KLHopkins Accounting Services

KLHopkins Accounting Services No annoying tax professional lingo. Just straight, authoritative and friendly expert advice.

KLHopkins Accounting Services offers complete accounting, tax planning and preparation services designed to meet the needs of both you and your businesses. We guarantee professional, personalized, and confidential service to each and every client. Other services offered include:

Bookkeeping, Federal & State Filings, Bank & Credit Card Reconciliation, Sales & Use Tax Reporting, Year End Preparatio

n, and Notary Services. If you are interested in working with us, or have any questions, feel free to contact our office at 901.522.9095 or visit www.KLHopkinsTax.com.

08/28/2026

๐Ÿšจ ๐—œ๐—ฅ๐—ฆ ๐—™๐—ฅ๐—˜๐—ฆ๐—› ๐—ฆ๐—ง๐—”๐—ฅ๐—ง: ๐—ช๐—›๐—”๐—ง ๐—œ๐—ง ๐—œ๐—ฆ ๐˜ƒ๐˜€. ๐—ช๐—›๐—”๐—ง ๐—œ๐—ง ๐—œ๐—ฆ๐—กโ€™๐—งโฃ
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If youโ€™re 3+ years behind on your taxes, youโ€™ve probably heard somebody say:โฃ
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โ€œ๐˜‘๐˜ถ๐˜ด๐˜ต ๐˜ฅ๐˜ฐ ๐˜ต๐˜ฉ๐˜ฆ ๐˜๐˜ณ๐˜ฆ๐˜ด๐˜ฉ ๐˜š๐˜ต๐˜ข๐˜ณ๐˜ต ๐˜—๐˜ณ๐˜ฐ๐˜จ๐˜ณ๐˜ข๐˜ฎ.โ€ โฃ
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Wellโ€ฆ letโ€™s clear that up.โฃ
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โœ… ๐—ช๐—›๐—”๐—ง ๐—œ๐—ง ๐—œ๐—ฆ:โฃ
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A way to explore IRS options that may help you get back into compliance and resolve tax debt, depending on your situation.โฃ
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That could mean:โฃ
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1. A payment arrangementโฃ
2. Settling qualifying tax debt for less through an Offer in Compromiseโฃ
3. Temporary collection relief for financial hardshipโฃ
4. Possible penalty relief โฃ
5. Getting those past due returns filed and figuring out what you ๐—”๐—–๐—ง๐—จ๐—”๐—Ÿ๐—Ÿ๐—ฌ oweโฃ
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โŒ ๐—ช๐—›๐—”๐—ง ๐—œ๐—ง ๐—œ๐—ฆ๐—กโ€™๐—ง:โฃ
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๐—”๐˜‚๐˜๐—ผ๐—บ๐—ฎ๐˜๐—ถ๐—ฐ ๐˜๐—ฎ๐˜… ๐—ณ๐—ผ๐—ฟ๐—ด๐—ถ๐˜ƒ๐—ฒ๐—ป๐—ฒ๐˜€๐˜€.โฃ
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Itโ€™s ๐—ก๐—ข๐—ง a magic application that wipes away your IRS debt.โฃ
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It does ๐—ก๐—ข๐—ง mean everybody qualifies to settle for pennies on the dollar.โฃ
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And it definitely does ๐—ก๐—ข๐—ง mean you can skip filing those old returns.โฃ
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๐—•๐—˜๐—™๐—ข๐—ฅ๐—˜ ๐—ช๐—˜ ๐—ง๐—”๐—Ÿ๐—ž ๐—”๐—•๐—ข๐—จ๐—ง ๐—ฆ๐—˜๐—ง๐—ง๐—Ÿ๐—œ๐—ก๐—š ๐—ฌ๐—ข๐—จ๐—ฅ ๐—ง๐—”๐—ซ ๐——๐—˜๐—•๐—ง, ๐—Ÿ๐—˜๐—งโ€™๐—ฆ ๐—š๐—˜๐—ง ๐—ฌ๐—ข๐—จ ๐—–๐—ข๐— ๐—ฃ๐—Ÿ๐—œ๐—”๐—ก๐—ง.โฃ
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3 or more years behind? Start with the returns.โฃ
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Then we can figure out what options are actually available to ๐—ฌ๐—ข๐—จ.โฃ
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๐Ÿ“ฒ KLHopkins Accounting Servicesโฃ
Text: 901-522-9095โฃ
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๐—”๐—ป๐—ผ๐˜๐—ต๐—ฒ๐—ฟ ๐—ง๐—ฒ๐—ป๐—ป๐—ฒ๐˜€๐˜€๐—ฒ๐—ฒ ๐˜€๐˜๐—ฎ๐—ฟ๐˜๐˜‚๐—ฝ ๐—ถ๐˜€ ๐—ผ๐—ป๐—ฒ ๐˜€๐˜๐—ฒ๐—ฝ ๐—ฐ๐—น๐—ผ๐˜€๐—ฒ๐—ฟ ๐˜๐—ผ ๐—ฏ๐—ฒ๐—ฐ๐—ผ๐—บ๐—ถ๐—ป๐—ด ๐—ฎ ๐—น๐—ถ๐—ฐ๐—ฒ๐—ป๐˜€๐—ฒ๐—ฑ ๐—บ๐—ผ๐˜๐—ผ๐—ฟ ๐˜ƒ๐—ฒ๐—ต๐—ถ๐—ฐ๐—น๐—ฒ ๐—ฑ๐—ฒ๐—ฎ๐—น๐—ฒ๐—ฟ.โฃโฃToday, we completed the compa...
08/25/2026

