Liberty Tax Accounting

08/29/2026

⚠️ 𝐆𝐨𝐭 𝐚 𝐩𝐞𝐧𝐚𝐥𝐭𝐲 𝐧𝐨𝐭𝐢𝐜𝐞 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐈𝐑𝐒? 𝐇𝐞𝐫𝐞’𝐬 𝐰𝐡𝐚𝐭’𝐬 𝐚𝐜𝐭𝐮𝐚𝐥𝐥𝐲 𝐠𝐨𝐢𝐧𝐠 𝐨𝐧:

• 📅 𝐅𝐢𝐥𝐢𝐧𝐠 𝐥𝐚𝐭𝐞 = 𝟓%/𝐦𝐨𝐧𝐭𝐡 (𝐮𝐩 𝐭𝐨 𝟐𝟓%) — the expensive one.

• 💵 𝐏𝐚𝐲𝐢𝐧𝐠 𝐥𝐚𝐭𝐞 = 𝟎.𝟓%/𝐦𝐨𝐧𝐭 (𝐮𝐩 𝐭𝐨 𝟐𝟓%) — file anyway, even if you can’t pay.

• ⚠️ 𝐖𝐫𝐨𝐧𝐠 𝐧𝐮𝐦𝐛𝐞𝐫𝐬 𝐨𝐧 𝐲𝐨𝐮𝐫 𝐫𝐞𝐭𝐮𝐫𝐧 = 𝟐𝟎% 𝐚𝐜𝐜𝐮𝐫𝐚𝐜𝐲-𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐩𝐞𝐧𝐚𝐥𝐭𝐲.

✅ 𝐓𝐡𝐞 𝐠𝐨𝐨𝐝 𝐧𝐞𝐰𝐬: Relief options may exist, including 𝐅𝐢𝐫𝐬𝐭 𝐓𝐢𝐦𝐞 𝐀𝐛𝐚𝐭𝐞 for taxpayers with a clean compliance history.

🚨 𝐃𝐨𝐧’𝐭 𝐣𝐮𝐬𝐭 𝐩𝐚𝐲 𝐢𝐭 𝐚𝐧𝐝 𝐦𝐨𝐯𝐞 𝐨𝐧.

Let us review your notice and check whether you may qualify for penalty relief.

👉 Get More Info: https://libertytaxaccounting.com/tax-penalties-2026-guide/

08/27/2026

📱 𝐒𝐞𝐥𝐥 𝐨𝐧 𝐕𝐞𝐧𝐦𝐨, 𝐏𝐚𝐲𝐏𝐚𝐥, 𝐨𝐫 𝐄𝐭𝐬𝐲? 𝐇𝐞𝐫𝐞’𝐬 𝐭𝐡𝐞 𝟏𝟎𝟗𝟗-𝐊 𝐫𝐮𝐥𝐞 𝐟𝐨𝐫 𝟐𝟎𝟐𝟔:

• 💰 𝐘𝐨𝐮’𝐥𝐥 𝐨𝐧𝐥𝐲 𝐠𝐞𝐭 𝐚 𝐟𝐨𝐫𝐦 𝐢𝐟 𝐲𝐨𝐮 𝐜𝐫𝐨𝐬𝐬 $𝟐𝟎,𝟎𝟎𝟎 𝐀𝐍𝐃 𝟐𝟎𝟎 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬 𝐨𝐧 𝐨𝐧𝐞 𝐩𝐥𝐚𝐭𝐟𝐨𝐫𝐦.

• 👥 𝐒𝐩𝐥𝐢𝐭𝐭𝐢𝐧𝐠 𝐛𝐢𝐥𝐥𝐬 𝐨𝐫 𝐠𝐞𝐭𝐭𝐢𝐧𝐠 𝐩𝐚𝐢𝐝 𝐛𝐚𝐜𝐤 𝐛𝐲 𝐟𝐫𝐢𝐞𝐧𝐝𝐬? These personal payments generally aren’t taxable income.

• 📄 𝐃𝐢𝐝𝐧’𝐭 𝐠𝐞𝐭 𝐚 𝟏𝟎𝟗𝟗-𝐊? You still have to report taxable income.

