Reed’s Tax Service

04/20/2026

Tax season is finally behind us, and everyone takes a deep breath for the first time in months. Then the question hits, Now what?

If you filed an extension, this is the moment to get your paperwork together instead of letting it drift until September. An extension doesn’t make the tax go away. It just buys time, and that time disappears faster than people think.

If you did your own return or had someone else handle it and you’re not completely sure it was done right, come in and let us look it over. A review can catch the little things that turn into big things later. People are often surprised by what gets missed.

The rest of the year still matters. Watch for corrected 1099s that show up long after you thought everything was settled. Brokerage firms love to send updated statements in the middle of summer. K‑1s wander in whenever they feel like it. Anything that arrives out of season is usually important, even if it looks harmless.

If you change jobs, adjust your withholding, sell property, start a side business, take money out of retirement funds, or have any life shift that touches money, tell us. A short conversation now saves a headache next spring.

If you’re on an extension or want a second look at a return, reach out to the office or email [email protected]. We will get you on the calendar and make sure you’re on solid ground for the rest of the year.

04/15/2026

Another tax season is officially in the books—and we couldn’t be more grateful.

Thank you to everyone who trusted Reed’s Tax Service with your returns this year. Since 1943, this business has been serving clients far and wide, and it’s an honor to carry that legacy forward more than eight decades later. Your support truly keeps our doors open, and we never take that for granted.

Our office will be closed for the next two weeks so our team can take a well-earned break after the push to April 15. We will still be checking email and voicemail, so if something urgent comes up, you can reach us.

Thank you again for your continued trust in us.

M. Sean Reed, EA
Heather Reed
Michael Kretchmar, EA
and the Reed’s Tax Service Family

02/06/2026

If you claimed the Earned Income Tax Credit or the Additional Child Tax Credit and are wondering where your refund is, don’t panic. You can expect to get your refund by March 3 if:

• You filed your return online
• You chose to get your refund by direct deposit
• We found no issues with your return

However, some taxpayers may see their refunds a few days earlier. Check Where’s My Refund for your personalized refund date. Visit here for more info: www.irs.gov/refundtiming

01/27/2026

Snowed in? No problem! ❄️💻

Even on a snow day, you can get your taxes done from the comfort of your home! We offer secure, remote tax preparation—no need to brave the roads. Just upload your documents to our encrypted portal, and we’ll handle the rest.

Stay cozy, sip some cocoa, and let’s check “file taxes” off your to-do list! ✅

📩 call 479-244-7070 or email [email protected]

01/12/2026

As gets closer, you might consider hiring a to do your taxes. Free resources explain what differentiates one preparer from another and even share what red flags to watch out for. An IRS directory of preparers lists credentials and select qualifications to help you choose the right fit for you. Working with the right person can help reduce your tax bill or possibly get a refund.

Find the right tax professional for you at www.irs.gov/chooseataxpro.

01/12/2026

🎉 Tax Season is Here – Let’s Get Ready, Eureka Springs!

📬 It’s that time of year when important tax documents start arriving in your mailbox and inbox! Keep an eye out for W-2s, 1099s, K-1s, interest and dividend statements, and charitable giving summaries.

📅 Important Date: Since January 31 falls on a weekend, the deadline moves to Monday, February 2 for W-2s and most 1099s (including NEC, MISC, and K). Expect these forms by early February!

💡 Heads Up: Brokerage statements (1099-B, 1099-DIV) may arrive later, and if you have partnerships, S-corps, or trusts, K-1s might not show up until March.

✅ Pro Tip: Start a folder now! Gather charitable donation receipts, mortgage interest statements, property tax receipts, and any other documents that reflect income or deductions. Staying organized makes your appointment smooth and stress-free!

❓ Have questions about what you should be receiving or when something should arrive? We’re here to help!

📞 Call us at 479-244-7070 or ✉️ email [email protected]

01/11/2026

If you receive mail, email, or phone calls identifying as the IRS be sure to check with your tax professional to determine if it is legitimate.

New scam
This is not an official IRS document .
We have had report of some people receiving them.

01/08/2026

Please share
The IRS will begin accepting 2025 tax year 1040 filings on Monday, January 26. As we head into
a new tax season, the team at Reed’s Tax Service in Eureka Springs, Arkansas is ready to help
you get everything organized and filed correctly.
You don’t have to wait until the IRS opens to get started. If you already have your tax documents
together we can prepare your return ahead of time and have it
ready to transmit as soon as the IRS begins accepting returns on the 26th.
If you need us, call 479-244-7070 or email [email protected].

01/01/2026

If you deduct mileage on your taxes, take a clear photo of your odometer this morning. The IRS requires beginning and ending mileage for the year, and a quick photo now saves you time and stress at filing. A simple record today keeps your deduction audit ready later.

12/24/2025

A new USPS rule may affect how the IRS views the timeliness of your tax filings and year‑end charitable donations. For decades, taxpayers have relied on the mailbox rule, which treats a return or payment as filed on the date of the postmark. The problem is that most postmarks are now applied at processing facilities, not when you actually hand your envelope to the Postal Service. That means a return dropped off on a deadline day could receive a later processing date, creating the risk of being treated as late even when you mailed it on time.

To protect yourself, the safest options are to buy postage at the counter, request a manual postmark, or use certified or registered mail. These methods provide proof of the date the Postal Service actually accepted your envelope. Pre‑printed labels and kiosk postage do not provide that protection.

This change also affects year‑end charitable giving. A donation mailed on December 31 is only considered made in that tax year if the postmark reflects that date. A January processing date could push the deduction into the next year. If you are planning year‑end gifts, consider mailing earlier, donating electronically, or asking for a counter postmark.

Deadlines matter, and this new USPS rule makes the timing of your mailing more important than ever. Reed’s Tax Service is here to help if you have questions about how this affects your filings or charitable contributions.

12/19/2025

As the year wraps up, charitable contributions remain one of the cleanest tools for year-end tax planning. Giving to a qualified charity supports work you value, and if you itemize deductions it can reduce the income the IRS taxes. For many taxpayers, year-end giving is what pushes them past the standard deduction and makes itemizing worthwhile.

The documentation rules are simple. Each gift stands on its own. For any single contribution under $250, bank records or a basic receipt are enough. Once a single contribution is $250 or more, you need a contemporaneous written acknowledgment from the charity stating what you gave and whether you received anything in return. In Duden v. Commissioner, donors lost their deductions because the acknowledgement wasn’t in hand by the time they filed—late paperwork doesn’t count.

For non-cash gifts, the rules increase: anything over $500 requires Form 8283, and non-cash donations over $5,000 (other than publicly traded stock) need a qualified appraisal.

If you’re trying to group your charitable deductions into one year, donor-advised funds can help you “bunch” the deductions. And if you’re age 70½ or older, a Qualified Charitable Distribution from an IRA can reduce your taxable income by sending the money directly to a charity.

Political donations are never deductible.

The bottom line: keep receipts for smaller gifts, get proper letters for larger ones, and make sure you have the paperwork before you file. Thoughtful year-end giving can support causes you care about and reduce your tax bill when done right.

Let us know if we can help you. 479-981-1304