Action Financial Services

Action Financial Services Action Financial Services is committed to precise tax filing and outstanding customer service. Mobile tax service at your convenience!

Pick up, drop off, your home or my office....and you get the most money back...FAST!!

05/18/2026

CREDIT TIP 🚨 Your credit score could increase by 50 - 100 points in the next 30 days if you call Equifax, Experian, and Transunion and tell them this… ⬇️

05/15/2026

A lot of tax preparers are being taught how to prepare returns but not how to protect their business. Compliance is just as important as tax knowledge. If you want longevity in this industry, learn both.

05/12/2026

🚨 BIG CHANGES ARE HERE FOR THE IRS ENROLLED AGENT (EA) EXAM IN 2026 🚨

The IRS has officially announced major updates to the EA examination process — including a new testing provider, updated testing options, and a new exam timeline.

If you’re serious about building a strong future in the tax industry, NOW is the time to prepare and position yourself ahead of the competition. 💼🔥

✅ New Testing Provider: PSI Services
✅ Registration Reopened: May 1, 2026
✅ Testing Begins: July 2026
✅ Remote Online Testing Available
✅ 3-Part EA Exam Structure
✅ PTIN Required Before Scheduling

💡 Why Become an Enrolled Agent?
An EA is one of the highest credentials awarded by the IRS, giving you the authority to represent taxpayers nationwide before the IRS.

This is your opportunity to:
✔ Grow your tax business
✔ Increase your income potential
✔ Build credibility in the financial industry
✔ Offer higher-level tax services year-round

📌 Key Reminder:
All 3 exam parts must be passed within the 3-year rolling window.

The tax industry is evolving — make sure YOU evolve with it. 🚀

05/09/2026

Tax pros lose money in three places nobody talks about:
• Charging less than your value because you're scared they'll leave
• Not raising prices on existing clients out of guilt
• Doing free "quick consultations" that turn into 2-hour calls
Your time is the product.
Your knowledge is the product.
Your standard is the product.
Stop giving the product away for free and wondering why your bank account doesn't match your effort.

05/06/2026

Why most tax pros stay stuck at 50k–100k.

1. They only make money during tax season. A lot of tax pros shut down mentally after April. No marketing, no offers, no strategy for the off season. If all your income depends on 4 months, your business will stay limited.

2. They never build systems. Everything depends on them. No workflows, no automation, no structure. So instead of running a business, they become trapped working inside of one.

3. They don’t focus on visibility. Being good at taxes is not enough anymore. The tax pros growing fast are visible online, building trust, creating content, and staying top of mind year round.

4. They are scared to invest. Some tax pros want 6 and 7 figure results with a free mindset. No mentorship, no marketing budget, no team, no education. Growth requires investment.

5. They try to do everything alone. Trying to answer every call, prepare every return, market, onboard clients, and run the office by yourself will slow your growth. You cannot scale without leverage.

6. They don’t follow up. A lot of money is lost because tax pros fail to follow up with leads, past clients, and interested people. The fortune is in the follow up.

7. They focus only on tax preparation. The tax industry is bigger than filing returns. The highest earners usually have additional revenue streams like consulting, bookkeeping, training, digital products, business services, or team preparation.

8. They lack confidence and ex*****on. Some people know enough to win already, but they overthink, hesitate, and never fully go all in. The tax pros growing fast are action takers.

9. They are not operating like real business owners. Some tax pros have businesses with no policies, no processes, no branding, and no financial goals. You cannot build a 7 figure business casually.

The truth is, most tax pros don’t stay stuck because there’s no money in the industry.

They stay stuck because they never shift from being a preparer to becoming a CEO.

05/05/2026

The Schedule C return that gets MOST preparers caught by the IRS:

It's not the missing receipts.
It's not the inflated mileage.

It's the MISSING EIN.

Here's what happens:

Client says: "I'm a sole proprietor, just put my SSN on it."

Preparer files Schedule C with SSN — no EIN.

Client makes $80K. Reports $80K cash. Preparer feels safe.

Two years later → IRS pulls the file → notices NO EIN → flags for examination.

WHY?

Because IRS data systems cross-reference EINs to merchant accounts, 1099-K issuers, and payment platforms.