• 🛍️ 𝐒𝐨𝐥𝐝 𝐚𝐧 𝐨𝐥𝐝 𝐢𝐭𝐞𝐦 𝐟𝐨𝐫 𝐥𝐞𝐬𝐬 𝐭𝐡𝐚𝐧 𝐲𝐨𝐮 𝐩𝐚𝐢𝐝? Generally, there’s no taxable gain.

❓ 𝐂𝐨𝐧𝐟𝐮𝐬𝐞𝐝 𝐛𝐲 𝐚 𝟏𝟎𝟗𝟗-𝐊 𝐲𝐨𝐮 𝐫𝐞𝐜𝐞𝐢𝐯𝐞𝐝?

We can help you understand it and sort out what needs to be reported.

👉 𝐆𝐞𝐭 𝐢𝐧 𝐭𝐨𝐮𝐜𝐡: https://libertytaxaccounting.com/form-1099-k-2026-guide/

08/25/2026

📬 𝐆𝐨𝐭 𝐚 𝐥𝐞𝐭𝐭𝐞𝐫 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐈𝐑𝐒? 𝐓𝐚𝐤𝐞 𝐚 𝐛𝐫𝐞𝐚𝐭𝐡 𝐟𝐢𝐫𝐬𝐭.

Receiving an IRS notice can feel stressful, but 𝐢𝐭 𝐝𝐨𝐞𝐬𝐧’𝐭 𝐚𝐥𝐰𝐚𝐲𝐬 𝐦𝐞𝐚𝐧 𝐲𝐨𝐮’𝐫𝐞 𝐢𝐧 𝐬𝐞𝐫𝐢𝐨𝐮𝐬 𝐭𝐫𝐨𝐮𝐛𝐥𝐞.

Here are a few things to know:

• 📩 𝐌𝐨𝐬𝐭 𝐚𝐮𝐝𝐢𝐭𝐬 𝐡𝐚𝐩𝐩𝐞𝐧 𝐞𝐧𝐭𝐢𝐫𝐞𝐥𝐲 𝐛𝐲 𝐦𝐚𝐢𝐥 — no in-person meeting required.

• 📅 𝐓𝐡𝐞 𝐈𝐑𝐒 𝐮𝐬𝐮𝐚𝐥𝐥𝐲 𝐡𝐚𝐬 𝟑 𝐲𝐞𝐚𝐫𝐬 𝐭𝐨 𝐚𝐮𝐝𝐢𝐭 𝐚 𝐫𝐞𝐭𝐮𝐫𝐧 — and up to 6 years for substantial discrepancies.

• 👨‍💼 𝐘𝐨𝐮 𝐡𝐚𝐯𝐞 𝐭𝐡𝐞 𝐫𝐢𝐠𝐡𝐭 𝐭𝐨 𝐡𝐚𝐯𝐞 𝐚 𝐭𝐚𝐱 𝐩𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥 𝐫𝐞𝐩𝐫𝐞𝐬𝐞𝐧𝐭 𝐲𝐨𝐮 — and handle communications with the IRS.

• ✅ 𝐌𝐚𝐧𝐲 𝐚𝐮𝐝𝐢𝐭𝐬 𝐞𝐧𝐝 𝐰𝐢𝐭𝐡 𝐧𝐨 𝐜𝐡𝐚𝐧𝐠𝐞𝐬 𝐚𝐭 𝐚𝐥𝐥.

🚨 𝐃𝐨𝐧’𝐭 𝐧𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐚𝐧 𝐈𝐑𝐒 𝐧𝐨𝐭𝐢𝐜𝐞 𝐚𝐥𝐨𝐧𝐞.

We can review your notice, explain what it means, and help you respond on your behalf.

👉 𝐆𝐞𝐭 𝐢𝐧 𝐭𝐨𝐮𝐜𝐡: https://libertytaxaccounting.com/irs-audit-guide-2026/

08/22/2026

💼 𝗕𝗜𝗚 𝗖𝗛𝗔𝗡𝗚𝗘𝗦 𝗧𝗢 𝗕𝗨𝗦𝗜𝗡𝗘𝗦𝗦 𝗗𝗘𝗗𝗨𝗖𝗧𝗜𝗢𝗡𝗦 𝗙𝗢𝗥 𝟮𝟬𝟮𝟲!

