Plachuta Income Tax Center

January 10th, 2026 - Update
The Plachuta Family wishes you & your family a Happy, Healthy, and Prosperous New Year 2026.
This is our 61st tax season. We are very grateful to you for using our tax preparation service.

OUR NEW ADDRESS IS:
2710 CONCORD ROAD SUITE 3
ASTON, PA 19014
PHONE: (610) 485-7345

OFFICE OPEN: 7 days a week -- 9am to 9pm -- January 26th thru April 15th,2026 to serve you.

Social security benefit (Cost of Living) will increase by 2.8% (2026).

OUR TAX SOFTWARE for 2025 is updated, tested and ready to go. E-FILE and DIRECT BANK DEPOSIT is the fastest way to get your tax refund. Due to new tax laws & cyber fraud, the IRS will start processing 2025 tax returns on January 26, 2026. Also, the IRS cannot issue your refund claiming the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) until mid-February 2026.

REMINDER: Bring the following documents to your appointment: driver’s license, bank check, wages (FORM W-2), gambling (FORM W-2G), pensions (FORM 1099R), social security (FORM SSA-1099-SM), mortgage (FORM 1098), medical insurance (FORM 1095A, 1095B, or 1095C), college tuition (FORM 1098-T), unemployment compensation (FORM UC-1099G), health savings distribution (FORM 1099-SA), and health savings contribution (FORM 5498-SA).

New Paperwork needed for 2025 – Overtime amounts (last pay stub or employer provided overtime report), Home Improvement receipt with details of manufacturers names of items installed in your home.
Examples: Anderson Windows, Lennox HVAC system, Bradford White Water Heater
Loan Interest for New Car purchase - Loan details: Origination Date, Loan Amount, VIN Number, Make, Model

PERSONAL TAX RETURNS: If you are itemizing your medical or charitable donations, please give us the totals. BUSINESS OR RENTALS: Summarize your income and expenses and give us the totals by category. WE DO NOT NEED TO SEE EACH SEPARATE RECEIPT.

REFERRAL PROMOTION: Refer TWO new clients in 2026 and your return is FREE.
NEW clients will get $50 discount from what they paid last year. We appreciate your loyal support.

ADDITIONAL SERVICE: We prepare the tax forms that are required by PA to settle estates. In PA., if a person passes away leaving an estate, the executor/executrix is responsible to file the inheritance tax return and pay tax due within 9 months and to report all assets that are subject to the tax. We will help you expedite the process and save you time and money.

NOTE: WE DO NOT GIVE LEGAL ADVICE. CONTACT AN ATTORNEY.
Have a great day. Please call for an appointment 610-485-7345

We would like to inform you of our new office location.

Our office is now located at 2710 Concord Rd Suite #3 Aston PA 19014.

The Concord Plaza office building is adjacent to the Ricks Shed’s showroom. We are located on the first floor. Our phone number remains the same 610-485-7345.

2025 Tax Law Updates

Changes affecting Seniors
Additional deduction for seniors up to $6,000 for individuals 65 and over. The deduction phases out at $75,000 single and at $150,000 if you’re married.

Social Security benefits Cost of living adjustment (COLA) for 2026
Starting in January 2026, Social Security benefits are increasing by 2.8%.

Overtime pay tax changes
New overtime deduction for qualified overtime income up to $12,500 and phases out for income above $150,000. This deduction can lower your taxable income, it is not a dollar-for-dollar reduction of your taxes and the actual tax savings will depend on your tax rate.
For example, if you’re a nurse with $12,500 in qualified overtime and 22% tax rate, then your tax savings would be $2,750.

Changes to taxes on tips
2025 tax year brings a deduction for tips up to $25,000. This deduction is available regardless of whether you itemize your deductions or not. If you earn tips and your income is $150,000 or below, you may be eligible to claim this deduction.
For example, if you earned $5,000 in tips and are in the 12% tax bracket, your tax savings would be $600.

State and Local Tax (SALT) deduction for homeowners
The SALT deduction includes local income, sales, and property taxes. The limit has increased from $10,000 to $40,000 for 2025. Phase out begins at incomes above $500,000. This change benefits filers in states with high state and property taxes, allowing them to deduct more of their related expenses.

Deduction for New car loan interest
A new tax deduction allows you to deduct up to $10,000 in new car loan interest per year for qualified auto loans. To qualify, the vehicle must be new, for personal use and assembled in the United States. This deduction phases out when income is above $100,000 and for married couples with incomes above $200,000.

Child Tax Credit increase
The Child Tax Credit will increase to $2,200 per child under 17, with annual adjustments for inflation every year.

The Plachuta Family wishes you a Happy and Healthy Holiday season.