As the 2025 tax season approaches, the IRS has introduced several updates that taxpayers in Stone Mountain, Lithonia, and surrounding Metro Atlanta communities should be aware of. Each year, changes to deductions, credits, and income thresholds impact how much you owe—or how much you get back. Staying informed ensures you’re not leaving money on the table or missing out on new benefits that could lower your tax bill. Triple Sevyn Tax Services LLC is committed to keeping our community educated and prepared.
This year, the IRS has adjusted the standard deduction, income brackets, and key refundable credits to reflect inflation. These adjustments may increase your refund depending on your filing status and income level. The IRS has also enhanced identity verification tools and added more digital options for taxpayers to upload documents and communicate electronically—great news for individuals who prefer online filing assistance.
Another important update for 2025 includes expanded reporting requirements for third-party payment platforms like Cash App, PayPal, Venmo, and Zelle. Many Georgians with side hustles or small home-based businesses will be impacted by these rules. Understanding these changes early helps prevent IRS letters, tax surprises, or penalties. As always, Triple Sevyn Tax Services LLC is here to guide you every step of the way.