๐—”๐—ป๐—ผ๐˜๐—ต๐—ฒ๐—ฟ ๐—ง๐—ฒ๐—ป๐—ป๐—ฒ๐˜€๐˜€๐—ฒ๐—ฒ ๐˜€๐˜๐—ฎ๐—ฟ๐˜๐˜‚๐—ฝ ๐—ถ๐˜€ ๐—ผ๐—ป๐—ฒ ๐˜€๐˜๐—ฒ๐—ฝ ๐—ฐ๐—น๐—ผ๐˜€๐—ฒ๐—ฟ ๐˜๐—ผ ๐—ฏ๐—ฒ๐—ฐ๐—ผ๐—บ๐—ถ๐—ป๐—ด ๐—ฎ ๐—น๐—ถ๐—ฐ๐—ฒ๐—ป๐˜€๐—ฒ๐—ฑ ๐—บ๐—ผ๐˜๐—ผ๐—ฟ ๐˜ƒ๐—ฒ๐—ต๐—ถ๐—ฐ๐—น๐—ฒ ๐—ฑ๐—ฒ๐—ฎ๐—น๐—ฒ๐—ฟ.โฃ
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Today, we completed the companyโ€™s financial statements, supporting documentation, and CPA signature coordination for its dealer license application.โฃ
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A great business idea is important, but your application also needs financial information that is professionally prepared, accurate, and ready for review.โฃ
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If you are applying for a Tennessee motor vehicle dealer license or starting an automotive business, we can assist with the required financial statements and help you get your accounting set up correctly from the beginning.โฃ
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๐Ÿ“ฉ Send us a message to get started.
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08/13/2026