NO EIN = the client can't be properly tracked = audit trigger.

The fix:
✅ Schedule C clients $50K+ → require they apply for EIN before you file
✅ 1099-K clients of any income level → EIN strongly recommended
✅ Document the conversation in your file note: "Discussed EIN requirement — client agrees/declines"

Save this. Reference it. Protect your EFIN. 👑

05/04/2026

Credit tip y’all not gonna like 💳🔥

Paying your credit card off to $0 is NOT always the move.

If everything reports $0… the bureaus can read that like you’re not using credit at all.

Best play?
Let 1–9% report, then pay it off.

Example:
$1,000 limit → let $10–$90 report

Zero looks safe… low utilization looks strong.

Stop thinking “no balance = good credit”
It’s HOW you use it that builds your score.

If you didn’t know this… you’re leaving points on the table. 👀

05/01/2026

Your credit score is not just about paying bills.

It’s also about:
✅ utilization
✅ payment history
✅ account age
✅ inquiries
✅ credit mix

Credit is strategy, not luck.

04/07/2026

Tax Pros Pay Attention

The IRS just expanded the Business Tax Account and this is something you need to know for your clients and your own business.

The platform is now available to:
Partnerships
Tax-exempt organizations
Federal, state, and local governments
Indian tribal governments

Before, it was only for sole proprietors, S corps, and C corps. Now more of your clients can access their tax information online without relying on you for every simple request.

What your clients can now do inside their account
View balances and payment history
Make payments
Download IRS notices
Access transcripts
Request compliance checks
Verify business information on file

Why this matters for you as a tax pro
Your clients have more direct access, so you need to educate them on how to use it properly
This can cut down on unnecessary back and forth for simple requests
You still need to stay in position as the expert and guide them on what they are looking at

The IRS is continuing to move toward digital systems and your clients are going to expect you to know how it works.
Make sure you stay ahead and not behind on these updates.

03/15/2026

🚨 IRS LETTER 12C EXPLAINED 🚨

If you received a 12C letter from the IRS this means your return is on hold ⏸️ until the IRS gets more information from you. This letter is VERY common this tax season and it does NOT mean you are in trouble, but it WILL delay your refund if you don’t respond.

📩 What Letter 12C means
The IRS cannot finish processing your tax return because something is missing or does not match their records.

📌 Common reasons you get a 12C letter
📄 Missing W2 or 1099 income
🧾 Missing Form 1095-A for Marketplace insurance
👨‍👩‍👧‍👦 Credits claimed that need proof
💰 Income not matching IRS database
🪪 Identity or verification documents needed
✍🏽 Signature or forms missing

⚠️ What happens if you ignore it
Your refund will NOT be released
Your return will stay on hold
Processing can take weeks or even months
The IRS will not finish your return until you respond

✅ What you should do
Read the letter carefully
Send exactly what the IRS asked for
Respond as soon as possible
Keep copies of everything you send

💡 Tax season changes every year and the IRS is reviewing more returns than ever.
If your paperwork is not complete, your refund WILL get delayed.

Stay informed so your money doesn’t get stuck at the IRS 💯💰📚

02/28/2026

🚨📄 IRS TRANSCRIPT BREAKDOWN 📄🚨

If you pull a Account Transcript and the bottom shows:

➡️ “Return Not Present For This Account” 🚫
➡️ “No tax return filed” ❌
➡️ Completely blank Transactions section 📭

Here’s what that means technically 👇🏽

As of the date the transcript was generated 📅, no return has posted to that tax year’s account module in the IRS system 💻

When the IRS processes and posts a return, it creates:

📌 TC 150 Return Filed
📌 A Cycle Code
📌 A Processing Date

That’s the official posting of the return.

If you see:
❌ No TC 150
❌ No cycle code
❌ No processing date
❌ No transaction codes at all

Then nothing has posted for that tax year. Period. 📊

Transcripts are historical records 📚 they only show what has already been recorded in Master File.

If a return had posted, even if later reviewed or adjusted, you would still see TC 150 first.

No TC 150 = no posted return on that module 🧾❌

Address

2600 S. Parker Road 5-153
East Aurora, CO
80014

Telephone

(303) 261-7779

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