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All Matters of Accounting and Taxation

Welcome to our official business website for Jesters Tax Service!

Please look around and contact us with any questions on how we may help you.

Please be sure to click link above for upcoming tax changes for tax year 2025


OVERTIME DEDUCTION FOR TAX YEAR 2025

PLEASE SEE MENU REGARDING NO TAX ON INTEREST FOR VEHICLES PURCHASED BETWEEN TAX YEARS 2025 THROUGH 2028

We want to make you aware of an important update that may affect your Tax Year 2025 return.
Due to changes in tax reporting requirements, taxpayers claiming an overtime-related tax deduction will be required to provide documentation that verifies the amount of overtime pay received. Employers are not required to separately report overtime wages on Forms W-2, so this information must come directly from the taxpayer’s own records.
If you believe you may qualify for this deduction, it is important to begin keeping supporting documentation now, such as:
Employee pay statements showing overtime hours and pay
Payroll summaries or employer-provided reports
Other verifiable records identifying overtime compensation
As always, our office will rely on taxpayer-provided information when preparing returns and cannot assume responsibility for errors resulting from incomplete or unsupported documentation.
If you have questions after reviewing the information online, we are happy to discuss how this may impact your individual tax situation.
Thank you for your continued trust in our office.