Keetone Tax & Financial Services

01/21/2026

01/21/2026

Identity thieves may try to contact you through fraudulent calls, emails, texts and social media messages pretending to be the . Learn the difference between contact from the real IRS and an imposter: https://ow.ly/z4A150XXGGH

01/14/2026

The announced Monday, January 26, 2026, as the opening of the nation’s 2026 filing season. You will have until Wednesday, April 15, 2026, to file your 2025 tax returns and pay any tax due. Don’t forget that IRS.gov has online tools and resources you can use before, during and after filing your federal tax return. For a list of filing season tools, reminders and resources, read: https://ow.ly/1yqq50XTweL

01/08/2026

Keetone Tax (510) 964-7083 In-person appointments or virtual appointments available.

01/08/2026

As a owner, the daily operations of your organization depend on you. Don't forget that keeping good records helps you run your business smoothly. We have detailed information on the website that explains what important items you should keep records of and what information you need from them. Having this information handy will make preparing your taxes much simpler.

For more on recordkeeping, visit https://ow.ly/scfo50XQm19.

12/09/2025

Treasury and the today issued guidance on new tax benefits for Health Savings Account participants under the One, Big, Beautiful Bill. New changes expand HSA eligibility, which allows more people to save and to pay for healthcare costs through tax-free HSAs. https://ow.ly/ewPi50XGxOu

12/09/2025

What taxpayers can do to Get Ready for the 2026 tax filing season:
Access or login to an existing IRS online account
An IRS online account allows taxpayers to access personal tax information, including recently filed returns, securely. Through this tool, taxpayers can:

View tax records, including adjusted gross income and transcripts
Make, schedule and view payments
Get or view their Identity Protection PIN
Authorize a tax professional to access their tax records digitally
Access available Forms W-2 and certain 1099s
View and edit communication preferences from the IRS and alternative media such as Braille, large print and more
Receive and view over 200 IRS digital notices.
Set up or change payment plans and check their balance.

09/25/2025

On Sept. 15, 2025, the The IRS, under Executive Order 14247, will begin phasing out paper refund checks for individual taxpayers as of September 30, 2025.
After that date, refunds will generally be required to be delivered electronically (e.g., direct deposit) unless restricted by law or special circumstances.
The change is intended to:
Reduce the risk of lost, stolen, delayed, or altered paper checks
Speed delivery of refunds to taxpayers
Lower administrative costs for the IRS
For taxpayers who lack bank accounts or face obstacles to electronic payments, the IRS is committed to providing alternatives, such as prepaid debit cards or digital wallets, ensuring that all taxpayers are catered for.

09/08/2025

has tips to help you protect tax and financial info during natural disasters:
-Store copies of important docs in a safe place
-Keep a record of high-value items
-Get familiar with resources available to help you rebuild

Learn more: https://ow.ly/kMT750VKQQ6

09/08/2025

IRS assesses $162 million in penalties over false tax credit claims tied to social media

IR-2025-90, Sept. 8, 2025

WASHINGTON — The Internal Revenue Service is alerting taxpayers about a growing number of fraudulent tax schemes circulating on social media that promote the misuse of credits such as the Fuel Tax Credit and the Sick and Family Leave Credit. These scams have led thousands of taxpayers to file inaccurate or frivolous returns, often resulting in the denial of refunds and steep penalties.

Since 2022, the IRS has seen a surge in questionable refund claims fueled by misleading social media posts and bad actors posing as tax experts. Many of the posts falsely claim that all taxpayers are eligible for credits they do not actually qualify for, such as those meant for self-employed individuals or businesses. The IRS routinely publishes and updates a list of frivolous positions on IRS.gov that could lead to the imposition of penalties.

“These schemes are not only misleading but can cost taxpayers dearly,” said James Clifford, IRS Director Return Integrity and Compliance Services. “People who follow this advice could end up with rejected claims and a penalty of up to $5,000 in addition to any other penalties that might apply. So far, the IRS has imposed over 32,000 penalties costing taxpayers more than $162 million. It’s in the taxpayer’s best interest to stay informed.”

How to spot these scams

These scams often have common traits:

Social media posts that claim everyone qualifies for certain tax credits.
Promises of “easy” or “fast” refund with minimal documentation.
Instructions to file amended returns, even if you did not originally qualify for the credits.
Encouragement to ignore IRS letters or respond with false information.
What happens when a taxpayer falls for a scam

Taxpayers who submit false claims may face serious consequences:

Delayed refunds.
Denied refund claims.
A $5,000 civil penalty under Internal Revenue Code Section 6702 for filing a frivolous return.
Subject to further IRS examination and enforcement action.
What taxpayers can do if they are targeted

Taxpayers who believe they have been misled or filed an incorrect return should:

Amend the tax return as soon as possible using Form 1040-X, Amended U.S. Individual Income Tax Return.
Respond promptly to any IRS letters or notices.
Seek help from a reputable tax professional or the IRS’s official resources at IRS.gov.
If you suspect a tax scam, report it to the IRS by emailing [email protected] or file a complaint with the Treasury Inspector General for Tax Administration (TIGTA).

Stay informed

The IRS urges all taxpayers to be cautious when relying on social media posts. Always verify claims with credible sources or consult a qualified tax professional.

For the latest updates on tax scams and IRS warnings, visit Tax Scams. In addition to IRS.gov, the IRS routinely publishes helpful information on IRS Social Media. Follow on X for scam awareness information.

05/20/2025

Receiving an email claiming you have an bill that needs your immediate attention creates a sense of urgency. However, emails like this are often a scam. Thieves use these schemes to steal your money and personal information. Before you click on any links or open any attachments, check to see if the email’s content is on our list of common scams.

For more on phishing, visit www.irs.gov/phishing.

05/20/2025

The tax proposals will make tax planning hard for a couple of reasons: both the fate of, and the final bill, are still pending and some proposals are retroactive to January 1, 2025, while others are effective in 2026 or future years. However, you could consider
few things people may consider based on the initial bill. They include:

Purchase electric vehicles this year because the $7,500 clean vehicle credit would expire in 2025 instead of in 2032

Purchase clean energy equipment, such as solar property or wind energy, because the tax credit would expire this year instead of in 2034

Make energy efficient home improvements that are eligible for a 30% credit or have a home energy audit because this credit would expire this year, instead of 2032

Hold on to your money. There is no need to make large gifts to family or friends anymore as the estate tax exemption will not drop in 2026.