Toro’s Accounting LLC

08/11/2026

🚗 **IRS Mileage Rate Update – Effective July 1, 2026**

The IRS has increased the standard mileage rate for the second half of 2026 due to rising fuel costs.

✅ **Business:** **76¢ per mile**

If you use your personal vehicle for business, be sure to keep accurate mileage records to maximize your tax deduction.

Send a message to learn more

07/01/2026

Key Tax Dates to Keep in Mind:

1. September 15, 2026 - Extended Partnerships and S-Corp Returns Due

2. September 15, 2026 - Third Quarter 2026 Estimates Due

3. October 15, 2026 - Extended Individual Returns Due

01/11/2026

Quick reminder as the year starts: if you use your vehicle for business, this is a great time to begin tracking your mileage—don’t wait until December to guess your miles 😅
Best practice is to track business trips consistently and include date + miles + destination + purpose. Easy habit now = smoother tax time later. ✅

01/02/2026

Fechas Clave
• 15 de enero – Pagos estimados (4.º trimestre)
• 31 de enero – 1099 y nómina
• 15 de marzo – S-Corp y Partnerships
• 15 de abril – Impuestos individuales
• 15 de mayo – Organizaciones exentas (nonprofits/iglesias)

01/02/2026

Key Dates to Remember:

January 15 – Fourth-quarter estimated tax payments
January 31 – 1099 filings and payroll filings
March 15 – S-Corporation and Partnership tax returns
April 15 – Individual tax returns
May 15 – Exempt organization tax returns (nonprofits/churches)

12/17/2025

As we approach the end of the year, this is a good time to:
- Make any planned business purchases
- Ensure mileage and expenses are up to date
- Gather receipts and tax documents
- Prepare contractor information for upcoming 1099s

Taking care of these items now can help avoid delays during tax season.

Send a message to learn more

11/27/2025

Thank you to our clients and associates for your continued support. We’re grateful for you. Happy Thanksgiving!

10/16/2025

We’re honored to be part of this impactful event focused on inspiring and supporting the next generation of leaders in our community.

https://www.facebook.com/share/p/19ewHU295W/

🙌 almost here

06/16/2025

Happy father days to all our dads out there!
Feliz día del padre para todos los padres!

Toro’s Accounting.

05/30/2025

Thinking about remodeling your bath or kitchen? 🏡 Call my friend at Total Design Homes—trusted expertise, beautiful results! 📞

Favorite Remodel from last year! This was a dark kitchen and it needed this amazing facelift!