Everybody is talking about the food truck owner whose truck caught fire and the fact that he said it wasnโ€™t insured.โฃ
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Iโ€™m not getting into his personal situation, but I AM going to use this as a ๐—•๐—จ๐—ฆ๐—œ๐—ก๐—˜๐—ฆ๐—ฆ ๐—ข๐—ช๐—ก๐—˜๐—ฅ ๐—–๐—›๐—˜๐—–๐—ž ๐—œ๐—ก.โฃ
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Because registering your business, getting an EIN and making money are only part of operating a business.โฃ
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๐—ฃ๐—ฟ๐—ผ๐˜๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ถ๐˜€ ๐—ฝ๐—ฎ๐—ฟ๐˜ ๐—ผ๐—ณ ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐—ถ๐˜ ๐˜๐—ผ๐—ผ.โฃ
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Depending on what you do, there are several basic insurance policies you should at least be discussing with an insurance professional:โฃ
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๐Ÿข ๐—š๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ฎ๐—น ๐—Ÿ๐—ถ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒโฃ
Helps protect your business when someone claims bodily injury, property damage or certain other damages connected to your business operations.โฃ
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๐Ÿ  ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ฟ๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฃ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒโฃ
Helps protect business property such as equipment, inventory, furniture and other physical assets from covered losses.โฃ
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๐Ÿšš ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ฟ๐—ฐ๐—ถ๐—ฎ๐—น ๐—”๐˜‚๐˜๐—ผ ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒโฃ
If your business owns or operates vehicles, including food trucks, delivery vehicles and work vehicles, your personal auto policy may not provide the coverage your business needs.โฃ
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๐Ÿ‘ฉ๐Ÿฝโ€๐Ÿ’ป ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ฒ๐˜€๐˜€๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—Ÿ๐—ถ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† / ๐—˜๐—ฟ๐—ฟ๐—ผ๐—ฟ๐˜€ & ๐—ข๐—บ๐—ถ๐˜€๐˜€๐—ถ๐—ผ๐—ป๐˜€ ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒโฃ
Important for many service based businesses. This can help protect you from claims involving professional mistakes, negligence or failure to perform services as expected.โฃ
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๐Ÿ‘ฅ ๐—ช๐—ผ๐—ฟ๐—ธ๐—ฒ๐—ฟ๐˜€โ€™ ๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐—ป๐˜€๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒโฃ
If you have employees, workersโ€™ comp may be required depending on your state, industry and number of employees. It generally covers qualifying work related injuries and illnesses.โฃ
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๐Ÿšจ ๐—•๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐—ฟ๐˜‚๐—ฝ๐˜๐—ถ๐—ผ๐—ป / ๐—•๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—œ๐—ป๐—ฐ๐—ผ๐—บ๐—ฒ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒโฃ
This one gets overlooked. Depending on the policy and the cause of loss, it may help replace lost business income and certain continuing expenses when a covered event temporarily shuts your business down.โฃ
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๐Ÿ” ๐—–๐˜†๐—ฏ๐—ฒ๐—ฟ ๐—Ÿ๐—ถ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒโฃ
If you collect customer information, process payments or store sensitive information electronically, cyber coverage is worth discussing.โฃ
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And depending on your industry, you may need ๐—ฎ๐—ฑ๐—ฑ๐—ถ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐˜€๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ฎ๐—น๐—ถ๐˜‡๐—ฒ๐—ฑ ๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ. Restaurants,, landlords, transportation companies, beauty professionals and other businesses can have very different risks.โฃ
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๐™‰๐™Š๐™’ ๐™ƒ๐™€๐™๐™€โ€™๐™Ž ๐™๐™ƒ๐™€ ๐™๐˜ผ๐™“ ๐™‹๐˜ผ๐™๐™. ๐Ÿ‘‡๐Ÿฝโฃ
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Generally, ๐—ผ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ฎ๐—ฟ๐˜† ๐—ฎ๐—ป๐—ฑ ๐—ป๐—ฒ๐—ฐ๐—ฒ๐˜€๐˜€๐—ฎ๐—ฟ๐˜† ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ถ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฝ๐—ฟ๐—ฒ๐—บ๐—ถ๐˜‚๐—บ๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—ฑ๐—ฒ๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐—ฏ๐—น๐—ฒ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ป๐˜€๐—ฒ๐˜€ when the coverage is related to your trade or business. The exact tax treatment depends on the type of policy and circumstances.โฃ
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So hereโ€™s your homework:โฃ
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๐—ฅ๐—˜๐—ฉ๐—œ๐—˜๐—ช ๐—ฌ๐—ข๐—จ๐—ฅ ๐—•๐—จ๐—ฆ๐—œ๐—ก๐—˜๐—ฆ๐—ฆ ๐—œ๐—ก๐—ฆ๐—จ๐—ฅ๐—”๐—ก๐—–๐—˜ ๐—ฃ๐—ข๐—Ÿ๐—œ๐—–๐—œ๐—˜๐—ฆ.โฃ
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Make sure the coverage still matches the business youโ€™re operating TODAY, not the business you started three years ago.โฃ
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Create an ๐—œ๐—ก๐—ฆ๐—จ๐—ฅ๐—”๐—ก๐—–๐—˜ folder in your business records.โฃ
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Save your:โฃ
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Policy declarationsโฃ
Coverage documentsโฃ
Renewal noticesโฃ
Invoicesโฃ
Records of premiums paidโฃ
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Then give that information to your tax preparer every year.โฃ
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And Iโ€™m going to say this part a little louderโ€ฆโฃ
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๐—œ๐—ณ ๐˜†๐—ผ๐˜‚๐—ฟ ๐˜๐—ฎ๐˜… ๐—ฝ๐—ฟ๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฒ๐—ฟ ๐—ต๐—ฎ๐˜€ ๐—ก๐—˜๐—ฉ๐—˜๐—ฅ ๐—ฎ๐˜€๐—ธ๐—ฒ๐—ฑ ๐˜†๐—ผ๐˜‚ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ถ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฝ๐—ฟ๐—ฒ๐—บ๐—ถ๐˜‚๐—บ๐˜€ ๐˜„๐—ต๐—ฒ๐—ป ๐—ฝ๐—ฟ๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ถ๐—ป๐—ด ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐˜๐—ฎ๐˜…๐—ฒ๐˜€, ๐˜†๐—ผ๐˜‚ ๐—บ๐—ฎ๐˜† ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐˜๐—ต๐—ฒ ๐˜„๐—ฟ๐—ผ๐—ป๐—ด ๐—ฝ๐—ฟ๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฒ๐—ฟ!โฃ
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Weโ€™re not just looking for a W2 and a 1099.โฃ
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We need to know what it actually COST you to operate that business.โฃ
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A deductible expense that never makes it onto the tax return because nobody asked about it is money left on the table.โฃ
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๐—ฃ๐—ฟ๐—ผ๐˜๐—ฒ๐—ฐ๐˜ ๐˜๐—ต๐—ฒ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€. ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐˜๐—ต๐—ฒ ๐—ฟ๐—ฒ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐˜€. ๐—ง๐—ฎ๐—ธ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฒ๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐˜†๐—ผ๐˜‚โ€™๐—ฟ๐—ฒ ๐—น๐—ฒ๐—ด๐—ฎ๐—น๐—น๐˜† ๐—ฒ๐—ป๐˜๐—ถ๐˜๐—น๐—ฒ๐—ฑ ๐˜๐—ผ.โฃ
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Thank me later. ๐Ÿ–ค

