01/24/2026
š¢ Important IRS Update ā 2026 Tax Season
Dear Clients,
As we prepare for the 2026 tax season, we want to ensure you have the most important IRS updates and deadlines:
1. Filing Season Start: The IRS will begin accepting 2025 tax returns on January 29, 2026.
2. Key Deadlines:
ā¢ Individual Tax Returns (Form 1040): April 15, 2026
ā¢ Extension Requests (Form 4868): October 15, 2026
3. Child Tax Credit (CTC): Under the PATH Act, the refundable portion of the CTC requires a minimum earned income of $2,500.
4. IRS Direct Deposit: To ensure timely refunds, double-check that your bank account information is correct.
5. Common IRS Updates for 2026:
ā¢ Standard deduction increases for inflation
ā¢ Updated contribution limits for IRAs and 401(k) plans
ā¢ New income thresholds for certain tax credits
Tips for a Smooth Tax Season:
ā¢ Gather all income statements (W-2s, 1099s) early
ā¢ Keep track of deductions, medical expenses, and education credits
ā¢ Verify Social Security numbers and dependent information
Iām ready to assist you with your 2025 tax return and help you maximize your benefits while staying fully compliant with IRS rules.
Contact me to schedule your appointment and avoid last-minute delays.
Thank you for trusting me for your tax needs!
