Debbie's Tax Service

07/01/2025

Great news for military retirees living in CA. We now have passage of the Military Retirement Exclusion, included in the 2025-26 state budget.

Beginning in tax year 2025 through 2029, eligible veterans and surviving family members will receive a state tax exclusion of up to $20,000 on military retirement pay or on survivor annuity payments (SBP).

The exemption applies to individuals with incomes up to $125,000 (or $250,000 for joint filers).

Contact us if you have any questions or if you would like to estimate how much this might save you on next year's CA tax return! [email protected]

Send a message to learn more

01/17/2025

Just letting everyone know that the military W2s are out.

12/17/2024

Just letting everyone know that the retiree DFAS 1099Rs are available on MyPay. They can be retrieved electronically.

10/08/2024

Well it is official, we are now a completely work from home business. Debbie, Yuko, Jeanie and Chris will still be preparing taxes online, but entirely from our home offices. It's a big step (and a lot less space) but we look forward to this new adventure!

05/01/2024

LOOKING FOR A GREAT TURN-KEY BUSINESS OPPORTUNITY?

DEBBIE’S TAX SERVICE IS FOR SALE!

DEBBIE IS RETIRING AND OFFERING HER BUSINESS TO THE RIGHT PERSON
• MORE THAN 20 YEARS PROVIDING HIGH QUALITY TAX SERVICES PREPARING ALL TYPES OF TAXES.
• SPECIALTY FOCUSED ON THE UNIQUE NICHE OF MILITARY TAX PREPARATION.
• A BUSINESS WITH VERY HIGH CUSTOMER SATISFACTION AND GREAT REVIEWS.
• A THRIVING BUSINESS WITH A LARGE NUMBER OF NEW AND RETURNING CLIENTS EVERY YEAR.
• OWNED BY AN ENROLLED AGENT WITH LOTS OF ASSISTANCE WITH PRIOR YEAR TAXES.
• EMPLOYS THREE TAX PREPARERS DURING THE TAX SEASON.
• THE OWNER WILL TRAIN AND PROVIDE SUPPORT SERVICES THROUGH THE NEXT TAX SEASON AS NEEDED FOR A SMOOTH TURNOVER AND MAXIMUM CLIENT RETENTION.

GIVE DEBBIE A CALL AT 805-822-9179 OR CALL HER SALES AGENT JENNIFER AT 805-990-3007

01/17/2024

It looks like the military W2s are out, so if you are ready to file your taxes, go ahead and send your info or call us for an appt. The tax season does not officially start until Jan 29th, but the returns can still be filed now. Many states are also currently processing, including CA.

12/18/2023

Heads up for the military retirees, the DFAS 1099Rs are now available in MyPay.

02/10/2023

New info out from the IRS. For those who have heard on the news that they should wait to file their return, due to the IRS not knowing whether to tax the state payments that have been made. Well they finally made the decision that these state payments will NOT be taxed! IR 2023-23 was just issued stating that the IRS will not tax these payments, so do not continue to wait to file. If you have all of your documents, go ahead and contact us for your filing.

01/23/2023

The military W2s are out. If you are not waiting on additional documents, give us a call and set up an appt. We are ready to assist you with your taxes.

01/14/2023

New info regarding the tax filing season:

President Biden and Governor Newsom declared a state of emergency throughout California in response to the recent winter storms. These declarations mean residents and businesses in California who have been affected by severe winter storms, flooding, and mudslides are eligible for tax relief.

To help alleviate some of the stress many have endured during this trying period, the IRS and FTB have extended the filing and payment deadlines for individuals and businesses in California until May 15, 2023.

This relief applies to deadlines falling on or after January 8, 2023, and before May 15, 2023, including the 2022 individual income tax returns due on April 18 and the quarterly estimated tax payments, typically due on January 17, 2023, and April 18, 2023.

This extension of time to file and time to pay apply to:

Residents and businesses in Alameda, Colusa, Contra Costa, El Dorado, Fresno, Glenn, Humboldt, Kings, Lake, Los Angeles, Madera, Marin, Mariposa, Mendocino, Merced, Mono, Monterey, Napa, Orange, Placer, Riverside, Sacramento, San Benito, San Bernardino, San Diego, San Francisco, San Joaquin, San Luis Obispo, San Mateo, Santa Barbara, Santa Clara, Santa Cruz, Solano, Sonoma, Stanislaus, Sutter, Tehama, Tulare, Ventura, Yolo, and Yuba Counties

12/16/2022

Just letting all of the military retirees know that the 1099R Retiree tax statements for 2022 are now available on MyPay.

07/13/2022

Just a heads up for those who are CA residents. If you filed your 2020 tax return on time (NLT Oct 2021), and if your income was below $250K for a single person or $500K for a married couple in 2020, then you should be seeing a Middle Class Tax Refund coming into your bank account or via a debit card from the state. Some are coming out now, but may take up until late Oct to receive. The amount sent will vary from $200 to $1050 depending on your income and filing status. If you would like more exact info, go to www.ftb.ca.gov or give us a call. This is for CA residents only.

Personal and Business Income Taxes, Residents, Non-residents, State of California