Taxprolady

09/04/2026

💰 $140 MILLION owed to the IRS.
$1.5 MILLION offered to settle it.
The IRS said NO — and the federal appeals court backed them up.

Tech entrepreneur attempted to resolve an enormous tax liability through an Offer in Compromise. 👀 you cannot do that if you can liquidate your assets and pay the entire bill in full 🤷🏼‍♀️

His proposed settlement: $1.5 million.

The tax liability at issue: approximately $140 million.

The IRS rejected the offer. He fought the decision through Tax Court and ultimately appealed to the Eleventh Circuit.

The result? The IRS won again.

The appeals court found that the IRS did not abuse its discretion when it rejected the offer.

📌 Why should the average taxpayer care?

Because an Offer in Compromise isn’t simply:

“I owe $100,000, but I’ll give you $10,000 and we’ll call it even.”

The IRS evaluates whether you actually qualify and whether accepting the offer is appropriate based on your circumstances.

And the bigger lesson?

Don’t wait until a tax problem becomes a tax catastrophe.

If you owe the IRS, there may be options — installment agreements, penalty relief, Offers in Compromise, Currently Not Collectible status, appeals and other resolution strategies — but the right option depends on your specific situation.

Ignoring the IRS is not a tax strategy. 😉

08/21/2026

🚨 TAX FRAUD CAN TURN YOUR BUSINESS INTO A FEDERAL CRIMINAL CASE.

This one caught my attention because it involves an online content creator — and it’s an important reminder for anyone making money through social media, OnlyFans, TikTok, YouTube, subscriptions, tips, or other online platforms.

According to the U.S. Department of Justice, Kylie Perez, who operated under the name “Natalie Monroe” on OnlyFans, earned more than $5.4 million from 2019–2023.

The problem wasn’t that she made money online.

The problem was failing to properly report and pay the taxes owed.

She pleaded guilty to filing a false tax return and failing to pay at least $1.5 million in taxes. On August 20, 2026, she was sentenced to one year in federal prison, followed by one year of supervised release. (Department of Justice)

💡 The lesson for content creators and online business owners:

Making money online is a BUSINESS.

That means you need to:
✅ Report your income
✅ Keep proper business records
✅ Track legitimate expenses
✅ Set money aside for taxes
✅ File the correct tax returns
✅ Get professional advice BEFORE problems arise

And no — having income reported through a platform, payment processor, or 1099 does not mean you can simply ignore it.

If you are making serious money online, don’t wait until the IRS comes knocking to get your books and taxes in order.

I help business owners and online entrepreneurs understand their tax obligations and stay compliant.

📩 Need help getting your business taxes in order? Send me a message or book a consultation.

Source: U.S. Department of Justice, Middle District of Florida, August 20, 2026.

Read the full DOJ announcement

08/13/2026

🚨 TAX PREPARER FRAUD: THIS IS WHY YOUR TAX PREPARER MATTERS

The IRS just announced that a Memphis tax preparer pleaded guilty to helping prepare false tax returns for clients.

According to the IRS, the preparer reported false items—including fuel tax credits, residential energy credits, and health savings account deductions—to generate inflated refunds for clients.

💰 The returns involved more than $5.4 MILLION in attempted tax fraud.

And here’s the part every taxpayer needs to understand:

👉 “My tax preparer did it” does NOT automatically protect you.

When you sign your tax return, you are ultimately responsible for the information reported on it. A preparer who promises you a huge refund by adding deductions or credits you don’t actually qualify for can put YOU at risk.

Your tax return should be based on:
✔️ Your actual income
✔️ Your actual expenses
✔️ Documentation
✔️ Tax law
✔️ Credits and deductions you genuinely qualify for

Not on, “I can get you a bigger refund.”

As tax professionals, we have a responsibility to protect our clients—not just maximize their refund.

At TaxProLady, I would rather tell you that you don’t qualify for a credit or deduction than put your tax return, your money, or your future at risk.

💡 A bigger refund isn’t always a better tax return. A correct tax return is.

Before hiring a tax professional, ask questions, make sure they are properly credentialed, and don’t be afraid to ask why something is being reported on your return.

Your tax return is worth doing right.

📌 Read the IRS announcement: IRS Criminal Investigation — Memphis Tax Preparer Pleads Guilty to Filing False Returns for Clients⁠

TaxProfessional TaxSeason TaxpayerProtection TaxCompliance

08/12/2026

Hey Clarksville whoever won this come talk to your Taxprolady before spending it all 🫣

Check your tickets for Tennessee daily lottery draw games here.

08/03/2026

🚨 Halfway Through the Year = Time for a Tax Checkup! 🚨

We’re officially halfway through the year, which makes this the perfect time to review your paycheck and make sure you’re on track with your tax withholding.

💰 Ask yourself:
✅ Is enough federal tax being withheld?
✅ Have you started a new job or received a raise?
✅ Did you get married, divorced, or have a child?
✅ Are you earning self-employment or side hustle income?
✅ Have your deductions or tax credits changed?

