Jamie M Daniel & Associates Inc

05/25/2026

Today we honor the courage, sacrifice, and legacy of our fallen heroes.

As we gather with family and friends this Memorial Day, may we never forget those who gave their lives in service to our country. 🇺🇸

Happy Memorial Day from our family to yours!

04/15/2026

Happy Tax Day!

04/10/2026

03/15/2026

Happy corporate tax day!
The deadline will technically roll to 3/16/2026 since it falls on a weekend.

01/23/2026

Email is back up - but - any emails were sent to me during the outage, it probably did not & will not deliver. Outage was approximately 1/22/2026 10:20AM - 1/23/2026 2:30 AM

01/22/2026

We have no email service since 1/22/2026 10:20AM. My ISP says:
"Microsoft Office 365 Email Degraded Accessibility
Investigating - We are aware of connectivity issues with Microsoft 365 services impacting customers' ability to access and use Office 365 services. We are investigating the issue with Microsoft to return service to normal as soon as possible."

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01/09/2026

The Internal Revenue Service (IRS) has announced in IR-2026-02 that they will begin accepting and processing 2025 individual tax returns on January 26, 2026.

When the IRS starts processing returns, acknowledgment times may be slower than normal due to a high number of submissions.

The IRS will begin accepting business returns on January 13, 2026, at 9 a.m. (ET).

The IRS will begin accepting 1041, 1120-H, and 709 returns on January 18, 2026.

The 2026 Individual filing season deadline is April 15, 2026.

01/07/2026

Tax Organizers will start to be uploaded through the next few days for previous year clients.

As always, please email me at [email protected] to let me know when you upload documents.

New for Tax year 2025: Bring your end of year pay stub if you earned Tips or Overtime!!

The organizer is not mandatory. If you find that it helps you to gather the required documents, please use it. Otherwise just make sure you upload or bring the same documents with you.

Thank you!

01/07/2026

Notice 2025-69 provides guidance for taxpayers who are eligible for the federal income tax deduction for qualified overtime compensation (the "no tax on overtime" provision of the new tax bill).

For 2025, employers are not required to separately report or account for qualified overtime compensation on the Form W-2 that is provided to an employee (however, employers may provide this information in a statement, or use Form W-2, Box 14 to provide details).

The deduction:

is up to $12,500 (single) or $25,000 (married filing jointly).

can be claimed by both itemizing and non-itemizing taxpayers..

is not available for taxpayers who file Married Filing Separately (MFS).

is subject to a MAGI phase-out starting at $150,000 ($300,000 MFJ).

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01/07/2026

Notice 2025-69 provides guidance for taxpayers who are eligible for the federal income tax deduction for qualified tips (the "no tax on tips" provision discussed in section 70201 of the new tax bill).

For 2025, employers and payors are not required to separately report or account for qualified tips on the Form W-2, 1099-NEC, 1099-MISC, or 1099-K that is provided (however, employers/payors may provide this information in a statement).

Qualified tips must:

be cash or charged tips received in an occupation that customarily and regularly received tips before 12/31/2024.

See the proposed rule document that discusses occupations that customarily and regularly received tips.

be voluntary, not negotiated or required in advance, and determined by the payor.

Mandatory service charges or automatic gratuities added by a business do not qualify.

not be received in the course of a trade or business that is a specified service trade or business (SSTB).

The deduction:

is up to $25,000 (per return).

can be claimed by both itemizing and non-itemizing taxpayers.

is not available for taxpayers who file Married Filing Separately (MFS).

is subject to a MAGI phase-out starting at $150,000 ($300,000 MFJ).

Send a message to learn more

01/07/2026

Executive Order 14247 mandates the transition to electronic payments and phases out disbursements by paper-check. In accordance with this order, the IRS began phasing out paper-checks on September 30, 2025. See the news alert IR-2025-94 for details.

The IRS provides several options for taxpayers at IRS.gov/modernpayments.

Send a message to learn more