Diana A Morales, EA - Your Income Tax Expert

01/14/2026

Let’s get ready to file your 2025 Tax Return.

IRS will start processing tax returns, current and prior year, January 26th. You will need w-2’s, form 1095A if you were enrolled in marketplace insurance and any other tax documents you are expecting. It is also important that you take your final paystub for 2025 to determine if you were paid overtime. Your employer is not required to report this to you on your 2025 W-2. You may also qualify for car loan interest deduction if you financed a new vehicle in 2025, restrictions apply.

Call/ text for your appointment (956)322-8436

Looking forward to seeing you soon

01/04/2025

Hope everyone had a Merry Christmas and wishing you a very Happy, healthy, prosperous New Year.

My office will be open and available for appointments beginning Monday, January 6th. Monday - Friday, 10am - 10pm & Saturday 10am - 7pm.

Call/text (956)322-8436

12/25/2024

Please read and share

United States Department of the Treasury

12/02/2024

IMPORTANT UPDATE!!!

Merry Christmas!!!

Sorry if this is giving you whiplash….

BOIR is now back to filing required. Deadline is Jan 13th, 2025 if your company was open prior to Jan 1, 2024. If opened in 2024 please file as soon as possible to avoid possible penalties. Go to FinCen.gov for updates and filing.

Filing BOIR has been placed on hold due to a US Federal District Court in Texas filing an order. You may still voluntarily file but are not required to and will not be fined. Visit FinCen.gov for updates.

In case you missed it….BOIR is a new filing requirement for LLC’s and other entities. If your company was formed before Jan 1, 2024, your report is due on or before Jan 1st 2025. Companies formed in 2024 have 90 days to file and companies formed in 2025 will only have 30 days to comply. The penalty for filing late is $591 per day so please don’t miss your deadline. Here’s the website, very simple to file. If you need assistance, please schedule an appointment. My fee is very reasonable.

United States Department of the Treasury

09/26/2024

Hello everyone, it’s been a while. For those of you that have an extension for 2023 Tax Returns, personal and business, take a look at the article below, Hidalgo county is on the list. Keep in mind extensions only give you extra time to file. If you have a balance due, payment was due April 15th so you will be charged interest and penalty until paid in full.

TX-2024-08, July 22, 2024 — The Internal Revenue Service announced today tax relief for individuals and businesses in 67 Texas counties, affected by Hurricane Beryl that began on July 5, 2024. These taxpayers now have until Feb. 3, 2025, to file various federal individual and business tax returns ...

01/17/2022

A couple things to keep in mind when filing your 2021 tax return.

1. If your earned income in 2021 is less than your earned income in 2019, you will be able to use your 2019 income to calculate some credits if using 2019 income results in a larger credit.

2. If you paid child/dependent care in 2021, you may qualify for a refundable credit. Bring your child care provider letter with you even though it may not have helped in prior years.

01/17/2022

Good afternoon, as a follow up to my previous post, I wanted to remind you that if your tax return contains refundable credits, it will not be processed until February 15th as in previous years.

01/10/2022

Good afternoon all, hope everyone is doing well. Please see photos below for important information and IRS start date.

Call or text my office at (956)322-8436 if you have any questions or need an appointment. Looking forward to seeing you all soon!!!

05/13/2021

01/20/2021

Good evening everyone, hope everyone is doing well during this difficult time.

Can’t believe tax season is upon us once again!!!

I had 2 clients reach out today to let me know they received their second stimulus check today by mail at the address the IRS has on file, which would be the one that was used on your last filed tax return unless you timely mailed a change of address form to the IRS. Both of these clients had a January 6th mail date when checking the stimulus status on IRS website, so check your mail.

08/19/2020

Hope everyone is doing well and staying safe. If you recently received a small payment from the IRS here’s the reason for it