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Smith Services Over 21 years experience! Year Round Income Tax Preparation - All States Returns - Prior Year's Taxes Friendly, accurate and with quality service guaranteed.

Randall's Income Tax and Notary Service give's you service, the way it's meant to be. Service is our priority so when you're looking for a tax preparation firm, Randall's Taxes is the best choice. Randall's Taxes provides computerized income tax preparation service, electronic filing, audit assistance and free review of income tax returns.

10/16/2026

✅ FRIDAY TAX ANSWERS | October 16, 2026

🧾 5 OVERLOOKED TAX QUESTIONS — ANSWERED!

1️⃣ Can the IRS examine returns after 3 years?
✅ Yes. Certain situations allow a longer period, including some cases involving substantially omitted income. Fraudulent or unfiled returns may have no assessment time limit.

2️⃣ Is a CP2000 notice a final bill?
📬 No. It proposes changes based on mismatched information. Review it and respond by the deadline, whether you agree or disagree.

3️⃣ Can 24% backup withholding apply?
💰 Yes. It can apply to certain payments when required, including some cases involving an incorrect or missing taxpayer identification number.

4️⃣ Does an IRS audit mean you did something wrong?
🔍 No. An audit checks whether your return is accurate. Respond to IRS requests and provide the supporting documents requested.

5️⃣ Should you keep records after selling property?
🏠 Yes. Purchase costs, improvements, depreciation, and sale records may be needed to calculate your taxable gain or loss.

📌 TAX TAKEAWAY: Don’t ignore IRS notices, keep important records, and check the rules that apply to your specific situation.

🌐 Official IRS resources:
• How long to keep records
• Understanding CP2000 notices
• Backup withholding
• IRS audits

📲 DM us or click the link in bio to connect with a tax expert who can help you stay compliant and secure this season!

10/15/2026

❓ THURSDAY TAX QUESTIONS | October 15, 2026

🧾 5 OVERLOOKED TAX QUESTIONS YOU SHOULDN’T IGNORE!

Some tax mistakes don’t show up when you file—they appear months or even years later. 👀 Test your tax knowledge with these five important questions!

1️⃣ Can the IRS examine your tax return more than 3 years after you file it?
📂 Are there situations where the IRS has a longer time to assess additional tax?

2️⃣ If you receive an IRS CP2000 notice, should you automatically pay the proposed amount?
📬 Is this notice a final bill, or do you have a chance to review and respond?

3️⃣ Can a bank or business withhold 24% of certain payments you receive—even if you haven’t asked them to?
💰 What is backup withholding, and what can trigger it?

4️⃣ If your tax return is selected for an IRS audit, does that automatically mean you did something wrong?
🔍 Why might the IRS examine a return, and what should you do if it requests documents?

5️⃣ Should you keep records for property you’ve already sold?
🏠 Why might receipts and records from a past home or investment sale still matter for your taxes?

📌 YOUR TURN: Comment with your answers or tell us which question surprised you most!

📅 Save this post and come back tomorrow for Friday Tax Answers, when we’ll explain each one.

📲 DM us or click the link in bio to connect with a tax expert who can help you stay compliant and secure this season!

10/14/2026

📰 WEDNESDAY TAX NEWS | October 14, 2026

📢 5 IMPORTANT IRS UPDATES!

🔹 🏥 Premium Tax Credit: The IRS issued proposed regulations related to tax credits that help eligible taxpayers afford Marketplace health insurance.

🔹 🌎 International Tax Compliance: The IRS is partnering with the UK tax authority to support its new whistleblower program.

🔹 🔐 Cybersecurity Reminder: Protect tax information with strong passwords, multifactor authentication, updated devices, and scam awareness.

🔹 🤝 Free Tax Preparation: IRS VITA and TCE programs are seeking volunteers and community partners to help taxpayers during the upcoming filing season.

🔹 📱 New IRS Mobile App: Taxpayers can use the new app, which replaces IRS2Go, to access IRS tools and account services.

