Gatlin Tax, Ltd.

03/21/2026

https://www.msn.com/en-us/money/taxes/tax-trap-5-common-deductions-that-are-now-red-flags-for-a-2026-irs-audit/ar-AA1YZh3n?ocid=hpmsn&cvid=69bdccb18f9242f2b127802a9cd89f1c&ei=50

Every year, millions of Americans file their taxes hoping to get the most out of their deductions - and every year, some of them end up triggering exactly the kind of scrutiny they were trying to avoid. The IRS is not simply waiting around.It has sophisticated automated tools, a growing enforcement....

02/16/2026

https://www.msn.com/en-us/money/taxes/tax-deadlines-accidentally-got-turned-off-for-three-years-now-what/ar-AA1Wroky

Attorneys race to file refund claims after IRS loses court case.

02/07/2026

https://www.msn.com/en-us/money/personalfinance/popular-tax-deductions-that-the-irs-is-getting-rid-of-in-2026/ss-AA1VOfYV?ocid=msedgntp&pc=LCTS&cvid=69875c58b3f34942b6c411dd0a1b18d3&ei=55 =1

The 2026 tax year will see many changes including the disappearance of several familiar tax credits.

01/30/2026

https://abitos.com/usps-postmark-rule-update-key-tax-filing-considerations/?utm_source=chatgpt.com

01/30/2026

https://www.msn.com/en-us/money/taxes/taxpayers-issued-warning-for-2026-irs-filing-season/ar-AA1VfxjV?ocid=winp2fptaskbar&cvid=697bb5f38cad45d9b4093abcc5238b6e&ei=39

The National Taxpayer Advocate has warned that the "landscape is markedly different" for tax filers in 2026.

01/22/2026

https://www.msn.com/en-us/video/money/13-tax-deductions-you-can-claim-without-itemizing-in-2026/vi-AA1Uviy5?ocid=finance-verthp-feeds

From student loan interest to retirement contributions, here are 13 above-the-line deductions that could lower your taxable income in 2026.

01/20/2026

https://www.newsweek.com/irs-announces-change-tax-deductions-11364783

Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.

01/20/2026

01/04/2026

How the IRS sees Venmo activity

1. Via information reporting (Form 1099-K)

Venmo (owned by PayPal) is required to report business-related payments to the IRS under IRC §6050W.

Current federal rule (as of now):

A Form 1099-K is issued only if:

Gross payments exceed $20,000 AND

More than 200 transactions in a year

(The widely discussed $600 threshold has been delayed at the federal level, though some states already use lower thresholds.)

If a 1099-K is issued:

Venmo sends it to you

Venmo also sends it to the Internal Revenue Service

The IRS computer system matches it against your return

01/02/2026

https://tax.thomsonreuters.com/blog/breaking-down-the-obbbas-social-security-tax-deduction/

The One Big Beautiful Bill Act (OBBBA) set in motion a new tax break that could shift how seniors file their 2025 returns and plan for retirement.

11/19/2025

https://www.business.com/articles/hire-accountant-for-taxes/

CPAs cost $150-450 per hour and should be hired at business startup if affordable. They stay current on tax laws and make fewer errors than doing it yourself.