A quick review now can help you:
✔️ Avoid a surprise tax bill next filing season.
✔️ Reduce the risk of IRS penalties for underpayment.
✔️ Make any necessary adjustments while there’s still time.

Don’t wait until tax season to find out you owe thousands. A simple paycheck review today can save you money and stress later.

📩 Need help determining if your withholding is on track? Contact TaxProLady today, and we’ll help you estimate your tax liability and recommend any adjustments before year-end.

SmallBusiness TaxProLady TaxSeasonStartsNow

08/03/2026

🚨 Halfway Through the Year = Time for a Tax Checkup! 🚨

We’re officially halfway through the year, which makes this the perfect time to review your paycheck and make sure you’re on track with your tax withholding.

💰 Ask yourself:
✅ Is enough federal tax being withheld?
✅ Have you started a new job or received a raise?
✅ Did you get married, divorced, or have a child?
✅ Are you earning self-employment or side hustle income?
✅ Have your deductions or tax credits changed?

A quick review now can help you:
✔️ Avoid a surprise tax bill next filing season.
✔️ Reduce the risk of IRS penalties for underpayment.
✔️ Make any necessary adjustments while there’s still time.

Don’t wait until tax season to find out you owe thousands. A simple paycheck review today can save you money and stress later.

📩 Need help determining if your withholding is on track? Contact TaxProLady today, and we’ll help you estimate your tax liability and recommend any adjustments before year-end.

07/14/2026

🚗 IRS Updates Standard Mileage Rates Effective July 1, 2026

The IRS has announced an increase to the optional standard mileage rates due to rising fuel costs. If you’re self-employed, own a business, or receive mileage reimbursements, these new rates could affect your tax deductions and reimbursements.

New Standard Mileage Rates (Effective July 1, 2026):
✅ Business: 76¢ per mile
🏥 Medical & Moving: 23.5¢ per mile
❤️ Charitable: 14¢ per mile (set by law and remains unchanged)

📅 Important: These new rates apply only to miles driven on or after July 1, 2026. Mileage incurred before that date must use the previous rates.

💡 Why it matters: Tracking your mileage accurately can maximize your deductions and help ensure your business reimbursements comply with IRS guidelines.

Need help determining which rate applies to your situation or making sure you’re maximizing your deductions? We’re here to help!

📞 TaxProLady
🌐 www.taxprolady.com
📱 931-221-9026

📖 Read the full IRS Announcement 2026-11:
https://www.irs.gov/irb/2026-29_irb?fbclid=IwdGRjcATDnDBwZG9mA2ZkaWQWUKhiFZzrh6_kWlNiimw1UXNJCAGz-mV4dG4DYWVtAjExAHNydGMGYXBwX2lkCjY2Mjg1NjgzNzkAAR7kuc7-JV3LDbIPNRAN8j73PyIxZUxgoEA43lgAgp8eKLIK3Z3H67Rtsjxxjw_aem_RuWAagCfnPbiaUTA8bVksg

SelfEmployed TaxTips BusinessOwners TaxPlanning Bookkeeping Accounting TaxProfessional

07/12/2026

Stop Paying Thousands to National Tax Resolution Companies.

You don’t have to trust a call center hundreds of miles away with your financial future.

At TaxProLady, we’re local, experienced, and committed to helping individuals and businesses resolve their tax problems with personalized service—not empty promises.

✔ IRS Tax Problems
✔ State Tax Issues
✔ Payment Plans
✔ Penalty Relief
✔ Tax Return Preparation & Amendments
✔ Small Business Tax Solutions

Before you hire anyone, verify their credentials. Read their reviews. Make sure you’re working with a qualified tax professional who will actually be there when you need them.

At TaxProLady, we encourage you to do exactly that.

We’re proud to serve our local community with honest advice, transparent pricing, and real results.

Don’t pay thousands just because you heard a national company on the radio. Get local representation you can trust.

TaxProLady — Helping You Keep Your Means.

📞 Schedule your consultation today.

07/05/2026

🇺🇸 Happy Independence Day from TaxProLady! 🇺🇸

Today, we celebrate the courage, sacrifice, and freedom that make our nation strong. As we gather with family and friends, let’s remember those who have served and continue to serve to protect the liberties we enjoy every day.

Wishing you a safe and joyful 4th of July filled with fireworks, laughter, and great memories! ❤️🤍💙

Thank you to all of our clients—especially our military families—for trusting TaxProLady with your tax and accounting needs. We appreciate your support and wish you a wonderful Independence Day!

🇺🇸 Happy 4th of July! 🎆

07/03/2026

🚩 Raise the flag if you’re tired of IRS headaches! 🚩

At TaxProLady, we fix tax problems. 💪

✅ IRS Notices
✅ Back Taxes
✅ Payment Plans
✅ Unfiled Tax Returns
✅ Wage Garnishments
✅ Tax Resolution for Individuals & Businesses

Don’t let tax problems keep you up at night. Whether you owe the IRS or just don’t know where to start, we’re here to help you find a solution.

📍 Serving clients nationwide.
📞 Schedule your consultation today.

At TaxProLady, we don’t judge your tax situation—we fix it.