Consumers Wealth Tax Solutions

The IRS officially opens January 26th! That’s the day they begin processing tax returns.

If you’re self-employed, or already have your W-2, you can get a head start on your tax refund now.

File your taxes with me today!
📱 (706) 588-6355
🌐 www.consumerswealthtaxsolutions.com

BIG Tax Update for Business Owners

If your business invests in improvements, new products, software, training systems, technology, or any type of innovation, this is for YOU.

Starting in 2025, businesses can immediately deduct all domestic Research & Experimental (R&E) expenses in the year they occur.
(No more spreading deductions over 5 years!)

This can include:
• New product or service development
• Software or app development
• Process or workflow improvements
• Quality testing
• Research related to new offerings or systems

Why this matters:
Instead of waiting years to write off these costs, you can deduct them upfront, which can lower your taxable income and increase your available cash for business growth.

This update is especially beneficial for:
✔ Small businesses
✔ Startups
✔ Tech-focused companies
✔ Beauty & product-based brands
✔ Transportation & logistics companies
✔ Any business developing new processes, systems, or services

A few quick notes to stay compliant:

• This applies to U.S.-based research only
• An election may be required on your return
• Some businesses may qualify to amend 2022–2024 returns
• Proper documentation is still needed to support R&E expenses

If you want to see whether your expenses qualify under these new rules, message me, I can break it down for your business specifically.

Did you know you can legally reduce your taxable income just by tracking your everyday business expenses properly?

Here’s a quick example:

If you’re self-employed or run a side hustle, things like:

• Home office supplies
• Business mileage
• Software subscriptions
• Marketing expenses
• Continuing education
can all qualify as tax-deductible!

Pro Tip:
Keep digital receipts and track everything in one app or spreadsheet. When it’s time to file, you’ll thank yourself, and your refund will too.

Stay tuned weekly for more quick tax gems, IRS updates, and refund-saving strategies you can actually use all year long.

📣 TAX SEASON 2026 UPDATE 📣

The IRS has officially announced that Tax Season will begin on February 16, 2026.

This delayed start means:
✔️ Later refund processing
✔️ Stricter return reviews
✔️ Increased audit awareness

Now more than ever, it’s important to plan ahead and work with a knowledgeable tax professional who can guide you through every step of the process.

✨ Don’t wait for the rush, start preparing early.

Whether you’re filing personal taxes or handling business returns, getting organized now puts you ahead of the game.

📑 Gather your documents
📆 Schedule your appointment
🔐 Protect your refund

Let’s make this tax season your smoothest yet!

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📲 Book your tax preparation services with Consumers Wealth Tax Solutions LLC
📍 All 50 States
📞 (706) 588-6355
[email protected]