thetaxlady4u

04/08/2026

Joanie enjoyed 4 cat treats today. Chachi was happy w one. 7 days to go before the midnight tax deadline

04/05/2026

Easter this years is just another workday 4 me.

01/08/2026

The announced Monday, January 26, 2026, as the opening of the nation’s 2026 filing season. You will have until Wednesday, April 15, 2026, to file your 2025 tax returns and pay any tax due. Don’t forget that IRS.gov has online tools and resources you can use before, during and after filing your federal tax return. For a list of filing season tools, reminders and resources, read: https://ow.ly/1yqq50XTweL

IR-2026-02, Jan. 8, 2026 — The Internal Revenue Service announced Monday, January 26, 2026, as the opening of the nation’s 2026 filing season. This year, several new tax law provisions of the One, Big, Beautiful Bill become effective, which could impact federal taxes, credits and deductions.

01/03/2026

Hello business owners: today is the day you need to write down your odometer reading so you can take advantage of the 2025 standard business mileage rate of 70 cents for business use.

12/05/2025

PSA: WASHINGTON — The Internal Revenue Service, working with the U.S. Department of the Treasury, today announced that paper tax refund checks for individual taxpayers will be phased out beginning on Sept. 30, 2025, as required by Executive Order 14247, to the extent permitted by law. This marks the first step of the broader transition to electronic payments.

The IRS will publish detailed guidance for 2025 tax returns before the 2026 filing season begins. Until further notice, taxpayers should continue using existing forms and procedures, including those filing their 2024 returns on extension of a due date prior to Dec. 31, 2025.

The change is designed to
Protect taxpayers: Paper checks are over 16 times more likely to be lost, stolen, altered, or delayed than electronic payments. Direct deposit also avoids the possibility that a refund check could be returned to the IRS as undeliverable.

Speed up refunds: Electronic refunds give taxpayers faster access to refunds, with payments issued in less than 21 days if filing electronically, choosing direct deposit and there are no issues with the return, whereas nonelectronic payments may take 6 weeks or longer for refunds sent by mail.
Cut costs: Electronic payments are more efficient and cost less than paper.
What this means for individual taxpayers
Filing stays the same: Taxpayers should continue to file their returns as they normally would, using one of the existing filing options.

Refunds go digital: Most refunds will be delivered by direct deposit or other secure electronic methods.
Help for those without access to bank accounts: Options such as prepaid debit cards, digital wallets or limited exceptions will be available.
Act now: Taxpayers should make sure they know their banking information or consider opening a free or low-cost account. Visit FDIC: GetBanked and MyCreditUnion.gov for account options.
Most individual taxpayers already receive their refunds by direct deposit into their bank accounts. During the 2025 tax filing season, the IRS issued more than 93.5 million tax refunds to individual income tax filers, and 93% of those, almost 87 million refunds, were issued through direct deposit. Only 7 percent of individual refund recipients received their refunds by check through the mail.

Next steps
Executive Order 14247 also applies to payments made to the IRS. Taxpayers should continue to use existing payment options until further notice. Additional guidance and information for filing 2025 taxes will be issued prior to the 2026 filing season.

03/19/2025

WASHINGTON––FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership information (BOI) reports pursuant to the Corporate Transparency Act by the current deadlines. No fines or penalties will be issued, and no enforcement actions will be taken, until a forthcoming interim final rule becomes effective and the new relevant due dates in the interim final rule have passed. This announcement continues Treasury’s commitment to reducing regulatory burden on businesses, as well as prioritizing under the Corporate Transparency Act reporting of BOI for those entities that pose the most significant law enforcement and national security risks.

No later than March 21, 2025, FinCEN intends to issue an interim final rule that extends BOI reporting deadlines, recognizing the need to provide new guidance and clarity as quickly as possible, while ensuring that BOI that is highly useful to important national security, intelligence, and law enforcement activities is reported.

in other words, if you filed you are in compliance. if you didn't file you are in compliance.

01/26/2025

Scam alert UPDATE 01.28.25. it was not me that got scammed it was a clients customer 01.29.25. the banks agreed to get the funds back to the customer within 2 days. No further action needed. Thank you. we had a client get their email account hacked and the scammers took this to the next level. The scammer informed a paying customer that the bank account for ACH payments had changed and gave the customer the "new" account number. The customer complied and deposited $30K into the "new" bank account. my client was really lucky because their customer was completely understanding and paid them the $30K anyway. Two EFTPS enrollment pins arrived to their business office with corporate names that were not familiar to either one of them and appeared suspicious. The sophistication these scumbag scammers are using is scary and that is why I have invested in higher level of secure program access for my tax & accounting software. These scammers cost us all money even if they are not stealing from us directly as the cost has to be carried by us all.

04/13/2024

One picture says 2 things: I gotta do taxes and I wanna go wheeling!