Tax Lux Society

Tax Lux Society

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οΏ½ Tax Lux Society οΏ½ | Building the Next Generation of Tax Professionals. Helping educate & save money πŸ’° one client at a time. Tax strategy & Tax Planning

09/09/2026
09/04/2026

🚨 WHAT IS A CP2000? 🚨

This is one IRS notice EVERY taxpayer should know about.

The IRS receives information from:

πŸ’Ό Employers
🏦 Banks
πŸ“ˆ Investment companies
πŸ’» Gig-work companies
🏠 Mortgage companies
πŸ’΅ Businesses that issue 1099s

Then that information is compared with what you reported on your tax return.

If something doesn’t match, you could receive a CP2000 Notice.

For example:

You filed your taxes…

BUT forgot a 1099 from a side hustle. 😬

The company reported that income to the IRS even though it wasn’t included on your return.

Now the IRS sees a DIFFERENCE.

⚠️ IMPORTANT:

A CP2000 is a proposed adjustment β€” not automatically a bill.

You need to review the information and determine whether you AGREE or DISAGREE.

DO NOT automatically pay a CP2000 without understanding WHY you received it.

And definitely don’t ignore it.

πŸ“¬ IRS LETTER?
πŸ“Έ Read it.
πŸ“‘ Review your return.
⏰ Pay attention to your deadline.

Have you ever gotten a CP2000?

Comment CP2000 and let’s talk about it. πŸ‘‡πŸ½

09/01/2026

🚨 TAX NOTICE TALK 🚨

Did you get a letter from the IRS and immediately think:

😩 β€œOh Lord…what did I do?”
πŸ˜‚ β€œI’m not opening that!”
πŸ‘€ β€œMaybe it will go away.”

NOPE! πŸ˜‚

One of the most common notices taxpayers receive is a CP14.

πŸ“¬ WHAT DOES CP14 MEAN?

It generally means the IRS shows that you have a balance due on your tax account.

Your notice should explain:

πŸ’° How much you owe
πŸ“… When payment is due
βž• Any applicable penalties or interest
πŸ“‹ What your next steps are

Receiving an IRS notice does NOT mean you should panic.

But ignoring one can turn a manageable situation into a much bigger problem.

βœ… Open the letter
βœ… Read the notice number
βœ… Check the tax year
βœ… Compare it with your tax records
βœ… Respond by the deadline when required

Tax knowledge can save you MONEY and STRESS. πŸ’šπŸ’°

Have you ever received a letter from the IRS and had NO IDEA what it meant? πŸ‘€

Comment NOTICE below.

08/22/2026

Three letters to know cold before January. 🎯

Your clients WILL bring you these:

✍🏾 CP75 β€” EIC examination. 30 days. Most common if you serve an EIC-heavy base.

✍🏾 CP2000 β€” underreported income. 60 days.

✍🏾 Letter 4800C β€” credit examination. 30 days.

Now here's the part that catches people: 😳

The clock starts on the NOTICE DATE β€” not the day your client hands it to you.

Client sat on it three weeks? You got nine days, not thirty. πŸ‘€

Your 5-step process, every time:

1️⃣ Check the date on the notice. FIRST. Before anything. 2️⃣ Pull the file 3️⃣ Read what's actually bein' questioned 4️⃣ THEN call the client 5️⃣ Log it and file it

Never take that call cold. Pull the file first so you're answerin' from the record, not from memory. πŸ”₯

No shame if this is new β€” most of us never got taught the notice side of this work. 🀍

Save this one. You'll need it. πŸ‘‘

Which of these have y'all seen most? πŸ‘‡

08/22/2026

🚨 Parents, Tax Year 2026 comes with some updated numbers you’ll want to know BEFORE filing season gets here. πŸ’°

Here’s what the IRS has confirmed for returns we’ll file in 2027:

πŸ’΅ 2026 Standard Deduction
Single or Married Filing Separately: $16,100
Head of Household: $24,150
Married Filing Jointly: $32,200

πŸ‘ΆπŸΎ Maximum Earned Income Tax Credit
No qualifying children: $664
1 qualifying child: $4,427
2 qualifying children: $7,316
3 or more qualifying children: $8,231

πŸ§’πŸΎ Child Tax Credit
Up to $2,200 per qualifying child, with up to $1,700 potentially refundable through the Additional Child Tax Credit.

Now before y’all start calculating refunds in your head πŸ˜‚ remember: these are maximum amounts. Your actual credit depends on things like your income, filing status, qualifying children, and whether you meet all IRS eligibility requirements.

A higher credit limit does NOT automatically mean everybody is getting a bigger refund.

This is why we educate BEFORE we estimate. πŸ’―

Tax season will be here before we know it. Start getting your documents and records together NOW.

Who’s ready for Tax Season 2027? πŸ‘€πŸ’°

Waitlist Signup 08/09/2026

πŸš¨πŸ’° THE 2027 TAX WAITLIST IS NOW OPEN! πŸ’°πŸš¨

Tax season will be here before you know it, and Tax Lux Society is officially accepting clients for the 2027 Tax Season! πŸ’šβœ¨

Whether you’re a RETURNING CLIENT or a NEW CLIENT, now is the time to get on our waitlist!

✨ Get ahead of the tax season rush
✨ Receive important tax season updates
✨ Be notified when our client portal opens
✨ Get updates on documents you’ll need to prepare
✨ Be ready when it’s officially time to file!

πŸ’š New Clients β€” Welcome to Tax Lux Society!
πŸ’š Returning Clients β€” We can’t wait to serve you again!

πŸ“² CLICK THE LINK NOW TO JOIN THE 2027 TAX WAITLIST!

Good evening team! The 2027 Tax Season waitlist is now up.

Don’t wait until January to start getting ready. Tax season preparation starts NOW! πŸ’°πŸ“‘

Tax Lux Society
✨ Where Taxes Meet Luxury, Strategy & Results ✨

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Location

Telephone

Address

3343 Peachtree Road NE Suite 145
Atlanta, GA
30326

Opening Hours

Monday 10am - 6pm
Tuesday 10am - 6pm
Wednesday 10am - 6pm
Thursday 10am - 6pm
Friday 10am - 3:30pm
Saturday 10am - 1pm