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The Disappearing Postmark: Understanding the New Compliance Risks for Taxpayers and CPAs
The traditional red-ink postmark, a long-standing symbol of "timely filing" in the eyes of the Internal Revenue Service (IRS), is undergoing a digital transformation. As the United States Postal Service (USPS) modernizes its infrastructure, the physical date stamp is increasingly being replaced by electronic tracking and simplified processing methods. While this shift aims for logistical efficiency, it creates a significant substantiation gap for taxpayers and tax professiona


Unlock Financial Clarity with Hawkeye’s Accounting and Tax Services for Real Estate Tax Advisory
Navigating the financial landscape of real estate investments can feel overwhelming. Between managing properties, tracking expenses, and understanding complex tax laws, it’s easy to lose sight of your financial goals. That’s where expert accounting and tax services come in. With the right support, you can unlock financial clarity, maximize your returns, and reduce your tax burden. Let me walk you through how specialized real estate tax advisory and accounting services can tra


How to Get Your Child Started with Trump Accounts: Claiming Your $250 Seed Funds
Building a financial foundation for your kids is one of the most rewarding things you can do as a parent. We all want our children to have a head start, whether that’s for college, buying their first home, or starting a business. Recently, a new savings tool has been making waves in the news: Trump Accounts . These accounts are designed to help American families jumpstart their children’s savings with a little help from the government and even some generous private donors. On


Unlocking the Power of the Real Estate Professional Status
Investing in real estate is one of the oldest and most reliable ways to build wealth. I’ve always said that most Americans should aim to buy at least one rental property a year. Between the appreciation, the mortgage pay-down, and the tax-free cash flow, it is hard to beat. However, once you start growing that portfolio, you’re going to hear a term thrown around in tax circles: the "Real Estate Professional Status" (REPS). This strategy is often called the "Holy Grail" of tax


Why a Side Hustle is Your Secret Weapon for Tax Savings and True Wealth
It’s a common conversation we have here at HawkEye Accounting and Tax: a client comes in, feeling the pinch of their annual tax bill, wondering if there is a "secret" the wealthy know that they don’t.


What to Expect This Tax Season: A Comprehensive Guide
Tax season has officially arrived.


Understanding Accounting and Tax Services
To help clear the air, here is a guide to the most common questions about the costs and differences between various tax services in 2026.


The Hidden "Gambling Tax" No One's Talking About
President Trump signed into law the sprawling One Big Beautiful Bill Act (OBBBA)—a 900‑page catch‑all with headline grabs like business tax cuts and Medicaid trimming.


💰 Ally Bank’s Savings Buckets: A Smarter Way to Organize Your Money
If you’ve ever tried juggling multiple savings goals in one account (or worse, across 5 different ones), you know how messy and...


Treasury Department to Halt Enforcement of Corporate Transparency Act Penalties for U.S. Companies
In a move aimed at reducing regulatory burdens on American businesses, the Treasury Department


BOI Reporting is Back: What Businesses Need to Know
If you thought Beneficial Ownership Information (BOI) reporting was on hold, think again. Recent legal developments have reinstated the...


2025 Mileage Rates Updated
The Internal Revenue Service has updated the optional standard mileage rates


Reinstatement of BOI Reporting Requirements Following the 5th Circuit Appeals Court Decision
In a recent development, the 5th Circuit Appeals Court has reinstated the Beneficial Ownership Information (BOI) reporting requirements...


How Do I Get My Credit Report For Free?
Okay this wasn't on my list of articles to write about but I have had multiple people in the last week to ask me, "How Do I Get My Credit...


The Tax and Legal Playbook: Game-Changing Solutions to Your Small Business Questions, 2nd Edition
Mark Kohler's book, "The Tax and Legal Playbook" provides practical legal and tax strategies for small business owners and entrepreneurs....


Learning is a Lifelong Endeavor
One of the biggest lessons that I learned from my parents was that "Learning is a Lifelong Endeavor." So this week I attended the Tax &...


Some of My Favorite Books
Thinking, Fast and Slow by Daniel Kahneman What I loved about this book: The groundbreaking research of Daniel Kahneman has...
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