Taylor Tax Service

01/09/2026

It’s almost time to get your 2025 tax returns prepared Our Centre Hall office and Bellefonte office have drop boxes for drop off’s and they are ready to go.

Our office hours will begin in Centre Hall on January 20th. (Tuesday, Thursday 1:30 -5:30 PM. Saturday 8 - 10 AM) Bellefonte office begins on January 21st. (Wednesday, Friday 1:30 - 5:30PM. Saturday 10 AM - Noon) You may use the dropbox at either location before these dates. We will check them daily.

The IRS has announced the date for efiling to begin on January 26th. If you have all your information and are ready to have your taxes prepared before this date, please get them to me and I will have everything ready to eFile on the 26th.

Reminder that our Centre Hall office is now located to the rear of 151 N. Pennsylvania Ave.  if you turn onto W. Locust St. and head towards the Centre Hall elementary school you will see our office on your left.

For our Bellefonte office, please remember to observe our under 25 mph speed limit. We live in a neighborhood that is kid friendly and has neighbors that enjoy getting outside and walking.

A few reminders for the new tax laws. As of November 2025 the IRS is no longer accepting checks for payment or sending checks as a refund. Please enclose a voided check with your paperwork for your refund. I would also need this information if you owe the IRS, but I will contact you to discuss payment options as well.

If you purchased a new vehicle in 2025, you can deduct the interest on that vehicle loan. The vehicle must have its final destination of build in the USA. The VIN number will start with a 1,4 or 5. You can also check the vehicles information label, which is usually inside the driver’s side door and should state where the vehicle was  assembled. To claim this deduction, I need the VIN number and the amount of interest that was paid in 2025.

If you worked overtime in 2025 that amount is not reported separately on the 2025 W-2. I would need verification. Some employers have expressed that they will be giving a letter stating the amount of overtime worked. If that is not the case for you, then I would need a copy of your last paystub for 2025 to verify.

Tip income that is not taxable is already reported on the W-2.

I think that is it for now. If you have any questions, you can call me at 814-308-3159 or email me at [email protected]. Email is my preferred method.

01/02/2026

Here's your quick peek at the mileage rates for 2026:

01/02/2026

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

10/26/2025

Just need to hang the last piece of “art” for the Centre Hall tax office. I’m ready for tax season, now we just need the IRS to be ready and have all the forms needed for the new tax laws to be approved and ready to go when Efiling opens!🤞🤞

09/25/2025

The goal was to have the Centre Hall Tax office ready by the end of September. Goal accomplished, just have a few little things to do.

My dad grew up in Centre Hall and his father and brothers all had or have garages so I wanted to do this office with a garage theme. The license plates along the top and chair rail came from my Grandpa Meyers’ garage. My brothers were kind enough to let me borrow the ones they received I did not take any when we were cleaning out Grandma’s house because I thought…what would I do with those!🤦‍♀️
I still have a wall art of license plates to hang on the one wall but that is still a work in progress.

Not 100% sure on the checkered valances and lamp shades…I guess we will see if they grow on me over the next few months.

Big thank you to Hank and Heath Taylor for doing all the grunt work!

07/27/2025

Long post but stay with me… I did an amended return for a client in mid April. They were to get a $3000 refund and at the end of May they received a letter from the IRS stating that they owed $1000.  The letter they received did not explain why but I knew it was not correct because there is no way you can add a dependent and the education credit and have to pay back $1000? On their behalf, I contacted the IRS. Three transfers later and three hours later, I finally spoke to someone that was able to help me. By this time, my blood pressure was elevated and my patience was non existent!  They stated when the amended return was put into the system a mistake was made and they increased the tax liability by $2000 instead of decreasing the tax liability by $2000. Basically they forgot to put a - in front of the 2000. Not a problem people make mistakes. The other $1000 they were receiving was part of a refundable credit. I was informed they would send it back for review and to be corrected. Two months later, my client receives another letter stating they still owe $1000.  This time I wanted to talk face to face and be able to show them the original return and the amended return. I made an appointment at the Altoona IRS office. I figured it was one hour one way, one hour back and I had a one hour appointment so it would be the same timeframe that I spent previously on the telephone.  It was the most pleasant experience!  The IRS agent was very attentive and within five minutes found the mistake.  She apologized that she was somewhat new and did not know how to correct it but she had three “senior’s”, she could contact for help. She put on her headphones and her mic and communicated to someone via the computer where they shared the same screen and within 10 minutes it was resolved. She informed me it had been corrected and my client will receive a refund within 3 to 6 weeks. 

