DP Financial & Tax

New IRS mileage rates are now in effect as of July 1, 2026. Business rate: 76¢/mile (up from 72.5¢); Medical/moving: 23.5¢/mile; Charitable: 14¢/mile. If you track vehicle expenses for deductions, update your records and mileage calculations to reflect the change. Read the full details: https://wix.to/rUwjL84

Higher IRS Mileage Rates Take Effect Due to rising fuel costs, the IRS has increased the 2026 cents-per-mile rates for calculating certain vehicle deductions. Effective July 1, 2026, the standard mileage rate for the business use of a car, SUV, van, pickup truck or panel truck is 76 cents per mile, up from 72.5 cents per mile for the f...

New savings option for kids: Section 530A (aka Trump Accounts) are here to help families build long-term assets — and some children may qualify for a $1,000 government-funded deposit. Learn the basics, eligibility, and how to get started in our short guide. Read more: https://wix.to/okZDhck

A New Type of Tax-Advantaged Account for Children Families looking for another way to save for a child’s future may want to consider Section 530A accounts. Created by the 2025 tax legislation commonly referred to as the One Big Beautiful Bill Act, these tax-advantaged savings accounts, also known as Trump Accounts, are designed to help children b...

We’re hiring!

DP Financial & Tax is looking for a full-time Staff Tax Accountant to join our team in Tulsa.

DP Financial & Tax hiring Staff Tax Accountant in Tulsa, OK | LinkedIn Posted 4:56:08 PM. Company Description At DP Financial & Tax, financial success is built on long-term, trusted…See this and similar jobs on LinkedIn.

Using your car for business? Learn which vehicle expenses you can deduct and how to maximize tax savings while staying compliant. Read our quick guide to make the most of your business vehicle use. https://wix.to/8Jj1SKi

How Vehicle Expenses Can Be Deducted for Business Use If you use your vehicle for business purposes, you may be able to deduct some of the costs associated with operating it. These deductions can help lower your taxable income and reduce the amount you owe at tax time. Educating yourself on vehicle expense deductions can help you take advantage of valu...

Worried about an IRS audit? Our latest blog breaks down the top risk areas for small businesses and practical steps to reduce exposure. Read actionable tips to protect your books, deductions, payroll practices, and documentation. Learn more: https://wix.to/m8p7yZU

Reducing IRS Audit Risk for Small Businesses When business owners think about risk, they often focus on market pressures or operational challenges. An IRS audit usually isn’t top of mind — but it can be costly, disruptive and time-consuming. Although some taxpayers are randomly selected for an audit, many audits occur because the IRS has i...

Tax season doesn’t have to be chaotic. Learn simple year‑round habits businesses can adopt to stay organized, reduce stress, and avoid costly mistakes when filing. Read our quick guide: https://wix.to/F7ndoyl

How Businesses Prepare for Tax Season Throughout the Year Tax season may seem like a once-a-year or once-a-quarter event, but preparing for it should be part of your routine throughout the year. Waiting until the final weeks before filing deadlines can create unnecessary stress, increase the risk of missing records, and make mistakes more likely. Understan...

Unlock the benefits of the new car tax deduction! Find out how you might be able to deduct your car loan interest under the One Big Beautiful Bill Act. Are you eligible? Discover what you need to know here: https://wix.to/h6E92p9

The New Car Tax Deduction - How Does it Work? Generally, except for home mortgage interest, personal interest expense isn’t deductible for federal income tax purposes. With the passage of the legislation commonly known as the One Big Beautiful Bill Act (OBBBA), another exception has been added. That is, you might be able to deduct your car lo...