Tax Diva Services

04/07/2026

12/30/2025

The Unites States Postal Service is making new changes in 2026, including the postmark process — which could cost you late fees and penalties for anyone mailing time-sensitive documents such as tax returns or bill payments. Here's what to know.
A USPS postmark is an official mark that shows where and when mail was accepted by the Postal Service. It used to include the date when it was dropped it in a mailbox or at the post office counter. However, the new rule will reflect the postmark with the date your envelope is first processed by an automated USPS sorting machine, potentially days after it was dropped off — not the actual drop-off date.
Recommend hand stamping on all mailed documents going forward.

12/29/2025

IRS RAISED STANDARD MILEAGE
RATE TO 72.5 CENTS A MILE
FOR 2026

09/09/2025

ATTENTION!!!

07/22/2025

Tax Treatment of Money Raised Through Crowdfunding
Under federal tax law, gross income includes all income from whatever source derived unless it is specifically excluded from gross income by law. In most cases, property received as a gift is not includible in the gross income of the person receiving the gift.

If a crowdfunding organizer solicits contributions on behalf of others, distributions of the money raised to the organizer may not be includible in the organizer's gross income if the organizer further distributes the money raised to those for whom the crowdfunding campaign was organized.

If crowdfunding contributions are made as a result of the contributors' detached and disinterested generosity, and without the contributors receiving or expecting to receive anything in return, the amounts may be gifts and therefore may not be includible in the gross income of those for whom the campaign was organized. Contributions to crowdfunding campaigns are not necessarily a result of detached and disinterested generosity, and therefore may not be gifts. Additionally, contributions to crowdfunding campaigns by an employer to, or for the benefit of, an employee are generally includible in the employee's gross income.

Taxpayers may want to consult a trusted tax professional for information and advice regarding how to treat amounts received from crowdfunding campaigns.

06/01/2025

Tax Diva Services-Springfield. Is moving to new location in an effort to serve you better. Please be patient during our transition. New address Big Dog Airport Plaza 3459 W Kearney. We appreciate all of our clients. Phone. 417-683-6829.

02/24/2025

Tax preparers urge Congress to protect IRS data
The National Association of Tax Professionals is urging Congress to protect IRS information, citing concerns that the Elon Musk-led Department of Government Efficiency “may be granted access to sensitive taxpayer data” housed there. “The Taxpayer Bill of Rights and the Taxpayer First Act highlight the critical need to protect taxpayer data,” states the letter to House Speaker Mike Johnson (R-LA) and Senate Majority Leader Johhn Thune (R-SD). “Lawmakers should carefully evaluate any proposal expanding access to IRS records and prioritize taxpayer rights in policy discussions.” The NATP, which represents roughly 23,000 tax preparers that largely serve individuals and small businesses, pivoted to take the stand after hearing concerns voiced by members and their clients that their data was at risk, Tom O’Saben, the NATP’s director tax content and government relations, said. “We are hearing from businesses who are asking, ‘what information are they gathering and who is doing it?,’” Mr. O’Saben said. “Congress could monitor the processes that DOGE is using and make sure they’re not operating with unfettered access to the information.”

02/06/2025

LADIES !!! Don't forget come by Tax Diva Services tomorrow and get your Go Red gift for this year !!! Please always pay attention to the signs of Heart Attack !!! Wear Red Tomorrow !!!!