Margaritas Taxes

03/07/2026

IRS UPDATE ON ELIMINATING MAILED PAPER CHECKS REIMBURSEMENTS AND CONVERTING TO DIRECT DEPOSIT
-----------------------------------------------------------------
ACTUALIZACIÓN DEL IRS SOBRE LA ELIMINACIÓN DE LOS REEMBOLSOS DE CHEQUES EN PAPEL ENVIADOS POR CORREO Y LA CONVERSIÓN A DEPÓSITO DIRECTO

It has come to my attention that the IRS is no longer issuing paper checks, they have converted to electronic deposits only. If you fall into this category, you will be notified by either letter form or when you check your status online about this change. You will need to create a profile account on IRS.gov and put in banking information in order to receive your refund. I have provided the link in case you need for information regarding the change.

Title: Modernizing payments to and from America’s bank account.

“In accordance with Executive Order 14247, Modernizing Payments To and From America's Bank Account, signed on March 25, 2025, the U.S. Department of the Treasury, in coordination with the Internal Revenue Service and other federal agencies, is advancing the transition to fully electronic federal payments. This policy shift includes phase out of paper tax refund checks beginning Sept. 30, 2025, to the extent permitted by law.
The purposes of EO 14247 are to defend against financial fraud and improper payments, increase efficiency, reduce costs, and enhance the security of federal payments. Paper checks are over 16 times more likely to be lost, stolen, altered, or delayed than electronic payments. Direct deposit also avoids the possibility that a refund check could be returned to the IRS as undeliverable.
No changes are being made to the process of filing a tax return itself. Taxpayers will continue to file as usual, but refund delivery methods will shift to align with the executive order. The IRS will publish all guidance and information necessary for filing 2025 taxes before opening the 2026 tax filing season.”
---------------------------------------------------------

Titulo: Modernización de los pagos hacia y desde la cuenta bancaria de Estados Unidos.

Me he enterado de que el IRS ya no emite cheques en papel, sino que ha convertido a depósitos electrónicos únicamente. Si perteneces a esta categoría, serás notificado mediante carta o cuando consultes tu estado online sobre este cambio. Tendrás que crear una cuenta de perfil en IRS.gov e introducir información bancaria para recibir tu reembolso. He proporcionado el enlace por si necesitas información sobre el cambio.

Modernizing payments to and from America’s bank account | Internal Revenue Service

“De acuerdo con la Orden Ejecutiva 14247, Modernización de los Pagos hacia y Desde la Cuenta Bancaria de América, firmada el 25 de marzo de 2025, el Departamento del Tesoro de EE. UU., en coordinación con el Servicio de Impuestos Internos y otras agencias federales, está avanzando en la transición hacia pagos federales completamente electrónicos. Este cambio de política incluye la eliminación progresiva de los cheques de devolución de impuestos en papel a partir del 30 de septiembre de 2025, en la medida permitida por la ley.
Los propósitos de la EO 14247 son defenderse contra fraudes financieros y pagos indebidos, aumentar la eficiencia, reducir costes y mejorar la seguridad de los pagos federales. Los cheques en papel tienen más de 16 veces más probabilidades de perderse, ser robados, alterados o retrasados que los pagos electrónicos. El depósito directo también evita la posibilidad de que un cheque de reembolso pueda ser devuelto al IRS como no entregable.
No se están haciendo cambios en el proceso de presentación de la declaración de la renta en sí. Los contribuyentes seguirán presentando la declaración como de costumbre, pero los métodos de entrega de reembolsos cambiarán para alinearse con la orden ejecutiva. El IRS publicará toda la orientación e información necesarias para presentar los impuestos de 2025 antes de abrir la temporada de declaración de impuestos de 2026.”

https://www.irs.gov/newsroom/modernizing-payments-to-and-from-americas-bank-account

Executive Order 14247 establishes a government-wide directive to transition to the use of electronic transfers for disbursing federal payments and collecting funds owed to the government.

03/05/2026

Such a beautiful gesture from the Perez family, thank you so much for the beautiful plant. 🌺 🌷

02/07/2026

If you have questions about the new One, Big, Beautiful Bill, you can find answers in places like IRS.gov/help, IRS.gov/ITA, Publication 17 and more. Take advantage of these tools to learn more about how these changes could affect tax return filing. https://ow.ly/MEQB50XWbF6

02/07/2026

IRS UPDATE

If you claimed the Earned Income Tax Credit or the Additional Child Tax Credit and are wondering where your refund is, don’t panic. You can expect to get your refund by March 3 if:

• You filed your return online
• You chose to get your refund by direct deposit
• We found no issues with your return

However, some taxpayers may see their refunds a few days earlier. Check Where’s My Refund for your personalized refund date. Visit here for more info: www.irs.gov/refundtiming

02/06/2026

‼️‼️‼️‼️UPDATE FOR THOSE OF YOU THAT CLAIMED EARNED INCOME TAX CREDIT (EITC) OR ADDITIONAL CHILD TAX CREDIT(ACTC) & ARE NOW EXPECTING YOUR REFUNDS, IRS HAS MOVED DISPURSEMENTS DATES STARTING NO EARLIER THAN MARCH 2ND 2026 ❗️❗️❗️❗️❗️❗️

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/when-to-expect-your-refund-if-you-claimed-the-earned-income-tax-credit-or-additional-child-tax-credit

The IRS has updated that refunds for tax preparers that claimed the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) will not receive refunds until March 2, 2026. I have attached the link for those of you that would like to read the details. It's also saying that the online "Where's my refund?" tool that is designed to help you track you refund will start updating everyone around Feb. 21st. I hope this update helps.

MARGARITAS TAXES

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

01/13/2026

The tax year 2025 has officially started and I wanted to start off by wishing all my family and friends a very Happy New Year.

I wanted to remind all of my clients of a couple announcements that are important as you all begin to start preparing to do your taxes.

For those of you that have dependents I am going to need you to bring your dependents social security card, birth certificate, and a demographic printout from your child's school/daycare. I also accept the 1095B which is the annual medical statement everyone gets in January. These requirements are going to be required every year in order to proof residency and relationship for all dependents as it is requested by the IRS. If you have a dependent that has not started school/daycare you can get a demographic printout from your child's pediatrician. It must include the child's name, physical address matching the same address that will be on the return and naming you as legal parent/guardian.
For those of you that have Covered California you will be required to bring in a 1095-A (no exceptions) since it is required to file the return. Without this 1095-A your tax return will not be accepted by the IRS thus delaying your tax refund. If for reason you do receive a 1095-A and you have Covered California, you can contact them at 1(877)592-2364 or 1(800)300-1506. If you are an Arizona resident, you can contact 1(800)318-2596.
If you are a new client, I will need all the above documents if they pertain to you, as well as your previous year's tax return, an ID, all w2's/1099's, and banking information.
Office Hours will be 9-5pm.
I am currently taking appointments on a first come first serve basis. I am doing email, drop-offs, in-person, and over the phone appointments. Call the office at (760)922-6883 and let my assistant know what appointment you need and we will go over availability with you.

We are here to assist you, so if you have any questions do not hesitate to call the office so my assistant can help you.

Margaritas Taxes