07/08/2026

๐—ฆ๐˜๐—ผ๐—ฟ๐˜† ๐—ง๐—ถ๐—บ๐—ฒ.โฃ
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One of the most rewarding parts of my job isn't preparing tax returns.โฃ
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It's earning someone's trust.โฃ
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In 2019, an elderly widow walked into my office to file taxes for the first time on her own. Throughout their marriage, her husband had always handled the family's finances and tax returns. After he passed away, she suddenly found herself trying to navigate a tax system she had never needed to understand.โฃ
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That first year, we prepared what would become her final tax return as a married couple.โฃ
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From that point on, we took the journey together.โฃ
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Over the years, I helped her navigate the tax rules for surviving spouses, beneficiary paperwork, and every deduction and credit available to her. Their only child is permanently disabled, so there wasn't another family member to help shoulder those responsibilities.โฃ
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As the years passed, getting to my office became more difficult for her. Rather than asking her to make the trip, I started going to her.โฃ
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Because sometimes serving clients means meeting them exactly where they are.โฃ
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For several years, I believed she qualified to claim her permanently disabled adult son as a dependent. She wasn't convinced. For most of her marriage, her husband had always handled the taxes, and owing the IRS each year had simply become what they expected. Once she became the one signing the returns and writing the checks herself, those balances became much more personal.โฃ
โฃ
I never pressured her.โฃ
โฃ
Instead, each year we revisited the conversation. I answered her questions, explained the rules, and reassured her that claiming her son wasn't stretching the law. It was simply applying the tax law correctly based on her family's circumstances.โฃ
โฃ
Eventually, she trusted the process enough to move forward.โฃ
โฃ
We amended her ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ return.โฃ
โฃ
๐Ÿ’ฐ Tax savings: $๐Ÿฏ,๐Ÿณ๐Ÿญ๐Ÿญโฃ
โฃ
We amended her ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ return.โฃ
โฃ
๐Ÿ’ฐ Tax savings: $๐Ÿฏ,๐Ÿด๐Ÿฌ๐Ÿฌโฃ
โฃ
Then, when we prepared her 2025 return, we made the change from the very beginning.โฃ
โฃ
๐Ÿ’ฐ Tax savings: $๐Ÿฐ,๐Ÿฒ๐Ÿฌ๐Ÿฌโฃ
โฃ
๐—ง๐—ผ๐˜๐—ฎ๐—น ๐˜๐—ฎ๐˜… ๐˜€๐—ฎ๐˜ƒ๐—ถ๐—ป๐—ด๐˜€: $๐Ÿญ๐Ÿฎ,๐Ÿญ๐Ÿญ๐Ÿญ.โฃ
โฃ
๐—ง๐—ผ๐—ฑ๐—ฎ๐˜†, ๐—ฎ๐˜ ๐Ÿด๐Ÿฑ ๐˜†๐—ฒ๐—ฎ๐—ฟ๐˜€ ๐—ผ๐—น๐—ฑ, ๐˜€๐—ต๐—ฒ'๐˜€ ๐˜€๐˜๐—ถ๐—น๐—น ๐—น๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐—ถ๐—ป๐—ฑ๐—ฒ๐—ฝ๐—ฒ๐—ป๐—ฑ๐—ฒ๐—ป๐˜๐—น๐˜†, ๐˜€๐˜๐—ถ๐—น๐—น ๐˜๐—ฎ๐—ธ๐—ถ๐—ป๐—ด ๐—ฐ๐—ฎ๐—ฟ๐—ฒ ๐—ผ๐—ณ ๐—ต๐—ฒ๐—ฟ ๐˜€๐—ผ๐—ป, ๐—ฎ๐—ป๐—ฑ ๐˜€๐˜๐—ถ๐—น๐—น ๐—ฎ๐˜€ ๐˜๐—ผ๐˜‚๐—ด๐—ต ๐—ฎ๐˜€ ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ. ๐—” ๐˜๐—ฟ๐˜‚๐—ฒ ๐——๐—ผ๐˜„๐—ป๐˜๐—ผ๐˜„๐—ป ๐— ๐—ฒ๐—บ๐—ฝ๐—ต๐—ถ๐˜€ ๐—น๐—ฎ๐—ฑ๐˜†. ๐Ÿ–คโฃ
โฃ
This wasn't about finding a loophole.โฃ
โฃ
It was about understanding the tax code, taking the time to ask the right questions, and giving a client the confidence to claim the tax benefits she had been entitled to all along.โฃ
โฃ
Moments like this remind me that tax and accounting has never been just about numbers.โฃ
โฃ
It's about relationships.โฃ
โฃ
It's about trust.โฃ
โฃ
And sometimes, the greatest value we provide isn't preparing a tax return. It's giving someone the confidence to make the right decision when they're ready.โฃ
โฃ
That's why I'll never stop asking questions.โฃ
โฃ
You never know where the next opportunity to help someone might be hiding.โฃ
โฃ
๐Ÿ–คโฃ
โฃ
If you made it to the end, like this post. AND, if you think you may be missing out on valuable deductions, subscribe to my email list in the comments!

