L&T Professional Tax Service

04/01/2026

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02/16/2026

🚨The PATH Act has Lifted!!! What That Actually Mean?
If you claimed the Earned Income Credit (EIC) or the Additional Child Tax Credit (ACTC), the PATH Act hold has officially lifted.
The IRS expects many refunds to show up by March 2, with deposits starting to hit accounts next week.
Please be aware Filing early doesn’t mean you will be in first drop. IRS process at their discretion. Please know they have already started auditing. If you gets audit please contact your Tax Professional for guidance. Dont ignore the letter!!!
🚨If you didnt have your Taxes prepared at my office and you audit. Please redirect your questions to your Tax Professional. However, if you unsuccessful to reach whom you compensated. You can book an appointment with compensation. However, allow your Tax professional the opportunity to guide you through the process. Please understand if you are audit it happens. You just was randomly selected. It doesn’t have to mean your taxes was done incorrectly. Anyone can be selected or audit without errors.
Refund timing depends on:
IRS processing cycles
Fraud filters
Identity verification
Wage matching
Dependent reviews
If you check where is my refunds numerous of time it will lock you out.
To check where is my refund go to irs.gov.
You Tax Professionals doesn’t have no additional information other than what “Where is my refund” Provides.
Always stay ready with the proper documentation to prove what needs to be proved if needed.

Pay your taxes. Get your refund status. Find IRS forms and answers to tax questions. We help you understand and meet your federal tax responsibilities.

02/09/2026

Happy Money Monday!!!
🚨 Huntington Ingalls Employees: Important Tax Info
Please bring the following to your appointment:
✅ Your W-2
✅ Your final check stub dated 12/18/2025
Overtime is not itemized on the W-2, and reviewing your last pay stub allows us to ensure your income is reported correctly.
If you worked overtime, this extra step could work in your favor.
Accuracy matters let’s get it right.

01/19/2026

Today we honor the life, legacy, and leadership of Dr. Martin Luther King Jr. At L&T Professional Tax Services LLC, we stand for service, integrity, and empowering our community through knowledge, opportunity, and economic growth. Dr. King’s dream reminds us that unity, justice, and faith driven purpose can transform generations.
“Faith is taking the first step even when you don’t see the whole staircase.” Dr. Martin Luther King Jr.
May we continue to walk in purpose, serve with excellence, and uplift one another.

12/30/2025

‼️Important Tax Notice for Self-Employed Filers‼️

If you report self employment income and claim a loss for three consecutive years, the IRS may reclassify your business as a hobby rather than a for profit business. When this happens, deductions can be limited or disallowed.For clients who have filed with multiple tax preparers (“tax hopping”), it is critical to be fully transparent. Do not withhold information about prior filings, income, expenses, or losses. Tax Professionals it is imperative to implement Due Diligence interview with each client. The IRS is increasing audit activity, and failure to disclose accurate information may result in audits, penalties, repayment of previously received refunds, interest, and additional tax owed.
Transparency protects you. Accuracy protects us both.

12/26/2025

In need of professional Due Diligence training for you or your team? Look no further.
With 16 years in the tax industry and a commitment to continuous, advanced training, I provide practical Due Diligence education designed to protect your business not just check boxes. The IRS has already begun issuing Due Diligence letters from previous Tax Season, and waiting is no longer an option. If your SOPs, WISP plan, and interview processes are not fully compliant, you are putting yourself and your clients at risk for costly penalties and audits.
This is a new era in tax preparation. It does not matter how long you have been in the industry compliance is no longer optional. Those who fail to adapt will be left behind with fines, sanctions, and increased scrutiny. After attending multiple advanced trainings this summer, I was able to walk away with more knowledge, confident and at ease regarding Due Diligence. I must give a major shout out to Dr. Gwennetta Wright DrGwennetta Wright she a beast and class is well worth it. My systems are solid and my due diligence is implemented the correct way. Why? I compared her training with IRS and it’s valid. The best investment ever. Often, it is one small missing component that can result in thousands of dollars in penalties.
The solution is simple:
✔ Proper systems
✔ Correct Due Diligence interviews
✔ Fully implemented SOPs & WISP plans
When done correctly, Due Diligence:
• Protects your firm
• Reduces client penalties
• Minimizes audit exposure
This upcoming season is projected to be one of the highest audit seasons yet, with AI playing a major role in enforcement. Don’t take my word for it research confirms it.
Be prepared so you don’t have to get prepared.
Having a mentor regardless of how long you’ve been in the game is an asset, not a weakness. I value my mentors and my tax Bestie, and I believe in staying ahead, not catching up. At L&T we been open since Dec 1 and been executing. Our system revamp has been successful thus far.
Let’s get you compliant, confident, and audit-ready. Book today.
Latrice Dixon ED.S.

12/25/2025

12/24/2025

🚨 Important for Tax Clients 🚨

Act Now!! The IRS uses ID.me to verify your identity before granting access to tax records. This added security helps protect your refund and prevents identity theft.

With an ID.me account, you can:
✔ Access IRS transcripts
✔ View balances & notices
✔ Set up payment plans
✔ Manage your IRS IP PIN

Scan the QR code to create your ID.me account today.⬇️

Please note: Tax professionals cannot complete ID.me verification on your behalf.

11/27/2025

🍁Happy Thanksgiving from L&T Professional Tax Services LLC

11/13/2025

‼️ATTENTION TAXPAYERS! BIG RETIREMENT SAVINGS UPDATE FOR 2026
The IRS just announced NEW contribution limits for retirement accounts and it’s great news for anyone trying to build wealth and lower their taxable income.
Here’s what’s changing starting 2026:
401(k) Contribution Limit:
Increases to $24,500
This means you can put MORE money into your employer-sponsored retirement plan and potentially lower your tax bill.
IRA Contribution Limit:
Increases to $7,500
This includes Traditional and Roth IRAs, giving you more room to save for the future.
Why this matters:
Higher limits = more tax advantages, more long-term growth, and more control over your financial future.
If you’re trying to clean up your finances, save smarter, or position yourself for retirement success NOW is the time to plan.

Need help understanding how this affects you?
Let L&T Professional Tax Services LLC guide you.
[email protected]
228-471-5260
“Quality, Trust, and Expertise”

11/13/2025

🚨What this means?
Third-party payment platforms (like Cash App, PayPal, Venmo, etc.) are not required to file a Form 1099-K unless:
Your gross reportable payments exceed $20,000, and
You have more than 200 transactions in a year.
This update clarifies reporting rules for sellers, gig workers, and small business owners who use online platforms.
Even if you don’t receive a 1099-K, you’re still required to report all taxable income on your return.
Stay informed, stay compliant, and stay audit-proof.
L&T Professional Tax Services LLC
“Quality, Trust, and Expertise”
📧 [email protected] | 📞 228-471-5260

11/06/2025

TAX BOSSES: Get Your Blueprint for Success!
Your tax business needs a Compliance & Operations Checklist to be truly organized, compliant, and profitable.
This checklist covers everything from security (WISP) to client systems to make your business audit-proof and professional.
Ready to level up? Contact L&T Professional Tax Services LLC today![email protected] 228-471-5260 or 228-218-3128