Riverside Accounting Inc

05/13/2026

PSA - This is for 2025 State of Michigan income tax returns with a balance due.

If your 2025 MI return had a balance due that included penalty and interest and you received a check, or multiple checks, from MI for the amount of the penalty and interest, DO NOT cash the check(s). These checks were sent in error. If you cashed it/them, you'll receive a letter at some point asking for it back. You'll need to send the money back.

Feel free to reach out if you have any questions.

05/04/2026

We would like to extend a HUGE thank you shout-out to the crews at Grand Ledge Paving LLC for the work they did on our brand new parking lot. They did amazing work.

04/21/2026

NEW IRS ONLINE FEATURE :
A new feature in Individual Online Account lets taxpayers opt in to receive email notifications when there’s an update to their refund status. Taxpayers still have the option to check their refund status without signing in with Where’s my Refund?

04/15/2026

The first Quarterly Tax payments of 2026 are due today.

04/10/2026

The CP53E is a document informing you that you are required to provide direct deposit information to the IRS in order to get your refund.

03/10/2026

As we approach the end of the tax season, please be aware that filing an extension grants you until October 15, 2026, to submit your return.

However, it is critical to note that an extension applies only to the filing deadline, not the payment deadline. Any taxes owed will begin to accrue interest starting April 15, 2026

To avoid a late filing, penalty be sure to file an return or request an extension by April 15, even if you can’t pay the full amount owed. See: www.irs.gov/extensions

03/05/2026

Did you know the IRS officially recognizes a Taxpayer Bill of Rights (TBOR)? These ten fundamental rights ensure you are treated fairly, professionally, and with accountability whenever you interact with the IRS

02/20/2026

Very helpful information for all to be aware of. Especially during the income tax filing season.

If you've seen this flyer near ATMs around the Metro Detroit area and even across the state, you've come across FBI Detroit's and our local law enforcement partners' coordinated effort to warn the public about cryptocurrency ATM scams. Criminals are increasingly exploiting these machines and the people who use them to steal money.

The campaign's goal is to help individuals identify indicators of potential fraud and take the appropriate steps to protect themselves from victimization. To learn more about crytocurrency fraud, visit https://www.fbi.gov/how-we-can-help-you/victim-services/national-crimes-and-victim-resources/cryptocurrency-investment-fraud

02/13/2026

Many of us are now receiving the tax documents we need to file our tax return. If you sold or disposed of digital assets using a broker, you might receive a new Form 1099-DA. Most of these statements will not include the basis for digital asset transactions in 2025 and you'll have to calculate the basis on your own to determine your gain or loss.

Don't forget: You must report any related income, gains, or losses, on your tax return, whether you receive a Form 1099-DA or not.

For more important reminders about digital assets, visit https://ow.ly/fpkE50Y7Gpc.

02/03/2026

INCOME TAX REMINDER:

By law, the IRS must wait until at least Feb. 21, 2026, to issue refunds to taxpayers who claim the Earned Income Tax Credit. Taxpayers can check Where’s My Refund for their personalized refund date.

Any refund that involves the Earned Income Tax Credit SHOULD start depositing in bank accounts the first week of March 2026.

01/15/2026

**UPDATE** Phone systems have been restored. We are able to take calls now as of 10:00**

Our office phone lines are currently down due to an unknown issue. We are working to get them back up and running as soon as possible. Internet and email is still working, if you need something please try and email for the time being.