QBS Tax Services

Happy Holidays

Does your have employees who receive tips or work overtime? For tax year 2025, the and Treasury are giving employers penalty relief on information reporting requirements for qualified overtime and cash tips. This transition period gives more time to employers so they can update their systems or put procedures in place.

Get the latest details on this change under the One, Big, Beautiful Bill at
https://ow.ly/3pSn50XAVry.

How To: Change or Sign Up for Direct Deposit If you currently receive Social Security benefits and you have a bank account, starting or changing your direct deposit is quick, secure, and easy with a per...

So you've checked "Where's my refund?" and you're return has been delayed. There are many reasons this could happen, including being held for possible ID Theft. This we want to help you understand: https://ow.ly/YnNF50Vi8GM

Be cautious of advice on social media that promises big refunds if you claim certain tax credits. This information is often wrong and may lead to refund delays or penalties.

Before you file a claim based on online advice, check www.irs.gov/scams.

In celebration of one of the most famous signatures of all, we're reminding taxpayers - if someone else prepares your tax return, they need to "put their John Hancock" on the signature line. Learn more: https://ow.ly/Hu9950UL7km