Trisha C Osborne, CPA

01/10/2026

The announced Monday, January 26, 2026, as the opening of the nation’s 2026 filing season. You will have until Wednesday, April 15, 2026, to file your 2025 tax returns and pay any tax due. Don’t forget that IRS.gov has online tools and resources you can use before, during and after filing your federal tax return. For a list of filing season tools, reminders and resources, read: https://ow.ly/1yqq50XTweL

01/05/2026

I've seen a lot of "ads" and posts suggesting that you can get money by clicking on a link or filing with a certain preparer.

Those are either scams or misleading ads.

Right now, there are no stimulus checks, no tariff checks (including the $2,000 tariff checks that were proposed but not approved), and no early refunds (tax season has not yet opened).

Be smart. Don't fall for the nonsense.

If you have questions about whether something is legitimate, ask a trusted source.

01/01/2026

If you use your vehicle for business, take a picture of your odometer reading today so you have your ending 2025 mileage / beginning 2026 mileage

12/29/2025

IRS sets 2026 business standard mileage rate at 72.5 cents per mile, up 2.5 cents

12/13/2025

Pets run many human households, but when tax season comes, they don’t count—no matter how dependent on you they are. A lawsuit filed by Amanda Reynolds seeks to change that.

12/27/2024

Its on hold again 🤷🏻‍♀️

The government has (again) been enjoined from enforcing the beneficial ownership information (BOI) reporting requirements under the CTA.

12/24/2024

Hopefully the last memo from FINCEN for 2024:

In light of a December 23, 2024, federal Court of Appeals decision, reporting companies, except as indicated below, are once again required to file beneficial ownership information with FinCEN. However, because the Department of the Treasury recognizes that reporting companies may need additional time to comply given the period when the preliminary injunction had been in effect, we have extended the reporting deadline as follows:

• Reporting companies that were created or registered prior to January 1, 2024 have until January 13, 2025 to file their initial beneficial ownership information reports with FinCEN. (These companies would otherwise have been required to report by January 1, 2025.)

• Reporting companies created or registered in the United States on or after September 4, 2024 that had a filing deadline between December 3, 2024 and December 23, 2024 have until January 13, 2025 to file their initial beneficial ownership information reports with FinCEN.

• Reporting companies created or registered in the United States on or after December 3, 2024 and on or before December 23, 2024 have an additional 21 days from their original filing deadline to file their initial beneficial ownership information reports with FinCEN.

• Reporting companies that qualify for disaster relief may have extended deadlines that fall beyond January 13, 2025. These companies should abide by whichever deadline falls later.

• Reporting companies that are created or registered in the United States on or after January 1, 2025 have 30 days to file their initial beneficial ownership information reports with FinCEN after receiving actual or public notice that their creation or registration is effective.

12/22/2024

Great news for public service workers:

Senators approve a bill to expand Social Security benefits to millions of Americans, with President Biden expected to sign it into law.

09/29/2024

09/21/2024

is here and the October 15 extension deadline is quickly approaching. If you have everything you need to file, carve out the time to file now - you can file any time before the deadline. https://ow.ly/1Ykx50TqTWb

12/14/2023

Beginning on Jan. 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

67 cents per mile driven for business use, up 1.5 cents from 2023.
21 cents per mile driven for medical or moving purposes for qualified active-duty members of the Armed Forces, a decrease of 1 cent from 2023.
14 cents per mile driven in service of charitable organizations; the rate is set by statute and remains unchanged from 2023.
These rates apply to electric and hybrid-electric automobiles as well as gasoline and diesel-powered vehicles.

https://www.irs.gov/newsroom/irs-issues-standard-mileage-rates-for-2024-mileage-rate-increases-to-67-cents-a-mile-up-1-point-5-cents-from-2023 #:~:text=Beginning%20on%20Jan.%201%2C%202024,up%201.5%20cents%20from%202023.

11/22/2023

https://www.irs.gov/newsroom/irs-announces-delay-in-form-1099-k-reporting-threshold-for-third-party-platform-payments-in-2023-plans-for-a-threshold-of-5000-for-2024-to-phase-in-implementation

IR-2023-221, Nov. 21, 2023 — Following feedback from taxpayers, tax professionals and payment processors and to reduce taxpayer confusion, the Internal Revenue Service today released Notice 2023-74 announcing a delay of the new $600 Form 1099-K reporting threshold for third party settlement organi...