Decision Financial Services, Inc.

Decision Financial Services, Inc. Concierge Tax Services for Independent Professionals. Visit us at www.decisionfinancial.com Let us be your ally to help you reach that goal.

At Decision Financial, our goal is to provide professional, reliable, and personalized tax strategies, services to businesses and individuals. Tax planning is the greatest tool to ensure you receive the maximum benefit of the tax code.

Increased Standard Mileage Rates Starting July 1, 2026Due to higher fuel prices, the IRS has increased the standard mile...
07/14/2026

Increased Standard Mileage Rates Starting July 1, 2026

Due to higher fuel prices, the IRS has increased the standard mileage rate for business driving to 76 cents per mile for mileage incurred on or after July 1, 2026. The rates for medical travel and eligible moving expenses have also increased to 23.5 cents per mile.

The charitable mileage rate remains unchanged at 14 cents per mile, while the previously announced 2026 rates continue to apply to mileage incurred before July 1.

Employer-Provided Childcare Tax Credit – Did You Know?Businesses that offer childcare benefits to employees may qualify ...
07/06/2026

Employer-Provided Childcare Tax Credit – Did You Know?

Businesses that offer childcare benefits to employees may qualify for the Employer-Provided Childcare Tax Credit for some of the expenses involved. Eligible costs may include acquiring, constructing, or improving a childcare facility, operating an on-site childcare program, contracting with a qualified childcare provider, or paying for childcare resource and referral services.

Beginning in 2026, the credit generally equals 40% of qualified childcare expenditures (or 50% for eligible small businesses) plus 10% of qualified childcare resource and referral expenses. The maximum annual credit has also increased to $500,000, or $600,000 for eligible small businesses.

Digital Asset Tax Reporting – Did You Know?If you use a broker for digital asset transactions, such as selling, exchangi...
06/29/2026

Digital Asset Tax Reporting – Did You Know?

If you use a broker for digital asset transactions, such as selling, exchanging, or otherwise disposing of cryptocurrency or other digital assets, you may receive Form 1099-DA. Keep this form with your tax records, as you will need it to accurately report those transactions on your tax return.

“Strategy protects what success creates” reflects the idea that building wealth is only the first step. Preserving it re...
06/24/2026

“Strategy protects what success creates” reflects the idea that building wealth is only the first step. Preserving it requires intention and planning. As income grows, businesses expand, and assets accumulate, the complexity of financial decisions increases. Without a proactive tax strategy, much of that hard-earned success can be lost to unnecessary taxes, missed opportunities, and inefficient planning. Strategic tax planning helps individuals and business owners structure their finances in a way that minimizes risk, maximizes opportunities, and aligns resources with long-term goals. Success creates wealth; strategy ensures that wealth is protected, preserved, and positioned to support the future you envision.

New IRS Portal for Reporting Fraud and ScamsThe IRS has launched a new portal that makes it easier to report instances o...
06/22/2026

New IRS Portal for Reporting Fraud and Scams

The IRS has launched a new portal that makes it easier to report instances of tax fraud, identity theft, IRS impersonation and other tax-related scams. On the new webpage (link below), people and businesses can report:

- Fake IRS phone calls, emails, and text and social media messages. Scammers posing as government agents often threaten people with arrest unless they submit immediate payments, often in a specific format like gift cards. The IRS does not operate in this way.
- Suspected tax fraud, such as tax evasion schemes or illegal use of offshore accounts.
- Identity theft, which should always be reported to the IRS immediately, even if other government and law enforcement agencies know about the crime.
- Suspicious tax preparation practices, such as a paid tax preparer refusing to sign your return or altering your income figures.

Citizen reporting often plays a critical role in catching scammers and bringing them to justice. This new system makes the process of filing a report less confusing and much more convenient.

IRS Fraud Reporting Site: https://www.irs.gov/help/report-fraud

IRS Offer in Compromise Program – Did You Know?People who cannot pay their tax bills in full may have options to resolve...
06/15/2026

IRS Offer in Compromise Program – Did You Know?

