G3 Payroll, Tax & Accounting LLC

04/02/2026

We’re proud to support our local youth athletes! ⚾️🐾

The 10U Carlington Hit Dogs are a young, competitive team raising funds for their 2026 tournament season, and we’re excited to help them reach their goal. These kids play hard, compete at a high level, and represent our community the right way.

If you’re a business owner looking to give back while gaining local exposure, consider becoming a sponsor. It’s a great opportunity to support youth sports and connect with families in the area.

Check out the flyer for sponsorship details, and feel free to reach out if you’re interested in getting involved.

Let’s come together and support these young athletes! 💙🧡

01/24/2026

📣 We’re on TikTok! 📣

We’re going to start posting short, helpful tax & accounting tips to help you stay informed, save money, and avoid surprises 👀💰

If you like practical advice explained in plain English, go give us a follow on TikTok and keep an eye out for new videos coming soon!

👉 Follow us on TikTok

.payroll.tax.ac 2 Followers, 0 Following, 1 Likes - Watch awesome short videos created by G3 Payroll, Tax & Accounting

01/21/2026

📢 E-Filing Opens Monday, January 26! 📢

The IRS officially opens electronic filing on Monday, January 26, which means it’s time to get your tax return prepared and ready to file 💻✅

Appointments are now open at G3 Payroll, Tax & Accounting LLC. Getting started early helps avoid delays, reduce stress, and get your refund as quickly as possible.

📞 Call or text: 313-771-4900
📧 Email: [email protected]

Secure your appointment today and let us handle the numbers so you don’t have to.

01/16/2026

April 15th is the deadline to file your 2025 tax return. If you’re not ready, you can file a 6-month extension, which gives you until October 15 to submit the paperwork.

⚠️ Important: An extension is only for filing, not for paying. Any taxes owed are still due by April 15 to avoid penalties and interest.

✔️ File on time
✔️ Pay what you owe (or as much as possible) by April 15
✔️ Use an extension if you need more time to finalize your return

📞 Need help? Reach out to us now to get your taxes filed or to help with an extension and payment planning. We’re here to make the process as smooth and stress-free as possible.

01/15/2026

OBBB Update: How the Overtime Deduction Actually Works

The One Big Beautiful Bill (OBBB) includes a new deduction related to overtime pay, and there’s been a lot of misunderstanding about it. Here’s what it really does—and what it doesn’t do.

How the Overtime Deduction Works

When you work overtime, you’re typically paid 1.5× your regular hourly rate. Under the OBBB provision:
• Only the extra “overtime premium” portion is eligible for the deduction
• The regular pay portion is still fully taxable

Example:
• Regular rate: $20/hour
• Overtime rate: $30/hour
• Hours worked: 10 overtime hours

Breakdown:
• Regular pay portion: $20 × 10 = $200 → fully taxable
• Overtime premium portion: $10 × 10 = $100 → potentially deductible

In this example, $100 is the amount that may qualify for the overtime deduction.

Important Tax Details
• The deduction applies only to federal income tax
• Social Security and Medicare (F**A) taxes still apply
• Employers still report full wages on the W-2
• Payroll withholding does not change
• The benefit is realized when you file your tax return

Who Qualifies?

Eligibility depends on:
• Total income limits set by the law
• The amount of overtime earned during the year
• Whether the taxpayer otherwise qualifies for the deduction

This is a below-the-line deduction, meaning it reduces taxable income, not gross wages.

What This Means for Workers
• Your paycheck does not increase immediately
• The deduction may reduce your tax bill or increase your refund
• The value depends on your tax bracket (higher brackets = bigger benefit)

Bottom Line

Overtime pay is still taxed, but the premium portion may reduce your federal taxable income. This is a tax benefit—not a payroll change.

If you earn overtime regularly, this could have a meaningful impact on your annual tax bill—but only with proper planning.

