Ethics Tax and Financial Services

01/29/2026

It’s important to note that the 2025 filing season is still subject to the existing $600 threshold.

Forms issued in January 2026 will report payments made during the 2025 tax year.

Some business owners may assume the higher threshold applies right away, but the new limit only applies to payments made on or after January 1, 2026.

Using the wrong threshold for 2025 could lead to missed filings or potential penalties.

Failure to file on time can result in penalties ranging from $60 to $660 per form.

Stay organized, compliant, and confident with our year-round bookkeeping and tax support.

Book a call to make sure your books are truly tax ready.

01/28/2026

for 2026:

- If you’re currently a sole proprietor, you may benefit from incorporating for added liability protection or potential tax savings

- Business owners may want to explore electing S Corp status to help reduce self employment taxes

- Partnerships should be reviewed if ownership, income, or long term goals changed in 2025

- Recent tax law updates have solidified long term QBI benefits, and your entity choice can impact whether you qualify

- Entity elections have early filing deadlines, so waiting too long could limit your options

Making the right decision now can have a big impact on taxes, compliance, and cash flow in the year ahead.

Before making any changes, it’s important to consult with your tax accountant so you understand how a new structure would affect your numbers and reporting.

Book a call to learn more!

01/26/2026

This year is especially important, as recent changes may impact federal taxes, credits, and deductions.

Here are a few things you can do now to stay ahead:

- Log in to or create your IRS online account to view tax records, make payments, access notices, and manage your information securely

- Start gathering and organizing your tax records so nothing is missed and filing delays are avoided

- Watch for important income documents like W2s and 1099s, including income from side work, gig platforms, digital assets, unemployment, and refund interest

Getting organized early helps ensure a smoother filing process, fewer errors, and less stress overall.

Follow for more reminders and tips to make running your business easier in 2026.

01/23/2026

The IRS is urging taxpayers to begin preparing early for the upcoming 2026 tax season (covering the 2025 earnings period) due to significant, wide-ranging changes from new legislation, specifically the "One Big Beautiful Bill".

Getting a head start now gives you time to:

- Understand how new deductions or limits may apply to you
- Gather all your key documents like W 2s, 1099s, and receipts
- Adjust estimated tax payments if your income changed during the year
- Talk with a trusted tax professional

Follow for more reminders and tips to make running your business easier.www.ethicstaxes.com

01/21/2026

We’re here to support you if you need help getting things cleaned up and set up the right way.

That could mean starting fresh in your accounting software, catching up on past months, or putting a simple system in place that helps you stay consistent all year long.

With our year-round bookkeeping support, you can stay organized, compliant, and confident in your numbers.

Book a call to learn more.

01/19/2026

Here’s what to check at the start of the year:

- Bank and credit card balances match your actual statements

- Outstanding invoices and bills are carried over correctly

- Loan and credit balances are accurate

- Owner or equity balances reflect last year’s activity

If you’re unsure whether your opening balances are correct or want help reviewing them, book a call, and let’s make sure everything starts off right.www.ethicstaxes.com

01/15/2026

4th quarter payments are due tomorrow.

Estimated tax payments for the fourth quarter of 2025 are due by January 15. If you expect to owe tax of $1,000 or more, you may need to make an estimated tax payment. You can pay online, by phone or from your mobile device. It's easy to use your Online Account to make an estimated tax payment.

Make your payment today at http://www.irs.gov/estimatedtaxes.

01/08/2026

The 2026 filing season will beginning on Monday, January 26, 2026.

With several new tax laws in placed that could effect your taxes, credits, and deductions.

Choose a tax professional that's there to ethically help you this tax season and year round.

01/03/2026

The 2026 tax season is here and we’re ready to support you with all your tax and bookkeeping needs, year-round.

Contact us today to schedule a Discovery Call.

12/24/2025

🖋️ Notaries are you tax-ready?
Many notary expenses are deductible, but only if you track them properly throughout the year.
📩 I share simple tax prep tips for notary public professionals in my newsletter.
💬 Comment “NEWSLETTER” below to get access!

12/14/2025

Do you have a thorough understanding of your business's financial performance?

10/21/2025

💼 Professional Reminder Post
📅 Quarter 3 Payroll Taxes are Due October 31!
If you have employees, it’s time to file your Form 941 and submit your Q3 payroll tax payments. Staying compliant helps you avoid penalties and keeps your business running smoothly.

Need help filing or reviewing your payroll records? Let’s make sure everything is accurate before the deadline.