Master Plan Tax Solutions

03/19/2026

THIS is the year when being strategic with donations can trim down 𝘯𝘦𝘹𝘵 𝘺𝘦𝘢𝘳'𝘴 tax bill (as a result of new tax provisions passed 𝘭𝘢𝘴𝘵 𝘺𝘦𝘢𝘳).

If you want to start looking at those strategies now with your tax bill fresh on your mind, let's get something scheduled.

By Ally Orlando, Senior Copywriter at DonorPerfect The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, marks one of the most significant shifts to charitable giving rules in recent history. The new law affects how donors of all sizes approach their contributions, from small recu...

03/18/2026

𝗪𝗵𝗮𝘁 𝗵𝗮𝗽𝗽𝗲𝗻𝘀 𝗶𝗳 𝗜 𝗵𝗮𝘃𝗲𝗻’𝘁 𝗳𝗶𝗹𝗲𝗱 𝘁𝗮𝘅𝗲𝘀 𝗶𝗻 𝘆𝗲𝗮𝗿𝘀?
1. You keep racking up penalties and interest while the issue remains unresolved.

2. The IRS may eventually file for you using income documents they have on file.

3. Their Substitute Return usually gives you a higher tax bill because it doesn’t give you the benefit of many deductions, credits, expenses, or a better filing status.

Let's start knocking out those unfiled returns today and even revisit ones the IRS has filed on your behalf.

DM us to get that conversation started.

03/17/2026

Less than a month until the tax filing deadline. There's still plenty of time to file your return the RIGHT way... that gets you more tax savings and keeps you farther away from IRS trouble.

Don’t just take the convenience route, or procrastinate until the last minute. These are your finances at stake. Make the smart tax decisions now that will positively impact your life April 16th and the rest of the year.

03/16/2026

𝗛𝗼𝘄 𝗺𝘂𝗰𝗵 𝗱𝗼 𝗜 𝗵𝗮𝘃𝗲 𝘁𝗼 𝗺𝗮𝗸𝗲 𝘁𝗼 𝗳𝗶𝗹𝗲 𝘁𝗮𝘅𝗲𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝟮𝟬𝟮𝟱 𝘁𝗮𝘅 𝘆𝗲𝗮𝗿?

It depends on more than just how much you made. If your income was only from wages, you may not need to file if it was below the filing threshold.

But if you had self-employment or side hustle income, you may still need to file even at a much lower amount. In many cases, $400 or more of net self-employment income creates a filing requirement.

DM us if you want help figuring out whether you need to file.

03/13/2026

𝗗𝗼 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲 𝗮 𝘀𝘆𝘀𝘁𝗲𝗺 𝗳𝗼𝗿 𝘁𝗿𝗮𝗰𝗸𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝗽𝗲𝗿𝘀𝗼𝗻𝗮𝗹/𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗲𝘅𝗽𝗲𝗻𝘀𝗲𝘀?

Comment YES or NO below.
And if yes, share your tips and tricks.

03/12/2026

𝗖𝗮𝗻 𝘁𝗵𝗲 𝗜𝗥𝗦 𝗹𝗼𝗼𝗸 𝗮𝘁 𝗺𝘆 𝗽𝗿𝗶𝘃𝗮𝘁𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻?

According to the Taxpayer Bill of Rights #7 you have a right to privacy. That means the IRS cannot go digging into your private life (including your bank account details) without a clear legal reason tied to a specific tax issue.

The IRS has to show that any request for records is relevant to an actual investigation. They can’t look at your bank statements just because they’re curious.

So, if you’re being audited over a business deduction, Right #7 blocks an agent from demanding your personal credit card or bank statements just to see where you vacation or what restaurants you frequent… 𝘶𝘯𝘭𝘦𝘴𝘴 they first establish a reasonable indication of unreported income.

Without that link, the request is over the line.

03/11/2026

𝗛𝗼𝘄 𝗹𝗼𝗻𝗴 𝗱𝗼𝗲𝘀 𝗶𝘁 𝘁𝗮𝗸𝗲 𝘁𝗼 𝗿𝗲𝗰𝗲𝗶𝘃𝗲 𝗮 𝘁𝗮𝘅 𝗿𝗲𝗳𝘂𝗻𝗱?

Once your return is filed and accepted, the IRS typically processes refunds within 10 to 21 days. Historically, more than 9 out of 10 refunds are approved within 21 days of e-file acceptance.

But that estimate assumes a straightforward return. Certain factors can slow the process.

For example, if you claim credits like the Earned Income Tax Credit (EITC) or Child Tax Credit (CTC), your refund might get delayed by about a month. Federal law requires the IRS to hold those refunds temporarily while eligibility is verified.

And if you mail in a paper return instead of filing electronically, the process can take 6-8 weeks (or longer, depending on processing volume). This is simply because the IRS must manually enter the information into its system before processing begins.

03/10/2026

𝗬𝗼𝘂𝗿 𝗜-𝟵 𝗽𝗿𝗼𝗰𝗲𝘀𝘀 𝗺𝗮𝘆 𝗯𝗲 𝗲𝘅𝗽𝗼𝘀𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝘁𝗼 𝘂𝗻𝗻𝗲𝗰𝗲𝘀𝘀𝗮𝗿𝘆 𝗿𝗶𝘀𝗸.

A self-audit can help you identify missing forms, incomplete information, and process issues before they become expensive problems.

If your records were requested, would everything be complete, current, and easy to produce? Employers are expected to maintain Form I-9 records properly and be ready to provide them when requested.

𝗠𝗲𝘀𝘀𝗮𝗴𝗲 𝘂𝘀 𝗶𝗳 𝘆𝗼𝘂 𝘄𝗮𝗻𝘁 𝗵𝗲𝗹𝗽 𝗶𝗱𝗲𝗻𝘁𝗶𝗳𝘆𝗶𝗻𝗴 𝘄𝗲𝗮𝗸 𝘀𝗽𝗼𝘁𝘀 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝗽𝗿𝗼𝗰𝗲𝘀𝘀.

03/09/2026

𝗪𝗵𝗮𝘁’𝘀 𝗵𝗼𝗹𝗱𝗶𝗻𝗴 𝘆𝗼𝘂 𝗯𝗮𝗰𝗸 𝗳𝗿𝗼𝗺 𝗱𝗲𝗮𝗹𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝘆𝗼𝘂𝗿 𝗜𝗥𝗦 𝗼𝗯𝗹𝗶𝗴𝗮𝘁𝗶𝗼𝗻𝘀?

Be honest with yourself for a moment…

Tax season is already here, and if taxes (past or present) are hanging over your head, this is a good time to get them sorted out.

03/06/2026

𝗪𝗵𝗲𝗻 𝘀𝗵𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲 𝗮𝗻 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗻𝘁 𝗱𝗼 𝘆𝗼𝘂𝗿 𝘁𝗮𝘅𝗲𝘀?

It’s worth bringing in a professional if your situation includes things like:
• Starting a side hustle or becoming self-employed
• Buying or selling a home
• Owning rental property
• Receiving stock options or RSUs
• Trading cryptocurrency
• Living or working in more than one state
• Receiving trust or estate distributions
• Having multiple 1099s, K-1s, or investment accounts

At that point, your tax return stops being simple.

By filing on your own, you risk missing credits or deductions, overpaying the IRS, or getting penalties from filing mistakes.

And because a tax preparer's goal is planning and strategy, the savings they find often make their fee more than worth it.

If you're in any of the categories above, now is the time to get your return handled properly.