/2025

https://www.snopes.com/fact-check/trump-child-support-taxes/

The U.S. president made many promises ahead of his January 2025 inauguration.

11/23/2024

http://youtube.com/post/UgkxUNXQdhmGpA2Za0DmS43TdVcoSS4gQgVg?si=p6BQi3BmE76by-jd

The upcoming tax filing season doesn't have to burst your bubble. Pull back the curtain to reveal tips to prepare for the filing season; no smoke and mi...

04/21/2024

Do you need you boat to be refinished? Look no further.

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04/07/2024

If you owe taxes and can't pay the balance by the deadline, make sure to file your return on time and pay as much as you can. Filing on time will help you avoid additional penalties from piling up. An reminder: An extension of time to file is not an extension of time pay

04/07/2024

April 15, 2024 - DEADLINE FOR FILING

The deadline for filing a federal income tax return is Monday, April 15, 2024. Because of state holidays, residents of Maine and Massachusetts have until April 17, 2024.

WHY WAIT ? REACH OUT TO US