Williams Tax & Bookkeeping Services

10/13/2026

Tax Tip Tuesday:

Have you taken your Required Minimum Distribution (RMD) for Tax Year 2026 yet?

Individuals who turn age 73 in 2026 are required to begin taking a Required Minimum Distribution (RMD) from their retirement accounts. This includes traditional IRAs and employer-sponsored plans like 401(k)s.

10/06/2026

Tax Tip Tuesday:

Did you file an extension for your personal income taxes this year? Your deadline is quickly approaching! The due date for filing personal tax returns after requesting an extension is October 15.

10/01/2026

Great news for Ohio Employers!

Dividend checks are on the way!

The Ohio Bureau of Workers’ Compensation (BWC) is mailing out paper checks throughout October as part of a recently approved $1 billion dividend for Ohio employers.

This dividend represents approximately 90% of premiums paid in policy year 2022 and reflects BWC’s strong investment performance.

09/29/2026

Tax Tip Tuesday:

Pumpkin spice isn't the only thing that comes around every fall… tax planning season does too!

Don't wait until January to start thinking about your taxes. A little preparation now can make the months ahead much smoother.

09/22/2026

Tax Tip Tuesday:

Myth vs. Fact

Myth: “I'll just worry about my taxes when tax season arrives.”

Fact: Some of the best tax-planning opportunities happen before the year ends!

Tax planning isn't just about filing your return—it's about making informed decisions throughout the year.

09/15/2026

Tax Tip Tuesday:

Don't fall victim to a scam. The IRS will never call or email you! If you have encountered this, be sure to report it. See link below.

https://www.irs.gov/help/report-fraud/report-fake-irs-treasury-or-tax-related-emails-and-messages

If you get a phishing email or suspicious message that claims to be from the IRS or the Treasury Department or is tax-related, report it. You can help shut down scams.

09/14/2026

09/08/2026

Tax Tip Tuesday:

How have you been doing with your retirement contributions so far this year? In 2026, the 401(k) limit on employee salary deferrals is $24,500. If you’re age 50 or older, you can add an extra $8,000, for a total of $32,500 in catch-up contributions. Maximizing your 401(k) contributions reduces your taxable income!

09/01/2026

Tax Tip Tuesday:

Are you self-employed or earning income without taxes being withheld?

Don't forget 3rd quarter tax estimates are due on September 15th!

08/25/2026

Tax Tip Tuesday:

Effective July 1, 2026, the IRS Standard Mileage rate increased from $.725/mile to $.76/mile.