Giudice Tax Services, Inc.

01/23/2026

I want to wish you and your family a very Happy and Healthy 2026! We have now moved into the next Tax Filing Season! Here are the filing deadlines for 2025 Tax Year:

Personal Income Tax Return: April 15, 2026

S-Corporation & Partnership LLC Returns: March 16, 2026

During Tax Season, clients will have various ways to complete their returns. Your options are in-person appointments, virtual appointments, drop off, email or mail/fax in your tax forms. If you are interested in setting up an in-person appointment, please contact the office as soon as possible at 516-873-1040. I am available for appointments, drop offs and pick-ups from 10:00 am-on Monday-Saturday and from 12:00 pm-on Sunday.

If an extension to file your taxes is requested, this must be made in a prompt manner directly to me and will not be considered completed until a confirmation email is sent to the client.

Here is my contact information:

Office Address: 1527 Franklin Ave, Suite 105, Mineola, NY

Office Number: 516-873-1040

Cell Phone Number: 718-570-4925

Fax Number: 718-795-9001

Email: [email protected]

Secure Portal Link: https://pgiudice.sharefile.com/filedrop

· Visit our website, www.taxesnow.com, which has information on our office services, location, and parking information. Parking can be found in the street in the surrounding area or the free public parking lot located at Kellum Place & 14th Street (within two blocks of the office).

As always, I am available for a call or email not only during tax season but throughout the year. If you have any questions or concerns, please do not hesitate to contact our office at 516-873-1040 or my cellphone at 718-570-4925.

The One, Big, Beautiful Bill Act was signed into law on July 4, 2025. Most of the provisions took effect in 2025 and will make a difference on your 2025 Tax Return. There are provisions that will require you to forward items, like the end of year pay stubs, to me in order for me to complete elements of the return.

Here is an IRS link that will provide you with some tax updates: https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions

Thank you!

The One, Big, Beautiful Bill Act has a significant effect on your taxes, credits and deductions.

01/21/2026

2025 Tax Return Filing Season New Tax Provisions Under the One, Big, Beautiful Bill Act

The One, Big, Beautiful Bill Act has a significant effect on your taxes, credits and deductions.

09/26/2025

Here is a good article on upcoming Tax Season Changes:

The IRS has released a draft of the new Schedule 1-A, Additional Deductions. You’ll use it to calculate new deductions for tips, overtime, car interest, and seniors.

09/26/2025

IRS Guidance on Phasing Out of Paper Checks:

On Sept. 15, 2025, the The IRS, under Executive Order 14247, will begin phasing out paper refund checks for individual taxpayers as of September 30, 2025.

After that date, refunds will generally be required to be delivered electronically (e.g., direct deposit) unless restricted by law or special circumstances.

The change is intended to:
1) Reduce the risk of lost, stolen, delayed, or altered paper checks
2) Speed delivery of refunds to taxpayers
3) Lower administrative costs for the IRS

For taxpayers who lack bank accounts or face obstacles to electronic payments, the IRS is committed to providing alternatives, such as prepaid debit cards or digital wallets, ensuring that all taxpayers are catered for.

07/03/2025

Update to Tax Bill!

This article highlights 5 key ways that President Trump's One Big Beautiful Bill Act will transform individual taxation.

07/02/2025

Updated information on the Tax Bill that passed in the Senate!

The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending portions of the Tax Cuts and Jobs Act and differs from the Finance Committee version in key areas.

06/04/2025

CHANGES TO THE TAX CODE STILL NEED TO BE VOTED ON BY THE SENATE BUT HERE ARE SOME CURRENT CHANGES TO THE TAX CODE:

In the early hours of May 22, the House passed the legislative text of the Republican-led House Ways and Means Committee’s tax proposal, a key component of the anticipated One Big Beautiful Bill, by a narrow 215-214 vote.

01/23/2025

I want to wish you and your family a very Happy, Healthy, and Prosperous 2025! This new year brings the next Tax Filing Season! Here are the filing deadlines for 2024 Tax Year:

Personal Income Tax Return: April 15, 2025
S-Corporation & Partnership LLC Returns: March 17, 2025

During Tax Season, clients will have various ways to complete their returns. Your options are in-person appointments, virtual appointments, drop off, email or mail/fax in your tax forms. If you are interested in setting up an in-person appointment, please contact the office as soon as possible at 516-873-1040.

If an extension to file your taxes is requested, this must be made in a prompt manner directly to me and will not be considered completed until a confirmation email is sent to the client.

Here is my contact information:

Office Address: 1527 Franklin Ave, Suite 105, Mineola, NY

Office Number: 516-873-1040

Cell Phone Number: 718-570-4925

Fax Number: 718-795-9001

Email: [email protected]

Secure Portal Link: https://pgiudice.sharefile.com/filedrop

I will continue to have a contactless drop-off and pick-up for clients who are interested. I ask that all drop offs and pick-ups are made after 10:00 am Monday-Saturday and after 12:00 pm Sunday.

Parking can be found in the streets in the surrounding area or the free public parking lot located at Kellum Place & 14th Street (within two blocks of the office).

As always, I am available for a call or email not only during tax season but throughout the year. If you have any questions or concerns, please do not hesitate to contact our office at 516-873-1040 or my cellphone at 718-570-4925.

01/19/2025

Estate Planning is an important tool that nobody likes to think about, but it can be such an important tool to a family. Here is a good article on this topic:

Estate planning isn't just to make sure that your wishes are carried out. A proper will makes everything easy for your family and puts all the necessary documents in one place.

01/17/2025

As Tax Season begins, Taxpayers should watch out for scams that seek to steal their tax information. Protect your identity! Here is some IRS advice to review:

Don't fall for tax scams. Learn how to spot a scam and what to do.

01/17/2025

2024 Tax Return Updates

Standard Deduction:
The standard deduction amounts increase every year:

Filing Status 2024 2025
MFJ/QSS $29,200 $30,000
HOH $21,900 $22,500
Single $14,600 $15,000
MFS $14,600 $15,000

Child Tax Credit:
The maximum child tax credit is $2,000 for each qualifying child. Furthermore, the maximum refundable child tax credit is $1,700 per child for 2024, but is limited to the greater of:
• 15% of earned income above $2,500, or
• The excess of the taxpayer’s Social Security taxes for the year over the earned income credit for the year for taxpayers with three or more qualifying children

Taxpayers can claim the $500 other dependent credit (ODC) for qualifying children age 17 or older and for qualifying relatives.

No child tax credit is allowed for a qualifying child if the child does not have a Social Security number (SSN) by the due date of the tax return (including extensions). However, children without a valid SSN may still qualify for the ODC if they have an individual taxpayer identification number (ITIN) or adoption taxpayer identification number (ATIN) by the due date, including
extensions.

The child tax credit phaseout for the credit begins at:
Filing Status MAGI
MFJ $400,000
All Others $200,000

Annual Gift Tax Exclusion:
The annual gift tax exclusion is $18,000 per person. For 2025, the annual gift tax exclusion increases to $19,000.
The annual exclusion to a spouse who is not a citizen of the United States is $185,000. For 2025, the annual exclusion increases to $190.000

IRA: Contribution Limit to Traditional and Roth IRAs:
The contribution limit to a traditional or Roth IRA is $7,000 ($8,000 for taxpayers age 50 or older). The amounts remain the same for 2025. There is no age limit on making contributions to a traditional IRA if the taxpayer has earned income, such as wages or self-employment income.

11/14/2024

Tax Rates In Europe

In European OECD countries, the average top statutory personal income tax rate is 42.8%. Which countries has the highest top income tax rate?