People who cannot pay their tax bills in full may have options to resolve the situation. One of these options is the Offer in Compromise (OIC) program, which allows eligible taxpayers to settle their debts with the IRS for less than the full amount owed.

Anyone considering an OIC should first check whether they qualify using the IRS Pre-Qualifier tool online (link below). Eligible taxpayers may then submit an application. In most cases, the application must be accompanied by a $205 fee and an initial payment toward the tax debt, although these requirements may be waived for lower-income applicants.

An OIC application requires detailed financial information and must be carefully prepared. Beware of aggressive ads promising to settle tax debts quickly for a small fraction of the amount owed. Companies behind these ads, often referred to as OIC mills, may charge substantial fees while submitting applications for people who have little chance of qualifying. A trusted tax professional can help ensure that an OIC application is complete, accurate, and has a reasonable chance of acceptance.

OIC Pre-Qualifier Online Tool: https://irs.treasury.gov/oic_pre_qualifier/

"When two people align their vision, wealth becomes a shared journey.”Financial success is rarely built by one person al...
06/12/2026

"When two people align their vision, wealth becomes a shared journey.”

Financial success is rarely built by one person alone. In a marriage or partnership, true wealth is created when both individuals share common goals, communicate openly about finances, and make intentional decisions together.

Whether planning for a home, growing a business, saving for retirement, or creating a legacy for future generations, a unified vision transforms financial planning from a series of individual choices into a collaborative path forward. When couples align their values and long-term objectives, they not only strengthen their financial foundation but also create a greater sense of purpose, partnership, and confidence in the future they are building together.

If you would like to schedule a tax strategy consultation to enhance your wealth journey, we'd love to schedule a call with you! www.decisionfinancial.com

Quarterly Estimated Tax Payments – ReminderIf you are making quarterly estimated tax payments to the IRS, the due date f...
06/08/2026

Quarterly Estimated Tax Payments – Reminder

If you are making quarterly estimated tax payments to the IRS, the due date for the April 1–May 31, 2026, payment period is coming up next Monday, June 15, 2026.

If you use IRS Direct Pay, payments can generally be made until 11:45 p.m. ET on the due date. If you pay by credit or debit card through an IRS-authorized payment processor, payments can generally be made until 11:59 p.m. ET on the due date.

Success is not measured solely by what you earn; it's measured by what you keep, preserve, and position for the future. ...
06/01/2026

Success is not measured solely by what you earn; it's measured by what you keep, preserve, and position for the future. Hard work, entrepreneurship, and wise financial decisions can create significant wealth, but without a proactive strategy, that success can be diminished by unnecessary taxes, missed opportunities, and inefficient planning. A thoughtful tax strategy acts as a safeguard, ensuring that the wealth you have worked so diligently to build remains aligned with your long-term goals.

At Decision Financial, we believe tax planning is about much more than compliance. It is about creating a framework that protects your assets, supports future growth, and helps you make intentional decisions with confidence. Through proactive tax strategies, wealth-building guidance, and year-round planning, we help clients transform financial success into lasting financial security. Because true wealth is not just about what you create today. It's about protecting it for tomorrow, your family, and the legacy you intend to leave behind.

Summer Activities and Taxes – Did You Know?Summer is a time to relax and have fun, but some seasonal activities may have...
06/01/2026

Summer Activities and Taxes – Did You Know?

Summer is a time to relax and have fun, but some seasonal activities may have tax consequences. Being aware of them now may save you time and hassle later.

If your child attends a day camp so you can work or look for work, some of the cost may qualify for the Child and Dependent Care Credit. Be sure to keep records and obtain the camp's tax identification information.

Students with summer jobs may be entitled to tax refunds if income tax is withheld from their pay. Adults earning income from seasonal, part-time, or gig work may need additional withholding or quarterly estimated tax payments.

Summer is also a popular wedding season. If you change your name after marriage, update your records with the Social Security Administration. If you move, update your address with the IRS and submit a new Form W-4 to your employer so your withholding reflects your current tax situation.

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535 Silicon Drive Ste. 101
Southlake, TX
76092

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Thursday 8:30am - 5pm
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