Andrea R. Hill, CPA, AAC

05/26/2026

DO NOT CLICK ON THAT LINK!!!

The IRS does not email you about your refunds.

If you receive a letter from the IRS with a QR code on it, that's a scam as well.

Be extra diligent people, scammers are getting more sophisticated and ruthless.

04/29/2026

If I had a nickel for every call/email/text I had to respond to because of an error on the IRS's part I could retire tomorrow!

As of late April 2026, many taxpayers are receiving "CP53"" or "CP53E"" notices indicating a refund is being sent, even if they actually owe money or had their overpayment applied to next year's taxes. This is largely due to an IRS system glitch or a push to move to direct deposit rather than check.

Key Information About These Letters:

Glitch or Misunderstanding: Taxpayers who owed or had zeroed out their balance are receiving these letters stating the IRS is "unable to process" their refund, requesting banking information to direct deposit the overpayment.

What to Do: Do not immediately trust letters demanding urgent action via links. The IRS sends official correspondence by mail, never via email or text.

Verify via Official Channels: Verify the notice by logging directly into your personal account at IRS.gov to see if you actually have an overpayment or a balance due.

Scam Warning: Scammers are using this confusion. Genuine IRS correspondence will not ask for payments via gift cards or pre-paid cards.

Official IRS Notice Types (2026):

CP53/CP53E: Typically sent when a direct deposit is sent, but in this case, it may be issued erroneously.

Letter 725-B: Sent if a revenue officer needs to set up a visit.

CP56: Also related to overpayments.

If the notice seems legitimate but contradicts your tax records, use the official IRS number to contact them to verify. DO NOT SCAN THE QR CODE ON THE LETTER.

04/22/2026

To all of those who help the rest of us keep the wheels on the bus..... Thank you!!!!

04/05/2026

From all of us at Andrea R. Hill, CPA, An Accountancy Corporation.

03/10/2026

I am so excited for this event! See my story for the link to buy tickets, sponsorships and more.

Limited seating.

Come help .leaders.in.business raise money for the Bakersfield Pregnancy Center and have some fun while doing it!!

We will also be accepting gently used baby clothes, gear and items, diapers, wipes etc to put together goodie baskets for families and new mothers.

🎲🎲🎲🎲🍼👶👶🍼❤️❤️❤️

03/08/2026

Don't forget to spring forward tonight.

For us it's just another hour of daylight we miss because we are working. 😂😉

39 days and counting in case anyone was wondering!!!

⌛️

01/05/2026

The IRS has released the 2026 standard mileage rates:

*BUSINESS MILEAGE 72.5 cents per mile

*Qualified MEDICAL MILEAGE 20.5 cents per mile (this is down from the prior year)

*CHARITABLE MILES 14.0 cents per mile.

12/23/2025

I feel like this year the buzz word was ROTH conversion.

This article explains when and when NOT to convert your traditional IRA to a ROTH IRA in terms that are easy for the taxpayer to understand.

Roth conversions should never be done on a whim — they're a product of careful timing and long-term tax considerations. So how can you tell whether to go ahead?

12/18/2025

Our 2025 Holiday Hours.

10/31/2025

CALpers peeps....

The California Public Employees’ Retirement System (CalPERS) committed $468 million to the Clean Energy & Technology Fund (CETF), a private equity investment initiated in 2007 as part of its portfolio diversification strategy. As of March 31, 2025, the fund's value stood at approximately $138 million, reflecting a 71% decline or a loss exceeding $330 million. Private equity firms involved received at least $22 million in fees and costs. CalPERS noted that the fund was overseen by prior leadership and that current management prioritizes diversification and risk management. Private equity investments generally involve higher fees and less transparency than public assets, which can influence returns in sectors like clean energy. This outcome affects public employees' retirement funds and has prompted discussions on investment approaches in public pension management.