TaxRez

08/21/2026

🚨 Tax Update Alert for Small Business Owners! 🚨

The IRS just increased the standard business mileage rate from 72.5 cents to 76 cents per mile—and that extra 3.5 cents adds up fast when it comes to slashing your tax bill! 💰🚘

Here’s the catch: Because of this mid-year rate change, precise record keeping is more critical than ever. The IRS requires your mileage to be tracked and reported in two separate windows this year:
🗓️ Period 1: January 1 – June 30
🗓️ Period 2: July 1 – December 31

If you’re still relying on pen, paper, or memory at tax time, you’re likely leaving serious money on the table (and opening yourself up to unnecessary audit risks).

📱 Pro Tip: Ditch the manual logbook! Using an automated mileage tracking app like MileIQ or QuickBooks Self-Employed makes categorizing trips seamless and ensures you don't miss a single deductible mile.

Every mile you log directly lowers your taxable income. Don't let those write-offs slip through the cracks!

Looking to maximize your deductions and keep more of what you earn? Let’s map out a personalized strategy.

Send us a DM or give us a call to schedule tax strategy session today to optimize your business deductions!

(480) 278-9334

07/22/2026

More important than ever to keep your mileage logs up to date.

IRS Updates Standard Mileage Rates Effective July 1

The IRS has announced revised standard mileage rates for the second half of 2026 in response to recent increases in fuel prices. Under Announcement 2026-11, the business mileage rate increases to 76 cents per mile from 72.5 cents. The rate for medical and moving expenses increases to 23.5 cents per mile, while the rate for charitable miles remains unchanged at 14 cents per mile. The updated rates apply to deductible transportation expenses paid or incurred on or after July 1, 2026. The revised rates also apply to mileage allowances paid to employees on or after July 1, 2026, for transportation expenses incurred on or after that date.

Note for expenses incurred before July 1, 2026, the mileage rates established in IRS Notice 2026-10 remain in effect.

07/22/2026

Retirement planning? Check out my interview on YouTube with David Lundberg

Retirement Tax Planning: A Conversation with 28-Year IRS Enrolled Agent Linda Reader

Many people spend years preparing financially for retirement, yet v...

07/06/2026

Can you believe we’re already looking down the barrel of fall? Around here, we love a crisp autumn breeze, but as your resident tax nerds, we’ve got our eyes on a different kind of season: the final tax deadlines.

If you put your 2025 returns on extension earlier this year, those finish lines are coming up faster than a Sunday afternoon. Here is your quick cheat sheet so nothing catches you by surprise:

September 15th: Partnerships and S-Corps 📆

October 15th: C-Corps, Sole Proprietors, and Personal Returns 📆

Now, I know it’s tempting to wait until the midnight hour, but let me tell you a little truth from the heart: waiting until the last minute is a gamble you don’t want to take. When you rush, deductions get overlooked, credits get missed, and it ends up costing you your hard earned money.

We don’t want that for you! We want to make sure your return is crafted with care, precision, and every single break you deserve.

Let’s Get the Ball Rolling

Don't wait for the calendar to stress you out. Give us a call or drop us a message today to set up your appointment. Let’s get those 2025 returns officially checked off your to-do list together!

Remember, TaxRez isn't just a seasonal thing. We’re planted right here year-round to look after you. Whether you need a proactive tax strategy, woke up to a scary IRS notice, or need some help getting caught up on late filings, our door is always open.

03/22/2026

Read this to help you understand why the IRS may contact you. The IRS will NEVER text or call you.

A tax filing mistake does not always mean penalties—but understanding how the IRS communicates can determine how quickly you resolve the issue.

02/27/2026

⏰ Tax deadline is coming fast — don’t wait until the last minute!
Avoid the stress (and the penalties) by getting your documents organized now. Filing early means:
✔️ Faster refunds
✔️ More time to fix mistakes
✔️ Zero last‑minute panic
The federal tax filing deadline for individuals is April 15, 2026 — mark it, plan for it, and get ahead of it.

Contact TaxRez today!

02/18/2026

✨ Tax season doesn’t have to be stressful — check “taxes” off your list with one quick call to TaxRez.
We do the heavy lifting so you can get back to what matters most. 💼💰
At TaxRez, we’re “making cents out of the non sense.”
Let’s turn chaos into clarity — together.
📞 Ready to get started? Reach out today!

02/04/2026

📊 Professional Tax Preparation & IRS Audit Support 📑✨
Tax season doesn’t have to be stressful — let the experts handle it for you!
Whether you’re an individual, self‑employed, or a small business owner, we provide accurate, reliable, and stress‑free tax preparation designed to maximize your refund and ensure full compliance.
And if you’ve received an IRS letter or need help navigating an audit…
👉 We’ve got your back.
Our IRS audit support services offer clear guidance, professional representation, and peace of mind.

Call us today for your free consultation. (480) 278-9334

01/04/2026

A lot of changes will take effect on this tax return.
If you work overtime you should print out your final YTD paystub.

If you earn tips. Do you keep track? You should.
Print out your last paystub and keep any records to support tips and tip sharing.
It is your responsibility as the taxpayer and earner to know what tips you earned and how much your shared with others.

Taxrez1040.com can help.

 Contact: 480-278-9334 | [email protected] Follow Follow Follow Search for: How Can We Help? Contact Us Name * First Last * Last Email * Message * If you are human, leave this field blank. Experienced and Affordable Tax Preparation Tax Preparation and Resolution Services for Federal and all 50 S...

12/24/2025

TaxRex Family please be aware of some changes to the mailing of tax documents to the IRS.

USPS Postmark Dates Can Affect Timely Tax Filings

The U.S. Postal Service (USPS) finalized a rule that changes how postmarks are defined and applied, with important implications for timely tax filings. The rule adds §608.11, Postmarks and Postal Possession, to the Domestic Mail Manual and clarifies what a postmark represents. Under the new guidance, most machine-applied postmarks reflect the date of the first automated processing operation at a USPS facility, not the date a document is delivered to the Postal Service. Because postmarking often occurs after transportation from a retail unit and may cross calendar days, the date on the envelope is not always a reliable indicator of when the item was mailed. The USPS also notes that not all mail receives a postmark, and the absence of one does not mean the item was not accepted.

This clarification is especially important for tax professionals because §7502 relies on the postmark date to determine whether a return or document is filed on time when it is mailed. To ensure proof of mailing on the correct date, taxpayers should request a manual postmark by walking into a post office. They can also obtain a postage validation imprint, use certified or registered mail, or request a certificate of mailing from a postal employee.