Eley Tax and Accounting Services, PLLC

10/20/2026

10/14/2026

Breast Cancer Awareness Month
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10/13/2026

The AICPA asked the IRS to clarify that Form 8050, used to provide direct deposit information for tax refunds, will not be included in exempt organizations' publicly available tax return filings. An AICPA letter said the change would reduce the risk of inadvertently disclosing sensitive banking info...

10/08/2026

IRS Raises Per Diem Rates for Business Travel - Effective October 1:

Under the per diem substantiation method, if an employer or other payer pays a per diem allowance in lieu of reimbursing an employee’s actual expenses for lodging, meals, and incidental expenses, the amount deemed substantiated for each calendar day is the lesser of the allowance amount for that day or the amount computed under federal per diem rates for the place of travel within the continental United States (CONUS).

A separate federal rate applies to per diem allowances for meals and incidental expenses (M&IE). Taxpayers using the rates and the list of localities in Notice 2026-60 must comply with the rules for the per diem substantiation method.

The high-low substantiation method applies a higher rate to designated high-cost localities, which remains in effect for a specified portion of the calendar year, and a lower rate to all other localities. The annual update includes the per diem rate under the high-low substantiation method for travel within CONUS.

The rate for travel to high-cost localities within CONUS will rise to $329 from $319, and the rate for non-high-cost localities will increase to $230 from $225. The portion of the rate that applies to paid for meals, remains $86 for high-cost CONUS localities and $74 for all other CONUS localities.

The notice revised the list of high-cost localities for the annual period of Oct. 1, 2026, through Sept. 30, 2027. High-cost localities have a federal per diem rate of $280 or more.

09/30/2026

Trump to begin sending $500 ACA refund checks to 1 million Americans

President Donald Trump is set on September 30, 2026 to start sending $500 checks to nearly 1 million Americans his administration says were overcharged through the Affordable Care Act’s federal exchange for buying health insurance.

Treasury Department checks, along with letters signed by Trump notifying recipients, will begin going out to Americans across 30 states.

09/24/2026

Contact Eley Tax and Accounting Services, PLLC to accurately report and assess these common missed deductions as well as other tax strategies to enhance your profitability.

09/17/2026

Contact Eley Tax and Accounting Services, PLLC for assistance in filing your tax return before the October 15th deadline.

09/10/2026

09/07/2026