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Flash Tax LLC

We take the confusion out of tax preparation and bookkeeping for individuals and businesses.

For thorough, affordable, and confidential Tax and Accounting services, don't hesitate to call us today for great financial advice.

01/08/2026

📬 Important Tax Filing Update: New USPS Postmark Rules

If you mail tax returns, payments, or extensions, this is something you need to know.

As of December 24, 2025, the U.S. Postal Service clarified how postmark dates are determined. A postmark now reflects the date your mail is processed by USPS, not necessarily the date you dropped it in a mailbox.

👉 Why does this matter?
For tax filings, the IRS relies on the postmark date to determine whether something was filed on time. That means a return mailed on the deadline could still be considered late if it isn’t processed until the next day.

💡 How to protect yourself:
✔️ Mail time-sensitive tax documents early
✔️ Go inside the post office and request a hand-canceled postmark
✔️ Use Certified Mail or get a dated receipt
✔️ When possible, e-file to eliminate postmark risk entirely

📌 Bottom line: Mailing something on the deadline may no longer be enough. A little planning now can help you avoid penalties, interest, and unnecessary stress later.

Have questions about mailing a return, extension, or payment? The FlashTax team is here to help. 💼📄

12/08/2025

Big Changes Coming for Charitable Gift Deductions — Here’s What You Need to Know

The 2025 Tax Act is shaking up how charitable giving works, especially starting in 2026. Giving is still one of the most powerful tax-efficient strategies available — but now when and how you give matters more than ever.

Here’s a simple breakdown:

🔹 New 0.5% AGI Threshold (Starting 2026)

Beginning in 2026, your charitable gifts only become deductible after they exceed 0.5% of your Adjusted Gross Income (AGI).

Example:
If your AGI is $2,000,000, the first $10,000 you donate each year won’t be deductible.

👉 Why 2025 is important: This threshold does not apply yet — every dollar donated in 2025 is still fully deductible.

🔹 Strategy 1: Consider Giving More in 2025

If you normally give smaller amounts each year, you may want to “front-load” those gifts into 2025 to take advantage of current rules.

🔹 Strategy 2: Bundle Gifts for Bigger Deductions

Under the new rules, giving larger amounts less often may unlock more deductions.

Example:
A donor giving $20K per year for five years ($100K total) gets no deduction in any year if that amount doesn’t exceed the threshold.
But giving $100K in a single year?
➡️ Deductible amount jumps to $80K.
Timing matters!

🔹 Strategy 3: Avoid Large Gifts in High-Income (“Windfall”) Years

High-income years = higher threshold = smaller deduction.

If you sell a business or get a major bonus, donating a big lump sum that same year may result in little or no deduction. Giving the same amount the next year could be far more tax-efficient.

🔹 Other Key Changes

• High earners will see itemized deduction benefits capped at the 35% bracket (starting 2026).
• Non-itemizers can deduct up to $1,000 (single) or $2,000 (married) in cash gifts.
• The 60% AGI limit for cash gifts to public charities is now permanent.

❤️ Bottom Line

The value of charitable giving isn’t going away — but the strategy behind it is changing. A little planning now can significantly increase the tax benefits your generosity provides.

Thinking about how these rules affect you? Want help deciding whether to front-load or bundle gifts?

📩 Send me a message anytime — happy to walk you through it.

Address

1930 Route 70 E, Unit H-44
Cherry Hill, NJ
08003

Opening Hours

Monday	10am - 5pm
Tuesday	10am - 5pm
Wednesday	10am - 5pm
Thursday	10am - 5pm
Friday	10am - 4pm

Telephone

(856) 335-3234

Website

http://www.flashtaxnj.com/

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