As I was gathering my paperwork and telling her how appreciative I was that even though I had an hour drive each way… the drive and my appointment was more relaxing than trying to get thru on the phone and still not getting results. Something just told me it was too good to be true. So I asked the question… is this office affected by the cuts to the IRS? She replied unfortunately yes, November 3 is to be their last day. Opps, my frustration level just came back. The State College IRS office closed years ago, the Williamsport office has closed. When the Altoona office closes, the closest will be a 2 1/2 - 3 hour drive. I will not be making a drive to Erie, Wilkes-Barre or Pittsburgh for my clients. 

She suggested I contact my Congressman. On my drive home I stopped at Representative Glenn Thompson’s office to see the best way to express my concern. They prefer a letter so I have written one to him. It would helpful if my clients and all others do the same. I am all for getting rid of waste. Maybe the Altoona IRS office does not need to rent as much space as they have. Maybe they do not need a large lobby with forms since most all able to be printed online. Maybe they do not need a security guard at the door. Can’t we look at ways to save money within the office instead of closing it?

I encourage everyone to write letters to your Congressman to keep the Altoona IRS office open. On a side note, when I stopped at Representative Glenn Thompson’s office to share my experience, they were unaware of the Altoona IRS office even closing. They refer constituents to that office as well. Please help me try and keep the Altoona IRS office open! If you do not like to write letters give your Congressman a phone call…you never know when the IRS will make a mistake on your return!

07/22/2025

Another part of The One Big Beautiful Bill Act:
If getting a refund make sure you provide me with your direct deposit information!

Beginning September 30, 2025, the IRS will stop issuing paper checks for tax refunds and will transition to electronic payments, such as direct deposit. This change is mandated by an executive order to modernize government payments, reduce costs, and enhance security.

Key aspects

Faster Refunds: Direct deposit is generally the fastest way to receive your refund, with most e-filed returns processed within 21 days.

Increased Security: Electronic payments are more secure than paper checks, reducing the risk of theft, fraud, or loss.

Multiple Account Options: You can split your refund into up to three different accounts, including checking, savings, or retirement accounts, using tax software or Form 8888.

Limited Exceptions: While electronic payments will be the primary method, paper checks may still be used in limited circumstances, such as for individuals without banking access or in emergency situations.

Actions for taxpayers

Choose Direct Deposit: When filing your next tax return, select direct deposit as your refund method and provide accurate bank account information to ensure a timely refund.

Verify Bank Details: Double-check your bank account and routing numbers before submitting your return to avoid delays or potential issues.

Explore Alternatives: If you don't have a traditional bank account, consider options like prepaid debit cards or digital wallets that accept direct deposits.

Monitor Refund Status: Use the "Where's My Refund?" tool on IRS.gov or the IRS2Go app to track your refund status.

This shift to electronic payments is intended to streamline the tax refund process and make it more efficient for both taxpayers and the IRS.

07/09/2025

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, includes several key personal income tax deductions and provisions that will affect individuals and families.

Temporary increased state and local tax deduction cap. The bill temporarily rises the cap on this deduction from $10,000-$40,000 through December 31, 2029, with a one percent annual increase during this period, the deduction phases out for taxpayers with incomes above $500,000. With this limitation on the previous tax codes, the standard deduction was higher for the majority of the people. This will benefit those with high paying jobs, high mortgage interest, and high real estate taxes. For all others, the standard deduction will most likely still be the most advantageous.

New deduction for car loan interest: For the years 2025 through 2028 taxpayers may deduct up to $10,000 in interest paid on a “qualified passenger vehicle loan” for vehicles assembled in the United States. This deduction phases out for single taxpayers with income over $100,000 and $200,000 for married couples filing jointly. This is only for car loans that have been processed in 2025 and going forward.

Deductions for tip, income, and overtime pay: new temporary deductions for tip income, and overtime pay are introduced for 2025 through 2028. Eligible workers can deduct up to $25,000 of tip income and employees receiving overtime pay can deduct up to $12,500. $25,000 for married filing jointly if both spouses have overtime. These deductions are subject to income phaseouts at $150,000 for a single person and $300,000 for married filing jointly.  The overtime deduction and tip deduction only qualifies for federal withholding. Social Security and Medicare taxes are still paid on those amounts, along with state taxes, and local tax if applicable.