Yesterday, I encouraged everyone claiming federal tax exempt to review their payroll before July.โฃโฃToday, hereโ€™s the que...
06/30/2026

Yesterday, I encouraged everyone claiming federal tax exempt to review their payroll before July.โฃ
โฃ
Today, hereโ€™s the questionโ€ฆโฃ
โฃ
๐—›๐—ผ๐˜„ ๐—ฑ๐—ผ ๐˜†๐—ผ๐˜‚ ๐—ธ๐—ป๐—ผ๐˜„ ๐—ถ๐—ณ ๐˜†๐—ผ๐˜‚ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ฟ๐—ฒ๐—บ๐—ผ๐˜ƒ๐—ฒ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฒ๐˜…๐—ฒ๐—บ๐—ฝ๐˜๐—ถ๐—ผ๐—ป?โฃ
โฃ
You should review it if:โฃ
โฃ
โœ”๏ธ Youโ€™re no longer eligible to claim exempt.โฃ
โœ”๏ธ Your income has increased.โฃ
โœ”๏ธ You owed federal taxes when you filed your last return.โฃ
โœ”๏ธ Youโ€™ve noticed little or no federal taxes coming out of your paycheck.โฃ
โฃ
Rememberโ€ฆโฃ
โฃ
Claiming exempt doesnโ€™t eliminate your tax liability. It simply tells your employer not to withhold federal income tax from your paycheck.โฃ
โฃ
If you donโ€™t actually qualify, the IRS could still expect those taxes when you file your return.โฃ
โฃ
Your tax preparer can not simply make your obligation ๐˜ฅ๐˜ช๐˜ด๐˜ข๐˜ฑ๐˜ฑ๐˜ฆ๐˜ข๐˜ณโ€ฆ ๐Ÿ’จ โฃ
โฃ
Not sure if you should update your withholding?โฃ
โฃ
Letโ€™s talk before tax season gets here. ๐Ÿ–คโฃ
โฃ

๐Ÿšจ ๐—ช๐—ฒโ€™๐˜ƒ๐—ฒ ๐—ผ๐—ณ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฎ๐—น๐—น๐˜† ๐—ฒ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ผ๐—ฟ๐—ธ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ฏ๐—ฒ๐—ณ๐—ผ๐—ฟ๐—ฒ ๐—๐˜‚๐—น๐˜†.โฃโฃBefore you wrap up your workweek, take five minutes to review...
06/29/2026

