LPM TAX Services

We are here to keep you informed!! PLEASE READ BELOW......

The IRS is cracking down on "Side Hustle Income" this tax season!

What is side hustle income? Side hustle income is any money earned outside of a normal W2 paycheck. This includes earnings from:

* Gig economy platforms: Uber, Lyft, DoorDash, Instacart
* Selling platforms: eBay, Etsy, Facebook Marketplace, Amazon
* Freelancing work: Design, editing, coding, marketing, consulting
* Social media income: YouTube, TikTok, affiliate income, sponsorship income
* Cash jobs and cash payment platforms: Venmo, PayPal, Zelle. The IRS expects all income received in exchange for a product or service to be reported, regardless of whether it was part-time, occasional, seasonal, or a hobby

It doesn't matter if the income was part-time, occasional, seasonal, or from a hobby; if income was received in exchange for a product or service, the IRS expects it to be reported. Platforms, marketplaces, payment processors, and banks all create records of transactions. The IRS uses a matching strategy where they compare what you report on your tax return with what third parties report about you. Mismatches trigger an automated flag.

Make sure to report any deposits you receive for a product or service so the IRS do not get a flag and you don't get an IRS letter.

Let's work together to make this tax season as smooth as possible!

With tax season approaching, here are some new changes to be aware of:

“One Big Beautiful Bill” - Bigger Refunds Expected and New Deductions
The "One Big Beautiful Bill" is fully in effect for the 2025 tax year (filed in 2026), and initial numbers project large refunds for many taxpayers.

Major highlights:

* Higher standard deductions: All filing statuses now qualify for increased standard deductions—helping boost refunds across the board.
* Expanded Earned Income Tax Credit (EITC): Updated income thresholds and rules may make more families eligible and increase refund amounts.
* Additional deduction for seniors: Taxpayers age 65+ can claim up to $6,000 in extra deductions to lower taxable income.
* New tips and overtime deductions: Workers in service and hospitality industries may qualify for new above-the-line deductions on eligible tips and overtime pay.

We are a virtual tax office, eager to help you maximize your 2025 tax refund (filed in 2026). For more information, visit

One, Big, Beautiful Bill provisions | Internal Revenue Service The One, Big, Beautiful Bill Act has a significant effect on your taxes, credits and deductions.

💵💵💵💵 Maximize Your Refund 💵💵💵💵

E-FILE WITH CONFIDENCE

It's easier than ever to file your taxes
File confidently with my virtual and in-person options that fit every schedule and type of filer.

Visit lpmtaxes.com or inbox me to get started

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The IRS will begin accepting returns 01/24/22. Returns with EITC (Earned Income Tax Credit) or CTC (Child Tax Credit) may have refunds delayed until March to verify credits.

Please keep in mind that if you received CTC advance payments from July through December you received half of your money upfront! Do not let that discourage you into thinking you can not receive an nice return!

Schedule an appointment today!

We are here to help you get the most out of your return. Remember it’s our job to service you!

GET THE MAX BACK WITH LPM TAX SERVICES

I offer expert tax service with or without an office visit. I love my clients! I have referral and loyalty programs to offer to help make this tax season a little more sweet 😘
The 1st day to file is January 24th so visit lpmtaxes.com to secure your in person or virtual appointment TODAY!! You can also ask me a any questions you may have. I'm here to help you with your tax needs. Get the MAXIMUM refund with LPM Taxe Services

2020 was a very hard year for everyone. I'm here to navigate the challenges that may have impacted your taxes. File your taxes with ease, from the comfort of your home/office.

Get your taxes filed before the extended deadline of May 17th!
For my Texas, Oklahoma, and Louisiana residents, due to the recent winter storms, the IRS has given them a special extension until June 15th.

Remember, the sooner you file, the quicker you will get your refund.

Sharing because we care....... spread the word

#stimulus #homelessness #shorts #eip If you are experiencing homelessness you are eligible for the stimulus payment also. Visit an IRS Volunteer VITA site and they will help you apply for an EIP...

Can't find time to get to an office to have your taxes filed?

No Worries, LPM Tax Services Virtual Office is here for you!

I look forward to continuing to help make EVERY tax season easy for all. Get the most every tax season with my guarantee to get you back the MAXIMUM refund allowed to you. I will make sure you get the credits you deserve. E-file your taxes from anywhere with our virtual office.

I want help make this tax season easy for you!! Inbox me to get started from the comfort of your home. A tax professional you can trust.

Even though the 1st filing date isn't until February 12th, I am still collecting your information to get you in the system and among the FIRST to get your returns.

If you have your financial documents, contact me TODAY! If you are still waiting for your financial documents, you can still contact me to get your basic information in the system. Let me help you get the MAXIMUN REFUND!!