Business owners: several important tax changes could affect your 2026 deductions.

• 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟭𝟳𝟵: Deduction limit increased to $2,560,000
• 𝗕𝗼𝗻𝘂𝘀 𝗗𝗲𝗽𝗿𝗲𝗰𝗶𝗮𝘁𝗶𝗼𝗻: 100% bonus depreciation is now permanent
• 𝗠𝗶𝗹𝗲𝗮𝗴𝗲 𝗥𝗮𝘁𝗲: 72.5¢/mile (Jan–Jun) and 76¢/mile (Jul–Dec)
• 𝗤𝗕𝗜 𝗗𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻: Up to 20% for qualifying pass-through business income, now permanent

𝗗𝗼𝗻'𝘁 𝗹𝗲𝗮𝘃𝗲 𝗺𝗼𝗻𝗲𝘆 𝗼𝗻 𝘁𝗵𝗲 𝘁𝗮𝗯𝗹𝗲 𝘁𝗵𝗶𝘀 𝘁𝗮𝘅 𝘀𝗲𝗮𝘀𝗼𝗻.

👉 𝗪𝗮𝗻𝘁 𝗮 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗱𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻𝘀 𝗿𝗲𝘃𝗶𝗲𝘄?

Business Deductions 2026 Guide

𝗟𝗶𝗯𝗲𝗿𝘁𝘆 𝗧𝗮𝘅 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴
Tax Preparation • Bookkeeping • Payroll • Tax Planning

A 2026 guide to business deductions: Section 179 limits, 100% bonus depreciation, the new mileage rates, QBI, and commonly missed write-offs.

08/20/2026

📅 Freelancer, business owner, or landlord? Don't forget: the IRS collects quarterly, not just in April.

2026 estimated tax deadlines:
• April 15 • June 15 • September 15 • January 15, 2027

Pay the smaller of 90% of this year's tax or 100-110% of last year's to avoid a penalty — and remember, a missed quarter keeps accruing penalty even if you catch up later.

Need help figuring out your number? 👉 https://libertytaxaccounting.com/estimated-taxes-2026-guide/

08/17/2026

💵 Running payroll in 2026? A few things just changed:

• Social Security wage base is now $184,500 (up from $176,100)
• F**A rates stay the same: 6.2% Social Security + 1.45% Medicare
• Withheld payroll taxes belong to the IRS the moment they're withheld — not your cash flow

Getting payroll tax wrong can mean penalties that follow you personally, not just your business. Want a quick compliance check? 👉 https://libertytaxaccounting.com/payroll-tax-guide-2026-tax-season/
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08/12/2026

Selling on Shopify, Amazon, or Etsy in multiple states? You may owe sales tax in states you've never set foot in. Here's what 'economic nexus' means for your business in 2026. 👇

Navigate sales tax challenges in 2026 and ensure compliance for your e-commerce venture with our guide on "Sales Tax for Online Businesses."

08/11/2026

💰 Traded crypto in 2025? Here's what's new for the 2026 tax season:

The IRS now receives your crypto sales data directly from exchanges via the new Form 1099-DA. That means:

• Swapping one coin for another = taxable
• Staking & mining rewards = taxable income
• Cost basis is now tracked per wallet, not pooled together

Even if you didn't get a tax form from your exchange, you're still required to report your crypto activity.

Not sure where you stand? Our team can help you sort it out before the deadline. 👉 https://libertytaxaccounting.com/contact-us/

08/07/2026

Capital Gains Tax explained for 2026: Learn about long-term gains, capital losses, home-sale exclusions, Schedule D and IRS reporting with Liberty Tax Accounting.

Capital Gains Tax explained for 2026: Learn about long-term gains, capital losses, home-sale exclusions, Schedule D and IRS reporting with Liberty Tax Accounting.

07/30/2026

IRA Withdrawals: Essential 2026 Tax Guide
Taking money from an IRA is not just a cash-flow decision - it can change your tax return.

IRA Withdrawals: Essential 2026 Tax Guide Taking money from an IRA is not just a cash-flow decision - it can change your tax return.