01/12/2026

I got the chance to sit down with David Goad, Realtor and talk a little about tax and some general high level planning concepts. If you get a chance you should go take some time to listen to it.

https://youtu.be/LoifQEppKM4?feature=shared

Tax time can be a stressful time, especially for small business owners. If that is the case for you, reach out and I can help you navigate tax and see what strategies could be helpful you specifically.

11/04/2025

Tired of feeling buried in bookkeeping or unsure if you’re really saving all you can on taxes?

If you’re running a small business, we know how much time gets lost trying to stay organized while also keeping your finances in check.

That’s where we come in 👋

✅ We help small business owners anywhere in the U.S. streamline their bookkeeping, lower tax stress, and make smarter money decisions — all 100% virtually.

✅ No office visits. No stacks of paper. Just clear communication, accurate numbers, and peace of mind.

If you’re ready to:
📊 Get your books caught up
💰 Pay less in taxes (legally!)
🕒 Free up your time to focus on your business

…let’s talk. We offer free virtual consultations to see how I can help.

👉 Message us here or give us a call at (313) 771-4900.

10/06/2025

October 15th Filing Extension Deadlines

Taxpayers who requested an extension to file their 2024 federal income tax returns should do so by next Wednesday, October 15, 2025. The same deadline applies to C corporations that received an extension to file their 2024 corporate returns (Form 1120).

In addition, taxpayers with foreign financial accounts exceeding $10,000 at any point in 2024 who are required to file a Report of Foreign Bank and Financial Accounts (FBAR) should also do so by the extension deadline of October 15.

09/29/2025

IRS Issues New Warning About Tax Credit Scams

The IRS recently warned all Americans about the growing number of tax scams getting promoted on the internet and social media. Many of the scams involve fraudulently claiming tax credits like the Fuel Tax Credit and Sick and Family Leave Credit. In reality, the vast majority of people are not eligible for these credits, which can only be claimed by businesses and self-employed people under very specific circumstances.

The consequences of filing a return with improper credit claims may include denial of a refund, a $5,000 civil penalty, and additional tax penalties and interest charges. Over the last few years, IRS penalties assessed in connection with tax credit scams have totaled over $162 million.

Common traits of these scams include claims that "everyone qualifies" for a tax credit, promises of a rapid refund with little or no paperwork, advice to amend past tax returns by adding unusual credit claims, and encouragement to ignore or falsely respond to IRS notices. In reality, no one can determine whether you qualify for a tax credit without reviewing your circumstances. Anyone who says otherwise is almost certainly peddling a scam.

If you receive an IRS letter about a tax credit you claimed, or believe you may have been misled by one of these scams, seek guidance from a reliable source immediately such as a trusted tax professional.

09/22/2025

Work Opportunity Tax Credit Expiring at the End of 2025

The Work Opportunity Tax Credit (WOTC) provides a benefit for employers that hire people who have traditionally faced disadvantages when seeking work. However, the credit is only available through December 31, 2025.

To qualify for the WOTC, an employer must hire one or more individuals from a group specified in the rules for the credit. Those groups include:
- Qualified unemployed veterans (including veterans with disabilities)
- Recipients of public assistance like long-term unemployment, long-term family assistance, SNAP benefits, Supplemental Security payments or Temporary Assistance for Needy Families
- People who live in areas designated as empowerment zones or rural renewal counties
- People referred to vocational rehabilitation programs
- Formerly incarcerated people

The amount of the WOTC is generally based on wages paid to the qualifying worker, and you may claim the credit as part of the General Business Credit. Therefore, the credit is nonrefundable, but any unused credit may be carried forward or back under the usual rules. A business tax professional can help you determine whether your business qualifies for the WOTC, and if so, help you complete all the required paperwork to claim it before it expires.

09/15/2025

Quarterly Estimated Tax Payments - Reminder

If you are making quarterly estimated tax payments to the IRS, the due date for the June 1st - August 31st, 2025 quarter of year is today, September 15th, 2025.

For payments made using IRS Direct Pay, you can make payments until 11:45PM EST, and for payments using a credit or debit card, payments can be made up to midnight on the due date.