📌 TAX TAKEAWAY: Stay informed, protect your personal information, and check official IRS guidance before making tax decisions.

🌐 Visit: https://www.irs.gov/newsroom/news-releases-for-current-month

📲 DM us or click the link in bio to connect with a tax expert who can help you stay compliant and secure this season!

10/13/2026

💡 TUESDAY TAX TIPS | October 13, 2026

⚖️ KNOW YOUR TAX RIGHTS: FAIRNESS MATTERS!

Did you know the IRS recognizes your right to a fair and just tax system? Whether you're a taxpayer or a tax professional, understanding taxpayer rights can help you navigate tax matters with greater confidence.

The latest IRS Tax Tip, 2026-73, published October 7, highlights this important right under the Taxpayer Bill of Rights. 🇺🇸

💰 TAX TIPS FOR TAXPAYERS

✅ Know your rights: The IRS should consider relevant facts and circumstances that affect your tax obligations and ability to pay.

✅ Explore payment options: If you cannot pay your tax bill in full, you may qualify for an IRS payment plan or, in certain circumstances, an offer in compromise.

✅ Speak up when necessary: You can challenge an IRS position and provide supporting documents when you disagree.

✅ Seek help when needed: The Taxpayer Advocate Service may be able to assist if you're experiencing financial hardship or your tax issue hasn't been resolved through normal IRS channels.

👩‍💼 TAX TIPS FOR TAX PREPARERS

📌 Help clients understand their rights and responsibilities.

📌 Explain IRS notices and available options clearly.

📌 Maintain accurate records and supporting documentation.

📌 Stay informed about IRS guidance and refer clients to qualified assistance when appropriate.

🔎 TAX TAKEAWAY: Being informed is part of being prepared. Understanding your rights can help you make informed decisions, address tax issues, and find appropriate solutions.

🌐 Explore the official IRS resources:
https://www.irs.gov/newsroom/taxpayer-bill-of-rights-series-defining-the-right-to-a-fair-and-just-tax-system

📲 DM us or click the link in bio to connect with a tax expert who can help you stay compliant and secure this season!

💬 QUESTION: Did you know that taxpayers have the right to a fair and just tax system? Share this post to help others stay informed!

10/12/2026

🌟 MOTIVATIONAL MONDAY | October 12, 2026

💪 NEW WEEK. NEW GOALS. STRONGER TAX HABITS!

Success in the tax world doesn’t happen by accident. It comes from preparation, consistency, integrity, and the commitment to keep learning. Whether you prepare tax returns or file your own, every smart step you take today can make tomorrow easier! 🚀

👩‍💼 FOR TAX PREPARERS & TAX PROFESSIONALS

Your clients trust you with more than numbers — they trust you with important financial information.

✅ Keep learning about current IRS guidance and tax law updates.
🔐 Protect client information with strong passwords, multifactor authentication, and secure systems.
📚 Stay organized, maintain accurate records, and communicate clearly with clients.
🤝 Build trust through professionalism, accuracy, and ethical service.

Remember: Your knowledge builds confidence. Your integrity builds trust. Your preparation builds success.

💰 FOR TAXPAYERS

You don’t have to wait until tax season to take control of your taxes!

✅ Organize receipts, income documents, and important financial records.
📱 Use official IRS tools and resources to stay informed about your tax account.
🔒 Protect your personal information from scammers and identity thieves.
🗓️ Review your tax situation throughout the year so you can plan ahead and avoid unnecessary surprises.

Remember: Small steps taken today can help prevent big problems tomorrow!

📌 MONDAY MOTIVATION:
The IRS recently reminded taxpayers and tax professionals that cybersecurity should be a year-round habit. Make this week count by strengthening your knowledge, protecting sensitive information, and staying prepared.

🌐 Visit IRS.gov for official tax information, updates, and secure online tools.

✨ Your goal this week: Learn something new. Protect what matters. Take one step toward a stronger financial future.

📲 DM us or click the link in bio to connect with a tax expert who can help you stay compliant and secure this season!