๐Ÿšจ ๐—ช๐—ฒโ€™๐˜ƒ๐—ฒ ๐—ผ๐—ณ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฎ๐—น๐—น๐˜† ๐—ฒ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ผ๐—ฟ๐—ธ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ฏ๐—ฒ๐—ณ๐—ผ๐—ฟ๐—ฒ ๐—๐˜‚๐—น๐˜†.โฃ
โฃ
Before you wrap up your workweek, take five minutes to review your federal tax withholding.โฃ
โฃ
If youโ€™ve been claiming exempt or noticed little to no federal taxes coming out of your paycheck, now is the time to make a change.โฃ
โฃ
Too many people wait until tax season to find out they owe thousands of dollars that could have been avoided with a simple payroll update.โฃ
โฃ
โœ”๏ธ Log into your employee payroll portal.โฃ
โœ”๏ธ Review your current federal withholding.โฃ
โœ”๏ธ Contact HR if you need to make changes.โฃ
โฃ
A few minutes today could save you a major tax bill next spring.โฃ
โฃ
Future you will thank you. ๐Ÿ–คโฃ
โฃ
Need help determining whether your withholding is on track? KLHopkins Accounting Services is here to help.

06/28/2026

๐Ÿšจ ๐—ช๐—ฒโ€™๐˜ƒ๐—ฒ ๐—ผ๐—ณ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฎ๐—น๐—น๐˜† ๐—ฒ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ผ๐—ฟ๐—ธ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ฏ๐—ฒ๐—ณ๐—ผ๐—ฟ๐—ฒ ๐—๐˜‚๐—น๐˜†.โฃ
โฃ
Before you wrap up your workweek, take five minutes to review your federal tax withholding.โฃ
โฃ
If youโ€™ve been claiming exempt or noticed little to no federal taxes coming out of your paycheck, now is the time to make a change.โฃ
โฃ
Too many people wait until tax season to find out they owe thousands of dollars that could have been avoided with a simple payroll update.โฃ
โฃ
โœ”๏ธ Log into your employee payroll portal.โฃ
โœ”๏ธ Review your current federal withholding.โฃ
โœ”๏ธ Contact HR if you need to make changes.โฃ
โฃ
A few minutes today could save you a major tax bill next spring.โฃ
โฃ
Future you will thank you. ๐Ÿ–คโฃ
โฃ
Need help determining whether your withholding is on track? KLHopkins Accounting Services is here to help.

Send a message to learn more

๐Ÿ“ฌ ๐— ๐—ฎ๐—ถ๐—น๐—ฒ๐—ฑ ๐—ฅ๐—ฒ๐˜๐˜‚๐—ฟ๐—ป ๐—ฆ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐˜€ โ€” ๐——๐—ฎ๐˜† ๐Ÿฐ๐Ÿฑโฃโฃ๐™’๐™€ ๐™Š๐™๐™๐™„๐˜พ๐™„๐˜ผ๐™‡๐™‡๐™” ๐™ˆ๐˜ผ๐˜ฟ๐™€ ๐™„๐™ ๐Ÿ˜‚๐Ÿ‘€โฃโฃ๐—”๐—ณ๐˜๐—ฒ๐—ฟ:โฃโฃโœ”๏ธ Printing the returnโฃโœ”๏ธ Mailing the returnโฃโœ”๏ธ Certi...
05/21/2026

