1st Action Tax & Advisory

05/20/2026

🚨 NEW TAX UPDATE FOR PARENTS & FUTURE GENERATIONS 🚨

The IRS released proposed regulations last week regarding the new “Trump Accounts” — officially referred to as MAGA Accounts — a new type of children’s investment account designed to help families build long-term wealth for kids. 👶💰

Here’s what we know so far:

✔️ Eligible children born between Jan. 1, 2025 – Dec. 31, 2028 may receive a $1,000 government seed deposit
✔️ Parents, relatives, and even employers may contribute up to $5,000 annually
✔️ Funds can reportedly be invested into U.S.-listed stocks, bonds, and approved index funds
✔️ Structure appears to resemble a hybrid between a Roth IRA and a 529 plan

⚠️ IMPORTANT:
These are currently PROPOSED regulations — meaning final rules regarding distributions, penalties, withdrawals, and long-term tax treatment are still being developed.

However, one thing is certain:
Parents and business owners are going to start asking questions… and planning ahead now could matter later.

This could become a major future planning tool for families looking to build generational wealth and teach financial literacy early.

As additional guidance is released, staying informed will be critical. Always review new tax programs carefully before making financial decisions.

📍Need help navigating tax planning strategies for your family or business?

Contact
📞 210-888-7500

05/01/2026

🤩It’s not too early to start planning for next year: Check withholding now

Even though the tax filing deadline for tax year 2025 passed a couple weeks ago, it’s not too early to start planning for next filing season. Planning now can help avoid surprises next year. One action that can be taken is checking for proper tax withholding.

-What is withholding?
Taxpayers need to pay their tax as they receive their income, and they do this through withholding. For employees, “withholding” refers to the federal income tax portion of each paycheck that an employer takes out for tax purposes. It can also be the amount from earnings self-employed people and others voluntarily set aside to pay their estimated taxes.

-How taxpayers can check their withholding
The IRS Tax Withholding Estimator is a free, easy-to-use tool that helps workers and retirees estimate the amount of federal income tax to withhold from their paychecks now for the taxes they will owe next year.

The estimator reflects the changes to credits and deductions under the One, Big, Beautiful Bill. This includes the deductions for tips, overtime, car loan interest and enhanced deduction for seniors. It also accounts for updates tied to family-related credits, homeownership, and charitable giving.

-What are the benefits of using the IRS Tax Withholding Estimator?
By using the estimator, taxpayers can manage their estimates based on any personal life change, such as buying a home, changing jobs, having a child or changing their marital status.

For people who recently completed their 2025 tax return, the IRS a-dvises using the IRS Tax Withholding Estimator to consider all income sources such as full-time wages, side jobs and any sale of services or goods.

By adjusting tax withholding, taxpayers can:

Prevent owing money and potential penalties at tax time
Adjust withholding to increase take-home pay instead of waiting for a refund

-What else taxpayers need
For an effective tax withholding estimate, taxpayers will need certain documents including:

*All income statements, including their spouse’s if filing jointly
*Data from other sources of earnings
*Their most recent income tax return

More information

Publication 505, Tax Withholding and Estimated Tax
Tax Withholding Estimator FAQs (resources - IRS Tax Tip) irs.gov

Pay your taxes. Get your refund status. Find IRS forms and answers to tax questions. We help you understand and meet your federal tax responsibilities.

02/24/2026

START OR GROW YOUR BUSINESS

March 2026 Trainings

Business Tax Fundamentals - Webinar via Zoom

Date: 03/05/20026

Time: 10:00 AM - 11:00 AM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42716



The Confident Entrepreneur: Managing Self-Doubt Without Waiting for Confidence - Webinar via Zoom

Date: 03/05/2026

Time: 12:00 PM - 1:00 PM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/43118



Unleashing the Power of Entrepreneurship in the Disability Community - Webinar via Zoom

Date: 03/05/2026

Time: 3:00 PM - 4:00 PM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/43120



Neurodiversity in Entrepreneurship – Celebrating Strengths for Success - Webinar via Zoom

Date: 03/06/2026

Time: 1:00 PM - 2:00 PM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42974



Business Boost – Connect & Network at the UTSA SBDC - In-Person Only Event

Date: 03/09/2026

Time: 11:00 AM - 2:00 PM (CDT)

Location: UTSA Downtown Campus, Durango Building, Room 2.316, 501 W. Cesar E. Chavez Blvd., San Antonio TX 78207-4415

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42986



Building a Brand That Feels Like You- Webinar via Zoom

Date: 03/10/2026

Time: 09:00 AM - 10:00 AM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42760



Busting Myths to Small Business Financing - Webinar via Zoom

Date: 03/10/2026

Time: 10:00 AM - 12:00 PM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/43291



Your Logo Format - Webinar via Zoom

Date: 03/11/2026

Time: 10:00 AM - 11:00 AM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42965



How to Fund Your Business in This Changing Economy - Webinar via Zoom

Date: 03/11/2026

Time: 12:00 PM - 1:00 PM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42667



Commercial Insurance 101 - Webinar via Zoom

Date: 03/12/2026

Time: 11:00 AM - 12:00 PM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42746



