January 2026 Updates - Spencer Tax Service

It’s that Time Again!

We are trained on the current tax laws and ready to work on your tax returns!

Our Staff is ready to assist you with your Income Tax Filing.

WHAT DO I NEED TO BRING?

Paperwork for All Sources of INCOME:

• Form W-2’s if you are an employee

• Form 1099-NEC if you are Self Employed

• Form 1099-R if you are retired and receive retirement income

• Form SSA-1099 If you received social security

• Interest (Form 1099-INT) If you have Interest Income

• Dividends (Form 1099-DIV) If you have Dividend Income

• Brokerage Statements If you have Investment Accounts Form 1099-B

• Rental Income and Expense information if you own rental properties

• A List of Any ESTIMATED PAYMENTS you paid for Tax Year 2025:

Type of Tax, Date of Payment, Amount of Payment

NEW FOR 2025 TAX SEASON:

* TIPPED INDIVIDUALS MUST BRING RECORD OF TIPS RECEIVED FOR TIP DEDUCTION

* PERSONS WHO RECEIVE OVERTIME PAY MUST BRING FINAL CHECK STUB AND/OR NOTICE FROM EMPLOYER SHOWING DETAIL OF OVERTIME HOURS AND GROSS PAY TO RECEIVE THE OVERTIME DEDUCTION

* NEW CAR PURCHASED AFTER JANUARY 2025, MUST BRING VIN # FOR THE NEW DEDUCTION FOR CAR LOAN INTEREST AND NOTICE OF INTEREST PAID IN 2025

Must have Form 1095-A if you have Marketplace Health Insurance.

** If you have Health insurance thru Healthcare.gov

** this form is absolutely REQUIRED **

ALL RETURNS DROPPED OFF MUST HAVE A COPY OF DRIVERS LICENSE FOR EACH TAXPAYER

** DRIVERS LICENSE COPY IS REQUIRED EVERY YEAR FOR ALL CLIENTS **

SOCIAL SECURITY CARDS REQUIRED FOR *NEW* CLIENTS FOR EVERYONE ON THE RETURN

IF YOU HAVE AN ITIN, FURTHER DOCUMENTATION IS REQUIRED.

** PLEASE NOTE ** PAPERWORK DROPPED OFF AFTER MARCH 1ST WILL AUTOMATICALLY BE PUT ON EXTENSION.

If you expect to have a Balance Due, That Balance MUST be paid with the Extension by the Initial Due Date of April 15th, 2026

PLEASE ORGANIZE YOUR RECORDS!

Help us Help You in the Most Efficient Manner!

Please take ALL Forms OUT of the Envelopes! Unfold them and flatten them out!

Please bring ALL of your Paperwork ALL AT THE SAME TIME!!

MISSING/INCOMPLETE INFORMATION SLOWS DOWN THE PROCESSING OF YOUR TAX RETURNS

DUE TO THE EXTENSIVE CHANGES OF THE TAX LAWS DUE TO THE ONE BIG BEAUTIFUL BILL ACT OF 2025 (OBBBA), MORE INFORMATION IS REQUIRED FROM TAXPAYERS.

We have a rather extensive Intake/Drop-off information sheet that required to be completed and signed by the taxpayer client.

If you would like to pick up the Intake form prior to bringing in your paperwork, stop in the office, or we can email you the form.

ARE YOU NEW TO SPENCER TAX SERVICE? FAQs – Frequently Asked Questions

WHAT DO YOU CHARGE? We will quote you an Estimate of your tax preparation fee when you drop off your paperwork. Cost will vary depending on the complexity of the income tax returns.

I HAVE NEVER BEEN TO SPENCER TAX SERVICE BEFORE, WHAT DO I BRING?

IF You are a New Client to Spencer Tax Service, or we did not prepare your 2024 Tax Returns,

Please bring a COPY of PRIOR TWO YEARS Tax Returns.

DO I MAKE AN APPOINTMENT?

Here at Spencer Tax Service, we use a Drop-Off method.

No Appointments required, bring in your paperwork during the hours we are open.

We have an Intake form to complete when you drop off paperwork.

Tax Returns are completed in the Order received (First come, First served)

Turn around/Completion time may vary.

WHAT RETURNS DO YOU FILE?

Spencer Tax will prepare the following returns as required:

• FEDERAL INCOME TAX RETURN

• OHIO INCOME TAX RETURN

• SCHOOL DISTRICT INCOME TAX RETURN

• CITY INCOME TAX RETURN

Federal, State and School District Income Tax Returns are E-filed (no forms to mail )

City Income Tax Returns are prepared, and returned to you ready to Sign and Mail.

ALL Original paperwork and Copies of all tax returns prepared are provided to you in a convenient Storage Envelope for your records.

** Reminder: Always keep copies of past year’s tax returns for (7) Years.

We charge $ 25.00 to provide Extra Copies

** PLEASE NOTE ** PAPERWORK DROPPED OFF AFTER MARCH 1ST WILL AUTOMATICALLY BE PUT ON EXTENSION.

If you expect to have a Balance Due, That Balance MUST be paid with the Extension by the Initial Due Date of April 15th, 2026

Additional Questions: Please call our Office at (330) 745-8324.