In accordance with Executive Order 14247, Modernizing Payments To and From America’s Bank Account, signed on March 25, 2025, the U.S. Department of the Treasury, in coordination with the Internal Revenue Service and other federal agencies, is advancing the transition to fully electronic federal payments. This policy shift includes phase out of paper tax refund checksContinue reading “Expect long delays on refunds by check.”
Category Archives: Uncategorized
2025 Questionnaire now available
The 2025 Questionnaire is now available to download and complete before dropping off your tax return. Accurate information is important to completing a correct return and avoiding overpaying taxes and penalties. You can find the form here.
One Big Beautiful Bill Information
From time-to-time we need to provide our clients with important tax legislation that could impact their yearly federal income taxes. One such piece of tax legislation is the recent passage of the “One Big Beautiful Bill” (OBBB) signed into law on July 4, 2025, containing over 800 pages. We’ve received many questions about the effectsContinue reading “One Big Beautiful Bill Information”
FinCEN removes BOI filing requirements for US Companies and Persons
Consistent with the U.S. Department of the Treasury’s March 2, 2025 announcement, the Financial Crimes Enforcement Network (FinCEN) is issuing an interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) to FinCEN under the Corporate Transparency Act. https://www.fincen.gov/news/news-releases/fincen-removes-beneficial-ownership-reporting-requirements-us-companies-and-us
2024 Filing season
Filing season is about to kick off! We have an updated Questionnaire if you want to fill it out before dropping returns off. We also often get asked “What do I need to bring for my tax return?” which is difficult question to answer with any kind of brevity. To assist you you’ll find aContinue reading “2024 Filing season”
Federal Government Appeal Reinstates Dec 31 Deadline to File BOI Report
December 23, 2024 – 4:30 pm ET – The federal government’s appeal of the Texas U.S. District Court ruling that had declared the Corporate Transparency Act unconstitutional and alleviated businesses fom having to file the Beneficial Ownership Information Report (BOIR) has been reversed by the U.S. 5th Circuit Court of Appeals with a stay onContinue reading “Federal Government Appeal Reinstates Dec 31 Deadline to File BOI Report”
Client Portal Test
We’re testing out a secure client portal system from our tax software provider over the next two weeks. If you would like to try it out let us know and we’ll get you set up! The portal allows you to securely send and receive files to and from our office as well as send messages to us. ThanksContinue reading “Client Portal Test”
2023 1040 Questionnaire Available
The 2023 Questionnaire is now available. You can download this fillable PDF to drop off with your tax information to avoid having to stand at the window and fill one out. Page 2 is there for you provide any additional information that might be relevant. We hope you all had a happy and blessed New Year.
1099 Information sheet available
We now have available an information sheet that you can use to provide information required for filing your 1099s to us. A fillable version is available here. There is also a print version here. We are requesting your information be provided by Jan 15, 2024, to allow for time to file and avoid penalties.
2022 Questionnaire
Our 2022 Individual Income Tax Questionnaire is now available here. If you would like to fill it out ahead of time before dropping off your tax papers it will save you having to fill one out at that time.
Adams, Moore, and Adams, LLC. 