Federal and Wisconsin start accepting tax returns on January 26, 2026. We will start preparing tax returns on January 19, 2026, and send them when the system starts. … Read More
No More Refunds by Check
The IRS has phased out paper refund checks. As of September 30, 2025, the U.S. Department of the Treasury ceased issuing paper checks for most federal payments, including tax refunds, as part of a government-wide initiative to modernize systems, reduce fraud, and lower costs. The IRS also plans to phase out accepting paper checks for … Read More
Trump Accounts for Children
Parents and guardians will be able to open Trump Accounts, a new retirement savings vehicle for children under the age of 18 with a valid SSN. A pilot program contribution of $1,000 will be available for children who are U.S. citizens and born from Jan. 1, 2025, to Dec. 31, 2028. Launching July 5, 2026 … Read More
Bigger Refunds are Expected
The primary reason for the potential increase is the “One Big Beautiful Bill Act” (OBBBA), signed into law in July 2025. The legislation included several retroactive tax cuts for the 2025 tax year, like no tax on tips, no tax on overtime, and no tax on Social Security. The IRS did not update the tax … Read More
