Alamo Bookkeeping, LLC

The April 15 tax filing deadline has arrived. Do you still need to pay your federal tax bill? The offers multiple easy payment options.

Head on over to www.irs.gov/payments

📌 Quarterly Estimated Taxes Are Due Today

If you’re self-employed, own a business, or earn income without taxes being withheld—today is the deadline to make your quarterly estimated tax payment.

Avoid penalties and stay on track with the IRS by submitting your payment on time.

✔️ Who should pay?
• Self-employed individuals
• Independent contractors
• Small business owners
• Anyone with additional untaxed income

Not sure how much to pay or behind on estimates? We can help you get on track and stay organized for the rest of the year.

Alamo Bookkeeping, LLC
📞 210-980-0610
📧 [email protected]
🌐 Alamobookkeeping.com

Stay compliant. Stay organized.

📢 Waiting on Your Tax Refund?

If you’re claiming the Earned Income Credit (EIC) or the Additional Child Tax Credit (ACTC), the IRS is required by law (PATH Act) to hold your refund until mid-February.

✔️ This applies even if you file early.
✔️ It does NOT mean there’s a problem with your return.
✔️ It’s a federal anti-fraud rule — not a tax office delay.

Most refunds with these credits start releasing after mid-February.

HSAs are always beneficial!

📌📌

🕵️ The IRS Uses Algorithms to Flag Returns

The Internal Revenue Service uses a computer scoring system called the DIF (Discriminant Function System) to review tax returns.

Here’s the simple version:
• Every return gets a risk score
• The system compares your return to others with similar income levels
• Returns that look “unusual” get a higher audit potential score
• Higher score = higher chance of being reviewed

It’s not random.
It’s data-driven pattern matching.

For your clients, the real takeaway is this:

👉 Big income swings
👉 Deductions way above industry averages
👉 Large Schedule C losses
👉 High cash businesses

Those are the types of things that raise flags.

Clean books lower risk.
Sloppy books increase it.

📅 Key 2026 Business Tax Deadlines (Federal)

🧾 Return Filing Deadlines (for 2025 tax year)

📍 March 17, 2026
• Partnerships (Form 1065) – Calendar-year partnership returns due
• S Corporations (Form 1120-S) – Calendar-year S-Corp returns due
👉 Deadline moves from March 15 because it falls on a Sunday 

📍 April 15, 2026
• C Corporations (Form 1120) – Calendar-year C-Corp returns due
• Sole proprietorships & single-member LLCs – File with owner’s personal return (Form 1040) by this date
• Pay any tax due 

⏱ Extensions
• Partnerships & S-Corps (extension): September 15, 2026
• C Corps & Sole proprietors (extension): October 15, 2026
👉 Extensions give more time to file, but not more time to pay owed taxes. 

🖨 Other Important Reporting Deadlines
• February 2, 2026 – Employers must issue W-2s to employees and 1099-NEC to contractors (original Jan 31 date shifts because it falls on a weekend). 

📌 Notes & Tips
• These dates are federal U.S. deadlines; if your business has state or local tax requirements, those may have separate dates.
• Filing by the original deadline (even if you file an extension) helps avoid penalties and interest.
• Dates can shift if they fall on weekends or federal holidays. 

📌📌

📆 Estimated Direct Deposit Refund Dates (if accepted on X date)

****Although my clients that filed on the 26th started getting their refunds Monday Feb 2****

These are typical timelines based on IRS processing standards (actual deposits vary by bank)

📌 Special Notes
• The IRS is phasing out paper refund checks — direct deposit or electronic payment methods are the fastest and default option for most taxpayers. 
• If you claim refundable credits like the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC), the IRS generally won’t issue that portion of your refund until early March even if you file earlier. 
• You can check your personal projected deposit date any time using the IRS Where’s My Refund? tool (online or via IRS2Go) — it updates once per day when your return is processing. 

👍 Child Tax Credit Amounts (2025 tax year)

Maximum credit per qualifying child:
• $2,200 per child under age 17 at the end of 2025 — up from $2,000 in prior years due to recent tax law changes. This amount is now indexed for inflation starting in 2025. 

💰 Refundable Portion (Additional Child Tax Credit)
• If your total tax liability is less than the full credit, you may be eligible for a refundable amount known as the Additional Child Tax Credit (ACTC).
• For 2025, the refundable limit is up to $1,700 per child. 

📊 Income Limits & Phase-outs
• To receive the full $2,200 credit, your modified adjusted gross income (MAGI) must be below:
• $200,000 if filing as single,
• $400,000 if filing jointly.
• The credit gradually phases out above those income thresholds. 

🧒 Qualifying Child Rules

To qualify for the credit, each child must generally:
• Be your dependent,
• Be under age 17 at the end of the tax year,
• Have a valid Social Security Number,
• Live with you for more than half of the year, and meet IRS relationship/support tests. 

🧾 How It Works This Year
• Unlike some earlier pandemic-era rules, the 2025 CTC does not include monthly advance payments — it’s claimed when you file your tax return. 

📊 Small Business Owners — Is Your Bookkeeping Behind?

If your QuickBooks is messy, behind, or stressing you out, I can help.

I’m an experienced bookkeeper in San Antonio offering:

✔ QuickBooks cleanup & catch-up

✔ Monthly bookkeeping

✔ Reconciliations

✔ Tax-ready financial reports

📩 Message me today for a free bookkeeping review.

210-980-0610 (text)
[email protected]