Marketing Magic: How to Make Messages Stick - Webinar via Zoom

Date: 03/13/2026

Time: 10:00 AM - 11:30 AM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42703



Designing a Website Around Your Customer’s Journey- Webinar via Zoom

Date: 03/17/2026

Time: 9:00 AM - 10:00 AM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42761



Business Cooperatives - Webinar via Zoom

Date: 03/17/2026

Time: 11:00 AM - 12:30 PM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42971



Business Owner Exit Planning: Start With The End in Mind- Webinar via Zoom

Date: 03/18/2026

Time: 1:00 PM - 2:00 PM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42721



Start Smart - Webinar via Zoom

Date: 03/19/2026

Time: 10:00 AM - 12:00 PM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42969



Business Plan Overview- Webinar via Zoom

Date: 03/24/2026

Time: 10:00 AM – 11:00 AM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42964



Start Smart - Webinar via Zoom

Date: 03/24/2026

Time: 12:00 PM - 2:00 PM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/43169



The NeuroPerformance Edge: The Neuroscience of Productivity & Profitability- Webinar via Zoom

Date: 03/25/2026

Time: 10:00 AM - 11:30 AM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42704



Bookkeeping Basics - Webinar via Zoom – 2 Day Course – 3/25/2026, 3/26/2026

Date: 03/25/2026, 3/26/2026

Time: 6:00 PM - 8:00 PM (CDT)

Fee: $100 per registrant

Register: https://utsa.ecenterdirect.com/events/43004



Asset Protection- Webinar via Zoom

Date: 03/26/2026

Time: 10:00 AM - 11:00 AM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42715



Turning Green into Gold: Smart Franchise Investments - Webinar via Zoom

Date: 03/26/2026

Time: 12:00 PM - 1:00 PM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42670



Plan It to Grow It: How Strategy Turns Content into Results - Webinar via Zoom

Date: 03/31/2026

Time: 9:00 AM - 10:00 AM (CDT)

No fee to attend

Register: https://utsa.ecenterdirect.com/events/42762

02/07/2026

If you worked overtime, listen up—this new deduction comes with a few twists and turns 🧩👇
⏱️ Overtime Deduction = More Complex Than It Sounds
Not all employers report overtime the same way:
Some separately list overtime on your W-2
Others roll it into regular wages (plot twist!)
Because of this, year-end pay statements are often required to correctly identify overtime pay.
🧮 Here’s the key detail most people miss:
Only the “half” portion of time-and-a-half pay is deductible
➡️ That’s about one-third of your total overtime pay, not all of it.
📝 This deduction is reported on Schedule 1A (new IRS form)
⚠️ Accuracy matters. A LOT.
Incorrect reporting can mean lost deductions—or bigger problems later.

01/27/2026

💪Celebrating 13 years of business on Facebook 🎉

🙏Thank you from the bottom of my heart to our valued clients, loyal supporters, family, and friends for your continued trust and support throughout the years.

👉This journey truly would not have been possible without you.

❤️Every like, share, referral, message, and word of encouragement has meant more than you know. You’ve helped build more than a business — you’ve helped build a community, and for that, my family and I are deeply grateful.

🎉Here’s to 13 years of growth, impact, and success — and many more ahead.

Feel free to tag yourself. Let's celebrate together! 🌹✨

For those clients that have been with me since the McDonald's wifi parking lot moments of 2011, I have something special for you!

01/26/2026

🎙Call or come by: Monday-Friday

👉Saturday and Sunday By Appointment only

🚨8645 Broadway ste 123 San Antonio TX 78217

💲Tax Returns Already Being Approved!

(210) 888-7500

01/22/2026

🚨🎙🚨
The IRS doesn't initiate contact via phone, text or social media to demand immediate payment.

01/22/2026

Tax Tip 🚗💡
If you bought a vehicle in 2025, make sure you tell your tax advisor.

Depending on how the vehicle is used (business, self-employed, rideshare, or qualifying clean-energy vehicles), you may be eligible for deductions or tax credits.

✔ You’ll need:
The VIN
Purchase details
Loan information (if applicable)

💰 These tax benefits can help reduce your tax liability or increase your refund, depending on eligibility.
Have questions or need your return done?

👉We've got you covered.

💪Your Certified Tax Advisor

👑

8546 Broadway Ste 123, San Antonio TX 78217

01/05/2026

Due to unforeseen challenges with our office/work environment on WEST AVE, we have relocated.

🏛NEW OFFICE LOCATION
8546 Broadway ste 123 San Antonio TX 78217. (210) 888-7500

Cash Advance Available up to $9,500.

❗️PLEASE SHARE !
....WE ARE IN FULL BUSINESS OPERATIONS.

MON - SUN 8am to 8pm
🖋Appointment Required

🙏Thank you in advance,
✨️Lizé Estrada-Herrera, TAX ADVISOR

07/02/2025

Moving Office Location.

Location: TBD

We are available virtually via Zoom or phone calls.

Business resumes as usual.
Monday thru Thursday. 10am to 5pm

Closed Friday, Saturday and Sunday.