๐Ÿ“ฌ ๐— ๐—ฎ๐—ถ๐—น๐—ฒ๐—ฑ ๐—ฅ๐—ฒ๐˜๐˜‚๐—ฟ๐—ป ๐—ฆ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐˜€ โ€” ๐——๐—ฎ๐˜† ๐Ÿฐ๐Ÿฑโฃ
โฃ
๐™’๐™€ ๐™Š๐™๐™๐™„๐˜พ๐™„๐˜ผ๐™‡๐™‡๐™” ๐™ˆ๐˜ผ๐˜ฟ๐™€ ๐™„๐™ ๐Ÿ˜‚๐Ÿ‘€โฃ
โฃ
๐—”๐—ณ๐˜๐—ฒ๐—ฟ:โฃ
โฃ
โœ”๏ธ Printing the returnโฃ
โœ”๏ธ Mailing the returnโฃ
โœ”๏ธ Certified mail receiptsโฃ
โœ”๏ธ Waiting for deliveryโฃ
โœ”๏ธ Waiting for it to show in the systemโฃ
โœ”๏ธ โ€œStill being processedโ€โฃ
โœ”๏ธ Refund approvedโฃ
โฃ
๐Ÿ‘‰๐Ÿฝ ๐—ง๐—ต๐—ฒ ๐—ฟ๐—ฒ๐—ณ๐˜‚๐—ป๐—ฑ ๐—ต๐—ฎ๐˜€ ๐—ผ๐—ณ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฎ๐—น๐—น๐˜† ๐—ฏ๐—ฒ๐—ฒ๐—ป ๐—ฆ๐—˜๐—ก๐—ง.โฃ
โฃ
And just like thatโ€ฆโฃ
โฃ
๐Ÿ‘‰๐Ÿฝ ๐Ÿฐ๐Ÿฑ days later, the mailed return journey is complete ๐Ÿ˜ฎโ€๐Ÿ’จโฃ
โฃ
This series started with me standing in line at the post office on ๐—”๐—ฝ๐—ฟ๐—ถ๐—น ๐Ÿฒโ€ฆโฃ
โฃ
And ended today with the IRS finally sending the direct deposit on ๐— ๐—ฎ๐˜† ๐Ÿฎ๐Ÿฌ.โฃ
โฃ
Moral of the story:โฃ
โฃ
๐Ÿ‘‰๐Ÿฝ ๐˜ผ๐™ซ๐™ค๐™ž๐™™ ๐™ข๐™–๐™ž๐™ก๐™ž๐™ฃ๐™œ ๐™ง๐™š๐™ฉ๐™ช๐™ง๐™ฃ๐™จ ๐™ฌ๐™๐™š๐™ฃ๐™š๐™ซ๐™š๐™ง ๐™ฅ๐™ค๐™จ๐™จ๐™ž๐™—๐™กe!โฃ
โฃ
File early.โฃ
Handle issues before filing.โฃ
And work with someone who understands how to navigate problems BEFORE they turn into delays.โฃ
โฃ
And to everybody that followed this whole documentaryโ€ฆโฃ
โฃ
Thank yโ€™all for hanging in there with meโ€ฆ ๐Ÿ–ค

๐Ÿ“ฌ ๐— ๐—ฎ๐—ถ๐—น๐—ฒ๐—ฑ ๐—ฅ๐—ฒ๐˜๐˜‚๐—ฟ๐—ป ๐—ฆ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐˜€ โ€” ๐——๐—ฎ๐˜† ๐Ÿฐ๐ŸฏโฃโฃDay 43 ๐Ÿ‘€โฃโฃAnd yesโ€ฆโฃโฃ๐Ÿ‘‰๐Ÿฝ Weโ€™ve officially been sitting in ๐—ฅ๐—ฒ๐—ณ๐˜‚๐—ป๐—ฑ ๐—”๐—ฝ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ status since Fr...
05/18/2026

๐Ÿ“ฌ ๐— ๐—ฎ๐—ถ๐—น๐—ฒ๐—ฑ ๐—ฅ๐—ฒ๐˜๐˜‚๐—ฟ๐—ป ๐—ฆ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐˜€ โ€” ๐——๐—ฎ๐˜† ๐Ÿฐ๐Ÿฏโฃ
โฃ
Day 43 ๐Ÿ‘€โฃ
โฃ
And yesโ€ฆโฃ
โฃ
๐Ÿ‘‰๐Ÿฝ Weโ€™ve officially been sitting in ๐—ฅ๐—ฒ๐—ณ๐˜‚๐—ป๐—ฑ ๐—”๐—ฝ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ status since Friday.โฃ
โฃ
Deposit is scheduled for:โฃ
โฃ
๐Ÿ‘‰๐Ÿฝ May 20โฃ
โฃ
Which means after:โฃ
โฃ
โœ”๏ธ Mailing the returnโฃ
โœ”๏ธ Waiting for IRS deliveryโฃ
โœ”๏ธ Waiting for system entryโฃ
โœ”๏ธ Waiting through processingโฃ
โœ”๏ธ Waiting for approvalโฃ
โฃ
We are FINALLY in the home stretch ๐Ÿ˜ฎโ€๐Ÿ’จโฃ
โฃ
And let this be your reminder:โฃ
โฃ
A mailed return is never my first choice.โฃ
โฃ
This entire series is exactly why I push clients to:โฃ
โฃ
๐Ÿ‘‰๐Ÿฝ File earlyโฃ
๐Ÿ‘‰๐Ÿฝ Resolve issues before filingโฃ
๐Ÿ‘‰๐Ÿฝ Avoid preventable e-file rejectionsโฃ
โฃ
Because this process has been LONG ๐Ÿ˜‚โฃ
โฃ
Weโ€™re almost at the finish line.

