Schoppe's Tax Service, Inc.

09/05/2026

A reminder that there is one month and 10 days before the deadline for filing your 2025 income tax return.

05/05/2026

We are receiving calls from a lot of taxpayers. There's a scam going around where you receive correspondence from the IRS. It looks official in many ways, but it isn't and we encourage anyone to not respond to the letter until checking with your tax preparer or possibly call the IRS directly. If there is a QR code on the letter, do not scan it!!

01/26/2026

The Internal Revenue Service officially opened tax-filing season amid changes from the One Big Beautiful Bill Act and the threat of another government shutdown.

01/26/2026

From 2010 through 2019, the average federal tax refund was remarkably flat, hovering just below $3,000 most years. The pandemic year of 2020 marked a sharp dip, followed by a rebound in 2021 and a spike in 2022, when the average refund jumped to $3,252. Since then, the average refund has remained over $3,000, coming in at $3,167 in 2023 and 2025, and $3,138 in 2024.

The 2026 filing season is shaping up to deliver even larger refunds for many taxpayers, largely due to retroactive changes enacted under OBBBA, which expanded the standard deduction, increased child-related credits, and introduced new deductions for overtime and tip income. Because the IRS did not update withholding tables when those changes took effect in mid-2025, many taxpayers will have overpaid during the year, setting the stage for bigger refunds when they file.

Who benefits most will depend on individual circumstances, but the biggest bumps are expected among middle-income households, families with children, workers with overtime or tip income, and some older taxpayers. Estimates suggest the average increase could be around $1,000, pushing the typical refund above $4,000. That bump is likely temporary: Once withholding tables are updated, more money should flow into paychecks during the year, and refunds may shrink again. And while a larger refund can feel like a win, it’s still just the return of excess tax paid—often the result of overwithholding rather than a true windfall.

Related article here: https://www.forbes.com/sites/kellyphillipserb/2026/01/21/why-your-tax-refund-could-be-bigger-in-2026-and-what-else-you-need-to-know/

01/26/2026

CAMERON — C.H. YOE High School and Technology Center blends features from the historic Old Yoe High School Building — which sat empty for 20 years and was built in

01/26/2026

Good advice

01/24/2026

Trump gave defaulted student-loan borrowers a major break on wage garnishment and tax refund seizure. Still, thousands are waiting for debt relief.

12/23/2025

Wishing everyone a very Merry Christmas and a happy New year!! 🎄🎁⛄🎀

11/07/2025

Update: Phone lines are back!

NOTICE:

Our phone lines are currently down, and we anticipate this being an all-day situation. If you are trying to reach us by phone, we apologize for the inconvenience. We will have them back up as soon as possible.

Until then, feel free to send us an email or send a direct message.

Have a wonderful weekend!

10/31/2025