Precision Point Firm

📣 NEW TAX LAW ALERT BREAKDOWN (2025–2028)

No Taxes on Overtime. Here’s What It REALLY Means: It DOES NOT mean your W-2 will show $0.00; it means you get a SPECIAL TAX DEDUCTION when you file.


Let’s break it down:

Overtime still show on the W-2

Nothing changes on the W-2.

Your employer still reports your overtime.
They still take payroll taxes out.

✔️Overtime earners may get back the federal income tax withheld from overtime, but payroll taxes (Social Security & Medicare) are not refunded.

📌 Example: You made:
• $40,000 regular pay
• $15,000 OT

Total W-2 wages = $55,000

But when you file taxes:
• You subtract up to $25,000 in tips

So the IRS taxes you like you made:
$30,000 instead of $55,000.

Your refund goes UP or amount owed goes DOWN.

For tax year 2025, the IRS will add NEW lines on the 1040 form:
• Tip Deduction
• Overtime Deduction

Y’all, don’t get confused…
Your W-2 is NOT changing.
Your job will STILL show your full wages, tips, AND overtime like normal.

Your check stays the same.
Your W-2 stays the same.
But your refund gets BIGGER because your taxable income goes DOWN.

🔥 This starts for Tax Year 2025 (filed in 2026).
I’ll be ready to help everybody get ALL their deductions correctly.

If you need help understanding how this applies to YOU, DM or head over to [email protected]

🚨 TAX SEASON IS OFFICIALLY AROUND THE CORNER 🚨
Let’s get ready because it’s almost go-time 👏🏽

📌 SELF-EMPLOYED / 1099 / BUSINESS OWNERS:
If you’re a contractor, entrepreneur, or receive 1099 income — your turn is coming FAST. Get ready.

📌 W-2 FILERS — THIS IS YOUR NOTICE:
Most employers release W-2s around January 15th (some may take until the end of the month). The moment yours drops, you can file right away — no waiting, no delays.

💰 REFUND ADVANCE LOANS UP TO $9,500
➡️ Available starting January 2nd
➡️ Filing your return is required to qualify

This season is about being early, being prepared, and getting to the money BEFORE everyone else 💸🔥
Spots will fill quickly — it’s first come, first served.
✨ If you want to file correctly, move smart, and be positioned for your funds, tap in now.
🐐 Tax season is here, and it’s not for the unprepared.