Beverly's Bookkeeping and Tax Services LLC

03/11/2026

To avoid a late filing, penalty be sure to file an return or request an extension by April 15, even if you can’t pay the full amount owed. See: www.irs.gov/extensions

01/02/2026

IRS predicts record refunds

IRS leaders are forecasting the largest tax refunds in history for the upcoming tax season, attributing this to the Trump administration's tax reforms. The IRS anticipates average refunds to exceed $3,000, a significant increase from the previous year's $2,800 average. IRS Commissioner Charles Rettig stated: "We expect significant pushback from the industry as these changes take effect." The reforms, which include increased standard deductions and reduced tax rates, are expected to impact millions of taxpayers nationwide. The development could lead to increased consumer spending and economic activity.

Trump administration officials are confidently forecasting that Americans will see the largest refunds next filing season thanks to the tax cuts in the OBBBA.

10/16/2024

Hear from professionals on how to harvest your investments in a tax efficient manner, potentially saving thousands of dollars. Join us at Louisiana State University Shreveport for a complimentary "Taxes and Market Volatility" workshop.

01/17/2024

Self-employed people, including persons in the gig economy, often need to pay in quarterly installments.

This is a that the final payment for 2023 is due by January 16: www.irs.gov/estimatedtaxes

12/24/2023

01/01/2023

04/01/2022

April Fools! Terrible scams are never a joke. Here is what you need to know.

April Fools! A normal harmless day of funny pranks can quickly turn sour when scams are involved. Here are some reminders.

03/30/2022

: Debunking myths about federal tax refunds.

Tax Tip 2022-49, March 30, 2022 — Once taxpayers file their federal tax returns, they're eager for details about their refund. When it comes to refunds, there are several common myths that can mislead taxpayers.

03/18/2022

New rules for deducting mortgage interest are causing confusion and adding additional documentation. It's more important than ever to understand the numbers on your tax forms.

Mortgage companies report interest to both you and the IRS, but that doesn't mean all the interest you pay is tax deductible. Here are four major areas that are causing confusion.