๐Ÿ“ฌ ๐— ๐—ฎ๐—ถ๐—น๐—ฒ๐—ฑ ๐—ฅ๐—ฒ๐˜๐˜‚๐—ฟ๐—ป ๐—ฆ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐˜€ โ€” ๐——๐—ฎ๐˜† ๐Ÿฐ๐ŸฌโฃโฃDay 40 ๐Ÿ‘€โฃโฃAnd yesโ€ฆโฃโฃ๐Ÿ‘‰๐Ÿฝ Weโ€™re still seeing:โฃโฃโ€œ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐˜๐—ฎ๐˜… ๐—ฟ๐—ฒ๐˜๐˜‚๐—ฟ๐—ป ๐—ถ๐˜€ ๐˜€๐˜๐—ถ๐—น๐—น ๐—ฏ๐—ฒ๐—ถ๐—ป๐—ด ๐—ฝ๐—ฟ๐—ผ๐—ฐ๐—ฒ๐˜€๐˜€๐—ฒ๐—ฑ. ...
05/15/2026

๐Ÿ“ฌ ๐— ๐—ฎ๐—ถ๐—น๐—ฒ๐—ฑ ๐—ฅ๐—ฒ๐˜๐˜‚๐—ฟ๐—ป ๐—ฆ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐˜€ โ€” ๐——๐—ฎ๐˜† ๐Ÿฐ๐Ÿฌโฃ
โฃ
Day 40 ๐Ÿ‘€โฃ
โฃ
And yesโ€ฆโฃ
โฃ
๐Ÿ‘‰๐Ÿฝ Weโ€™re still seeing:โฃ
โฃ
โ€œ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐˜๐—ฎ๐˜… ๐—ฟ๐—ฒ๐˜๐˜‚๐—ฟ๐—ป ๐—ถ๐˜€ ๐˜€๐˜๐—ถ๐—น๐—น ๐—ฏ๐—ฒ๐—ถ๐—ป๐—ด ๐—ฝ๐—ฟ๐—ผ๐—ฐ๐—ฒ๐˜€๐˜€๐—ฒ๐—ฑ. ๐—” ๐—ฟ๐—ฒ๐—ณ๐˜‚๐—ป๐—ฑ ๐—ฑ๐—ฎ๐˜๐—ฒ ๐˜„๐—ถ๐—น๐—น ๐—ฏ๐—ฒ ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ถ๐—ฑ๐—ฒ๐—ฑ ๐˜„๐—ต๐—ฒ๐—ป ๐—ฎ๐˜ƒ๐—ฎ๐—ถ๐—น๐—ฎ๐—ฏ๐—น๐—ฒ.โ€โฃ
โฃ
At this point, I know some of yโ€™all are probably thinking:โฃ
โฃ
๐Ÿ‘‰๐Ÿฝ โ€œ40 DAYS?!โ€โฃ
โฃ
And thatโ€™s exactly why I started this series.โฃ
โฃ
Because people hear โ€œmail your returnโ€ and think itโ€™s just a small inconvenience.โฃ
โฃ
Itโ€™s not.โฃ
โฃ
This is why I always encourage clients to:โฃ
โฃ
๐Ÿ‘‰๐Ÿฝ File earlyโฃ
๐Ÿ‘‰๐Ÿฝ Resolve issues that could trigger e-file rejectionsโฃ
๐Ÿ‘‰๐Ÿฝ Work with someone who can help you avoid unnecessary delaysโฃ
โฃ
The good news?โฃ
โฃ
๐Ÿ‘‰๐Ÿฝ The IRS has itโฃ
๐Ÿ‘‰๐Ÿฝ Itโ€™s actively being processedโฃ
๐Ÿ‘‰๐Ÿฝ Weโ€™re still waiting on that refund dateโฃ
โฃ
And yesโ€ฆ Iโ€™m still checking ๐Ÿ˜ฎโ€๐Ÿ’จ

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Memphis, TN

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