Kevin O. Garrett, CPA PC

09/22/2026

REMINDER: IF AN EXTENSION WAS FILED FOR YOUR 2025 PERSONAL TAXES, WE WILL NEED ALL OF YOUR TAX INFORMATION TO US BY OCTOBER 1ST TO AVOID LATE PENALTIES.

02/27/2026

REMINDER: IF YOU HAD OVERTIME IN 2025 AND IT IS NOT LISTED ON YOUR W-2, PLEASE BRING IN YOUR LAST PAY STUB.

11/26/2025

11/06/2025

Clients
Year-end Tax Planning is available. Call us to schedule!

09/02/2025

Attention:
We are taking on new clients. Please call us for more information! 712-243-4187

08/18/2025

The credits for new and previously owned clean vehicles terminate for vehicles acquired after Sept. 30, 2025. The credit for qualified commercial clean vehicles also terminates for vehicles acquired after Sept. 30, 2025.

08/17/2025

The residential clean energy expenditures credit is terminated for any expenditures made after 2025.

08/15/2025

For payments made after 2025, the reporting thresholds for Forms 1099-NEC and 1099-MISC are increased from $600 to $2,000 (adjusted for inflation after 2026).

08/13/2025

For property placed into service after 2024, the Code Sec. 179 expensing limits are increased to $2,500,000 and the phasedown threshold is increased to $4,000,000 (both subject to inflation adjustments).

08/11/2025

The Act makes additional first-year (bonus) depreciation for certain qualified property permanent at 100% (under prior law, it was to phase out to zero). This provision is effective for property acquired after Jan. 19, 2025.