Category Archives: Tax Preparation

The Two-Page Schedule A

Yesterday, I picked up a copy of the very first income tax form: the 1913 Form 1040.  It’s four pages (including instructions).  We’re going to display it in our office. Back in 2018 (during the first Trump Administration), the IRS … Continue reading

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2025 Wage & Income Transcripts Finally (Mostly) Available

One of the tools tax professionals (and savvy taxpayers) use are IRS Wage & Income Transcripts.  These show the items that the IRS has on file: things like W-2s, W-2Gs, K-1s, and 1099s.  Normally, these are available around Memorial Day … Continue reading

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Bozo Tax Tip #2: Use a Bozo Tax Professional

The IRS recently highlighted that taxpayers should choose tax professionals wisely; I agree.  I’ve had this as a Bozo Tax Tip in the past, but a new client highlighted this issue for me.  In the previous iteration of this “tip,” … Continue reading

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When Will 2026 Tax Season Open? It’s Official: Monday, January 26th

Earlier this week, the IRS announced that business tax return efiling will open next week (this came out in an email).  No date has been given yet for individual (personal) tax returns, but I now expect it to open the … Continue reading

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I’m Tipsy on Overtime

The IRS issued a press release yesterday: The Internal Revenue Service today announced that, as part of its phased implementation of the One Big Beautiful Bill Act, there will be no changes to certain information returns or withholding tables for … Continue reading

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A February 17th Start to Tax Filing Next Year?

Yes, we’re looking at a late start to Tax Season next year.  New IRS Commissioner Billy Long said at the recent National Association of Enrolled Agents (NAEA) annual meeting (per a friend’s email–I did not attend) that the IRS expects … Continue reading

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Today Is Tax Day

Today is April 15th.  Besides being the 14th anniversary of “Black Friday,” it’s Tax Day in the US. If you haven’t filed your returns, file an extension NOW!  That said, if you live in a federal disaster zone it might … Continue reading

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Bozo Tax Tip #4: Use a Bozo Accountant

Here’s another Bozo Tax Tip that keeps coming around. The problem is, the Bozos don’t change their stripes. In any case, here are some signs your accountant might be a Bozo: – He’s never met a deduction that doesn’t fit … Continue reading

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A Phish A Day…

Phishing is something tax professionals see daily.  We have antivirus and malware protection installed throughout our network and on all workstations, but I still see a phishing email a day.  Here’s one: There are a number of clues that this … Continue reading

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Bozo Tax Tip #1: Use a Bozo Tax Professional!

The IRS recently highlighted that taxpayers should choose tax professionals wisely; I agree.  I’ve had this as a Bozo Tax Tip in the past, but a new client highlighted this issue for me.  In the previous iteration of this “tip,” … Continue reading

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