Tax Wise Financial Services, LLC

01/12/2026

Key Dates for the 2026 Tax Season

January 13, 2026, at 9am ET the IRS will begin accepting most business tax returns for the 2025 tax filing year.

January 26, 2026: The official start of the personal tax return 2026 tax season. The IRS will begin processing all individual 2025 tax returns submitted electronically or by mail. The IRS strongly recommends electronic filing and electronic payment to the IRS.

THE IRS IS ONLY ISSUING REFUNDS VIA ELECTRONIC DEPOSITS INTO A CHECKING OR SAVINGS ACCOUNT STARTING 9/30/2025. (Mandate: The shift to electronic payments was mandated by Executive Order 14247, signed in March 2025, which requires all federal agencies to cease issuing paper checks (to the extent permitted by law) to improve security, speed, and efficiency.)

January 31, 2026: The deadline for employers and financial institutions to furnish Forms W-2, 1099s, and other information returns to taxpayers.

March 16, 2026, as March 15 falls on a Sunday. Pass-through entities (Partnerships and S Corporations)

April 15, 2026. C Corporations: The general deadline for calendar-year filers is April 15, 2026.

April 15, 2026: The deadline for most taxpayers to file their federal income tax returns and pay any taxes owed.

Extensions: An extension to file (usually six months) can be requested using Form 7004,
BUT THIS DOES NOT EXTEEND THE TIME TO PAY THE TAX A TAXPAYER OWES THE IRS.
Payments must still be made by the original due date to avoid penalties and interest.

September 15, 2026: The deadline for those who requested an extension to file their completed Form 1120-S Corporate or Form 1065 Partnership/Multi-Member LLC tax returns.

October 15, 2026: The deadline for those who requested an extension to file their completed return (note: payment of taxes owed was still due by April 15).

10/09/2025

09/30/2025

The has assessed more than $162 million in penalties over false tax credit claims linked to fraudulent tax advice promoted on social media.

Read the agency’s alert: https://ow.ly/kbSS50WTrjw

09/24/2025

Paper checks are over 16 times more likely to be lost, stolen, altered, or delayed than electronic payments. By Transitioning into electronic tax refunds, the is helping taxpayers stay safe. See: https://ow.ly/KHvu50X1sAr

07/09/2025

Changes to Charitable Contributions

Starting in 2026, taxpayers can claim a separate deduction of up to $2,000 MFJ ($1,000 for all other filers) for cash gifts, provided they are not made to a private foundation or donor advised fund.

07/09/2025

CNBC's Robert Frank reports on the tax changes for charitable giving.

04/29/2025

The doesn’t initiate contact with taxpayers by email, text message or through social media to request personal or financial information. Don’t reply or open any links. Report these scams to the IRS for your : www.irs.gov/phishing

02/04/2025

When you're expecting a tax refund, the first question that comes to mind is, "When will it come?" Your filing situation affects when you receive your refund. If you claimed certain credits, the law prevents the from releasing your refund before mid-February. Some filers may receive their refund as early as March 3.

Find out when you can expect your refund and how to track it at https://www.irs.gov/refundtiming.

02/04/2025

Find out when to expect your refund if you claim the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC).

01/23/2025

IRS Tax Tip 2025-07: The Taxpayer Bill of Rights: Fundamental protection for all taxpayers Internal Revenue Service (IRS) sent this bulletin at 01/22/2025 10:00 AM EST IRS Tax Tips Jan. 22, 2025 Useful Links: IRS.gov Help For Hurricane Victims News Essentials What's Hot News Releases IRS - The Basic...

01/13/2025

Get an Identity Protection PIN (IP PIN) to protect your tax account.

01/13/2025

IR-2025-08, Jan. 10, 2025 — The Internal Revenue Service today announced that the nation’s 2025 tax season will start on Monday, Jan. 27, 2025, and will feature expanded and enhanced tools to help taxpayers as a result of the agency’s historic modernization efforts.