💬 QUESTION OF THE DAY: What is one tax or financial goal you’re committed to accomplishing this week? Share it in the comments!

10/09/2026

✅ FRIDAY TAX ANSWERS | October 9, 2026

🧾 DID YOU KNOW? HERE ARE THE ANSWERS TO THURSDAY’S TAX QUESTIONS!

Let’s clear up five common tax questions that taxpayers often overlook. Save this post for future reference! 📌

1️⃣ How long should you keep your tax records?
📂 Generally, at least 3 years for records supporting a tax return, but some situations require longer. For example, certain unreported income can extend the IRS assessment period to 6 years. Keep property records until the applicable period expires for the year you dispose of the property. Employment tax records generally must be kept for at least 4 years.

2️⃣ Is an IRS CP2000 notice the same as a tax bill?
📬 No. A CP2000 notice proposes changes because information reported by employers, banks, or other third parties doesn’t match your return. Review it carefully and respond by the deadline—even if you disagree. Ignoring it can lead to further notices and a bill.

3️⃣ Is bank interest taxable if you don’t receive Form 1099-INT?
🏦 Generally, yes. You must report taxable interest even if you don’t receive a Form 1099-INT. Don’t overlook small amounts when preparing your return.

4️⃣ What is backup withholding?
💰 It’s federal income tax withheld from certain payments when required by the IRS. The current rate is generally 24%. It may apply if you don’t provide a correct taxpayer identification number or if you have certain underreported interest or dividend income.

5️⃣ What if you can’t pay your full tax bill by the deadline?
⏰ File your return on time anyway. Not being able to pay doesn’t remove your filing obligation. Pay what you can and explore IRS payment options. Interest and applicable penalties may continue until the balance is paid, so acting early matters.

📌 TAX TAKEAWAY: Keep your records, read IRS notices, report all taxable income, and don’t ignore a tax bill just because you can’t pay it in full.

📲 DM us or click the link in bio to connect with a tax expert who can help you stay compliant and secure this season!

10/08/2026

❓ THURSDAY TAX QUESTIONS | October 8, 2026

💡 5 TAX QUESTIONS YOU SHOULD KNOW THE ANSWERS TO!

Tax rules can be confusing, and overlooking a small detail can lead to unexpected notices, penalties, or missed opportunities. Let’s test your tax knowledge! 🧾

1️⃣ How long should you keep your tax records?
📂 Is keeping your documents for three years always enough?

2️⃣ Is an IRS CP2000 notice the same as a tax bill?
📬 What should you do if the IRS says your reported income doesn’t match its records?

3️⃣ Is interest earned from a bank account taxable even if you don’t receive Form 1099-INT?
🏦 Does a small amount of interest still matter?

4️⃣ What is backup withholding, and why might it apply to a payment you receive?
💰 Could an incorrect or missing taxpayer identification number affect your payment?

5️⃣ If you can’t pay your full tax bill by the deadline, should you still file your tax return?
⏰ What’s the difference between filing on time and paying on time?

📌 YOUR TURN: Comment with your answers — 1, 2, 3, 4, or 5 — and tell us which question you want explained first!

📅 Stay tuned for Friday Tax Answers to see how you did!

📲 DM us or click the link in bio to connect with a tax expert who can help you stay compliant and secure this season!

10/07/2026

📰 WEDNESDAY TAX NEWS | October 7, 2026

IRS UPDATE: WHAT TAXPAYERS & TAX PROFESSIONALS SHOULD KNOW

The IRS continues to roll out important updates affecting tax compliance, cybersecurity, taxpayer services, and enforcement. Here are this week’s key developments:

🔹 🌎 IRS & UK Strengthen Cross-Border Tax Enforcement
The IRS highlighted its partnership with the United Kingdom’s tax authority and its new whistleblower program. The collaboration aims to help identify serious international tax avoidance and evasion, including hidden foreign accounts, offshore assets, money laundering, and cross-border profit shifting.

