(530) 208-5216

409 Pacific Avenue #206, Bremerton, WA 98337

409 Pacific Avenue #206, Bremerton, WA 98337

  • Home
  • About
    • Meet Our Team
  • Services
    • Tax Services
    • Individual Tax Prep
    • Business Tax Preparation
    • Tax Planning
    • Estate & Trust Services
  • Client Center
    • Resources
    • Tax Center
  • Contact
  • More
    • Home
    • About
      • Meet Our Team
    • Services
      • Tax Services
      • Individual Tax Prep
      • Business Tax Preparation
      • Tax Planning
      • Estate & Trust Services
    • Client Center
      • Resources
      • Tax Center
    • Contact
  • Home
  • About
    • Meet Our Team
  • Services
    • Tax Services
    • Individual Tax Prep
    • Business Tax Preparation
    • Tax Planning
    • Estate & Trust Services
  • Client Center
    • Resources
    • Tax Center
  • Contact
Bean Counting Tax services, inc.

Tax Center

Track Your Refund

When will you receive your refund?  The answer depends on how you filed your return.  The IRS should issue your refund check within six to eight weeks of filing a paper return.  If you chose to receive your refund through direct deposit, you should receive it within a week.  If you use e-file, your refund should be issued between two and three weeks. 

Check your Federal Refund...click here

Check your State Refund...

Tax Rates

  •  

2025 Tax Rates - Single Taxpayers  Standard Deduction $15,000

10%  0 to $11,925

12%  $11,925 to $48,475

22%  $48,475 to $103,350

24%  $103,350 to $197,300

32%  $197,300 to $250,525

35%  $250,525 to $626,350

37%  Over $626,350


2025 Tax Rates - Married Jointly & Surviving Spouses  Standard Deduction $30,000

10%  0 to $23,850

12%  $23,850 to $96,950

22%  $96,950 to $206,700

24%  $206,700 to $394,600

32%  $394,600 to $501,050

35%  $501,050 to $751,600

37%  Over $751,600


2025 Tax Rates - Married Filing Separately  Standard Deduction $15,000

10%  0 to $11,925

12%  $11,925 to $48,475

22%  $48,475 to $103,350

24%  $103,350 to $197,300

32%  $197,300 to $250,525

35%  $250,525 to $375,800

37%  Over $375,800


2025 Tax Rates - Head of Household  Standard Deduction $22,500

10%  0 to $17,000

12%  $17,000 to $64,850

22%  $64,850 to $103,350

24%  $103,350 to $197,300

32%  $197,300 to $250,500

35%  $250,500 to $626,350

37%  Over $626,350


2025 Tax Rates - Estates & Trusts

10%  0 to $3,150

24%  $3,150 to $11,450

35%  $11,450 to $15,560

37%  Over $15,650


2025 Social Security / 2025 Tax Rates

Social Security Tax Rate: Employers / 6.2%

Social Security Tax Rate: Employees / 6.2%

Social Security Tax Rate: Self-Employed / 12.4%

Maximum earnings subject to Social Security Tax / $176,100

Maximum earnings subject to Medicare tax / Unlimited

Medicare Tax Rate: Employers / 1.45%

Medicare Tax Rate: Employees / 1.45%

Medicare Tax Rate: Self-Employed / 2.9%

Additional Medicare tax on FICA wages and self-employment

income above $200,000 (single filers) or $250,000 (joint filers) / 0.9%

Net investment income tax on taxpayers with modified 

adjusted gross income (MAGI) exceeding 

$200,000 (single filers) or $250,000 (joint filers) / 3.8%


2025 Miscellaneous / 2025 Tax Rates

Business Section 179 expensing limit / $2,500,000

Business Section 179 phaseout threshold / $4,000,000

First-year bonus depreciation rate / 100% (40% if acquired Jan. 1, 2025-Jan 18, 2025)

Income threshold after which the Section 199A (qualified business income) deduction for pass-through

entities may begin to phase out.  / $197,300 (single and head of household); $394,600 (married filing jointly)

Qualified small-employer Health Reimbursement Arrangement limit / $6,350 (single coverage); $12,800 (family coverage)

Prior-year safe harbor for estimated taxes of higher-income taxpayers / 110% of 2024 tax liability

Standard mileage rate for business driving/ 70 cents

Standard mileage rate for medical driving / 21 cents

Standard mileage rate for moving driving (only members of the Armed Forces on active duty who move because of a permanent change of station) / 21 cents

Standard mileage rate for charitable driving / 14 cents

Child Tax Credit (per child under age 17 at the end of the tax year) / $2,200

Unearned income maximum for children under 19 before kiddie tax applies / $1,350

Maximum capital gains tax rate for taxpayers with income up to $48,350 to $533,400 for single filers, $96,700 to $600,050 for married filing jointly / 15%

Maximum capital gains tax rate for taxpayers with income above $533,400 for single filers, $600,050 for married filing jointly / 20%

Capital gains tax rate for unrecaptured Sec. 1250 gains / 25%

Capital gains tax rate on collectibles / 28%

Maximum contribution for Traditional/Roth IRA / $7,000 if under age 50 / $8,000 if 50 or older

Maximum employee contribution to SIMPLE IRA / $16,500 if under age 50 / $20,000 if 50 or older + $1,750 if age 60, 61, 62 or 63

Maximum contribution to SEP IRA / 25% of eligible compensation up to $70,000

Senior deduction for eligible taxpayers age 65 or older / $6,000

Income threshold after which the senior deduction begins to phase out / $75,000 ($150,000 for married filing jointly)

Maximum deduction for qualified tips income / $25,000

Income threshold after which the tips deduction begins to phase out / $150,000 ($300,000 for married filing jointly)

Maximum deduction for qualified passenger vehicle loan interest / $10,000

Income threshold after which the passenger vehicle loan interest deduction begins to phase out / $100,000 ($200,000 for married filing jointly)

Maximum deduction for state and local taxes (SALT) / $40,000

Income threshold after which the maximum SALT deduction is reduced / $500,000


2025 Education / 2025 Tax Rates

American Opportunity Credit (per student) / $2,500

Lifetime Learning Credit (per return) / $2,000

Student Loan Interest Deduction (per return) / $2,500

Coverdell Education Savings Account Contribution (per student) / $2,000







     














Copyright © 2025 Bean Counting Tax Services, Inc. - All Rights Reserved.


Powered by

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept