Tag Archives: 2026.Tax.Season

Have a Form 1099-DA? Your Return Will Likely Cost More to Prepare this Year

Posted on February 17, 2026 by Russ

Mid-February is when brokerage firms issue Forms 1099-B to their customers noting brokerage sales.  New for the 2025 tax year is Form 1099-DA, “Digital Asset Proceeds from Broker Transactions” (aka cryptocurrency disposals).  Many of our clients have begun to receive … Continue reading →

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Why This Tax Season Is Likely to be Slow and Agonizing for All

Posted on January 29, 2026 by Russ

Matt Metras, a fellow tax professional, shared a chart on X (formerly Twitter) noting IRS personnel cuts by function between January 25, 2025 and December 18, 2025: I’ll take just three areas that I regularly deal with: Taxpayer Advocate Service … Continue reading →

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

Posted on January 8, 2026 by Russ

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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About That List of Occupations Eligible for “No Tax on Tips…”

Posted on September 5, 2025 by Russ

You may have seen a list of occupations that are eligible for the One Big Beautiful Bill’s “No Tax on Tips” provision.  And perhaps your occupation is on that list, and you’re thinking, “Wonderful! My taxable income is going down!”  … Continue reading →

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IRS Closes Cincinnati Lockboxes; New Addresses In Effect Immediately

Posted on August 24, 2025 by Russ

Last week, the IRS released Publication 3891.  This publication lists out where to mail paper-filed returns and payments for the 2026 tax year.  Currently, Nevadans mail many IRS payments to addresses in Cincinnati, but not anymore.  Spidell reports that the … Continue reading →

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I’m Tipsy on Overtime

Posted on August 8, 2025 by Russ

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?

Posted on August 3, 2025 by Russ

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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