🔹 🔐 Cybersecurity Remains a Year-Round Priority
The IRS is urging taxpayers, businesses, and tax professionals to strengthen their cybersecurity. Use strong, unique passwords, enable multifactor authentication, keep devices updated, protect tax records, and be cautious of unexpected messages requesting sensitive information.

🔹 🤝 Free Tax Services Need Volunteers
The IRS is seeking community partners and volunteers for its VITA and TCE programs, which provide free tax preparation assistance to qualifying taxpayers during filing season.

🔹 📱 IRS Expands Digital Services
The new IRS mobile app, which replaces IRS2Go, gives taxpayers another secure way to access IRS tools and account services from their mobile devices.

🔹 🌍 Tax Relief Available for Certain Taxpayers Affected by Events in Israel
Eligible individuals and businesses affected by the ongoing events in Israel may receive postponements for certain federal tax filing, payment, and other deadlines, potentially through September 30, 2027. Additional relief may also be available.

📌 TAX TAKEAWAY:
Tax compliance isn't just about filing a return. Cybersecurity, accurate reporting, staying informed, and using official IRS resources are all part of protecting your tax and financial future.

👉 Stay informed. Stay secure. Stay tax-ready.

📲 DM us or click the link in bio to connect with a tax expert who can help you stay compliant and secure this season!

10/06/2026

📚 TUESDAY TAX TIPS | October 6, 2026

🔐 TAX SECURITY IS A YEAR-ROUND RESPONSIBILITY!

The IRS says the Security Summit’s “Protect Your Clients; Protect Yourself” guidance isn't just for tax season — these security practices matter all year long.

👩‍💼 FOR TAX PREPARERS:
Watch for phishing, IRS impersonation, fake “new client” requests and attempts to steal sensitive information. Review your security practices, train your team and protect client data.

👨‍💼 FOR TAXPAYERS:
Protect your tax information by using:
✅ Strong, unique passwords
✅ Multifactor authentication
✅ Updated devices and software
✅ Secure storage and backups
✅ Caution with unexpected emails, texts and calls

🚨 REMEMBER:
The IRS does not initiate contact through social media to request personal or financial information. Be cautious with unexpected messages claiming to be from the IRS.

📌 TAX TIP:
Don't wait for tax season to protect your tax information. Make cybersecurity part of your year-round tax routine. 🔐

📲 DM us or click the link in bio to connect with a tax expert who can help you stay compliant and secure this season!

🔔 Follow us for more Tax Tips • Tax News • Tax Questions & Answers

10/05/2026

🌟 MOTIVATIONAL MONDAY | October 5, 2026 🌟

💪 PREPARE TODAY. PROTECT TOMORROW.

Tax success isn't just about filing a return.
It's about making smart decisions all year long. 🧾🔐

👩‍💼 FOR TAX PREPARERS:
Your clients trust you with sensitive financial information. Keep learning, stay current with IRS guidance, strengthen your cybersecurity practices, and make protecting client data part of your everyday routine.

👨‍💼 FOR TAXPAYERS:
Take control of your tax information. Keep your records organized, protect your accounts, use strong security practices, and rely on official IRS resources when checking tax information.

🔐 IRS CYBERSECURITY REMINDER:
The IRS is encouraging taxpayers to take simple steps to strengthen online security during Cybersecurity Awareness Month. Protecting tax information is everyone's responsibility.

📱 SMART TAX HABIT:
The IRS also recently launched its new mobile app, providing secure access to selected IRS tools and account services. Remember to use only verified IRS resources and beware of fake apps, links and unsolicited messages.

🔥 THIS WEEK'S MOTIVATION:

Learn continuously.
Protect proactively.
Prepare confidently.

Small actions today can prevent big problems tomorrow. 🚀

📌 Tax Preparer: Protect your clients.
📌 Taxpayer: Protect your information.
📌 Everyone: Stay informed and stay prepared.

📲 DM us or click the link in bio to connect with a tax expert who can help you stay compliant and secure this season!

🔔 Follow us for more Tax Tips • Tax News • Tax Questions & Answers

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