Expanded charitable deduction for non-itemizers: For tax years beginning in 2026 non-itemizing taxpayers can claim a separate charitable deduction of up to $1000. $2000 for joint filers. This is for cash gifts to nonprofit organizations. It does not apply to donations made to private foundations.

Expanded child tax credit: effective in 2025 the child tax credit will go to $2200 per qualifying child with subsequent inflation adjustments. This was previously $2000 per child and was set to expire in 2026 and go back to $1000 per child. This is a permanent change.

Taxable Social security:  This is a little confusing because Social Security is taxed for some people and not for others.  For a single person, if 1/2 of their social security and all other income total more than $25,000 then a part of their Social Security benefits may be taxable. For married filing jointly, if you take half of each person’s Social Security plus all their other income, if it totals more than $32,000 then part of their Social Security may be taxable. If it is taxable, depending on other income, it could be taxed at 50% or 85%. The new tax bill does not change this but what it does do is give taxpayers who are 65 years an older an additional $6000 (per person) deduction from their income. This is phased out with income. The income level for a single person is $75,000 and for married filing jointly is $150,000. This is a temporary deduction and will expire in 2029.

Energy credits:  the electric vehicle credit of $7500 for new vehicle purchases and $4000 for used will expire on September 30, 2025. In order to take this credit you must take delivery of a the vehicle before then to get the discount. Solar credit is also going away.  The 30% residential solar tax credit will end at the end of 2025. This means that homeowners must have their solar system fully installed and operational by December 31, 2025 to claim the credit. This is for residential systems. Commercial and agricultural solar systems, construction must begin before the end of 2025 to qualify for the credit.

These are the key factors that will affect your personal income taxes. I have not read the entire bill nor do I intend to read the entire bill! There will most likely be more clarification going forward. 

01/12/2025

It’s almost time! Tax season is almost here. Our Centre Hall office and Bellefonte office have drop boxes for drop off’s.

Our office hours will begin in Centre Hall on January 21st. (Tuesday, Thursday 1:30 -5:30 PM. Saturday 8 - 10 AM) Bellefonte office begins on January 22nd. (Wednesday, Friday 1:30 - 5:30PM. Saturday 10 AM - Noon)

The IRS has not announced a date for efiling to begin but it is usually the last week in January.

11/19/2024

Don’t fall for this scam

This one is particularly terrible—not even a good effort, really. (The SSA isn’t a tax agency, for one.)

But it does highlight an issue that scares a lot of people, which is why these scams can be effective—this bit: “Non-compliance or delayed payment may result in legal consequences, including potential detention.” Taxpayers who are working to resolve their issues may be particularly sensitive to these kinds of threats, especially if they are a vulnerable population (including seniors and immigrants). Spreading the word about these kinds of scams can help protect folks from clicking out of fear and being taken advantage of.

Some quick reminders: Tax authorities will not reach out to you about your balance via email or text. Don’t open or click through notices that you aren’t expecting—even if they tout security as a feature. If in doubt, assume it’s a scam. And if you have questions, you can always check with a trusted tax pro—or go directly to the purported “source” by checking with the tax authorities directly.

02/25/2024

The Pennsylvania property and rent rebate is for anyone over age 65, your spouse is deceased and you are over 50 years old or your permanently disabled an 18 or older

The income level has increased to $45,000, therefore, more people are qualifying. This is calculated using 1/2 of Social Security plus all your other income

Property owners… it’s that time of year when the spring taxes arrive… To simplify things for next year, make sure you enclose a stamped self addressed envelope to get your receipts back marked paid! Do the same in the fall!!

01/27/2024

Both tax offices are now open. The hours for our Centre Hall location at 223 N. Pennsylvania Ave. are Tuesdays and Thursdays 1:30 to 5:30 PM and Saturdays from 7:30 to 9:30 AM

The Bellefonte office at 75 Josie Dr. is open on Wednesdays and Fridays from 1:30 to 5:30 PM and Saturdays from 10 AM till noon.

Both locations have a dropbox for your convenience. 24/7.

No need to contact me unless you have questions… just drop off your taxes in the dropbox at any time or during the appropriate office hours. 

The property or rent rebate income has increased to $45,000. This total is derived from all your income plus half of your Social Security total. This is for people over 65 or disabled or over the age of 50 and a widow.

I am no longer taking any new clients for this tax year.