Carolyn D Thompson CPA LLC

05/14/2026

https://www.journalofaccountancy.com/news/2026/may/taxpayers-advised-they-can-ignore-cp53e-notice-after-verifying-error/?utm_campaign=20260514&utm_source=facebook&utm_medium=social&fbclid=IwY2xjawRzG5xleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeOKmpb0RU3IIuWZWIvu68HXOXGNqJIW-YMAFKBEUQpS3JWQK-E8tVh50SfHg_aem_5MB0559F95s57cZZaDu9lQ

The IRS’s sending of about 1.4 million CP53E notices sparked concerns about errors and fraud. A release from the Taxpayer Advocate Service urged taxpayers to verify their accounts directly on IRS.gov.

04/22/2026

Our office will be changing to spring/summer hours. Monday- Thursday 9-3.
We will be open through the lunch hour.

03/08/2026

You know that extra hour you were gifted on November 2? Bad news: You have to give it back.

01/26/2026

01/26/2026

An IRS fact sheet explains when overtime compensation qualifies for the H.R. 1 deduction and how Fair Labor Standards Act rules apply, including for federal employees.

01/02/2026

The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 72.5 cents per mile driven, up 2.5 cents from 2025.

12/31/2025

https://www.msn.com/en-us/money/taxes/trump-admin-rolls-out-big-beautiful-bill-s-health-savings-accounts-that-lower-taxable-income-earn-interest/ar-AA1Tm9ig?ocid=msedgntp&pc=U531&cvid=69553ddc5a5040a88173546e17e4dc0a&ei=13

The Trump administration released new details on Health Savings Accounts following the passage of the "Big Beautiful Bill." The new law expands the share of people who can start tax-free Health Savings Accounts, also known as HSAs, according to a Dec. 9 release from the Treasury Department and the I...

12/31/2025

Our office will be closed New Years day and Friday January 2. Monday January 5 we will return to tax season hours, 8-5 Monday through Friday. Happy New Year to all.

12/11/2025

https://www.msn.com/en-us/money/personalfinance/irs-announces-changes-that-will-impact-your-taxes-this-year-and-next/ar-AA1SaKSt?ocid=msedgntp&pc=U531&cvid=693b357f005a4771a5ed7a91e1738901&ei=9

The IRS just announced major tax changes for 2025 and 2026. Learn how new deductions, brackets, and credits could impact your refund and help you keep more cash.

12/04/2025

The and Treasury issued updated guidance on how to claim a deduction for tips or overtime compensation for tax year 2025. : Make sure your clients are aware and ready for filing season. https://ow.ly/4EfN50XxBll