KaiKei LLC

07/03/2026

01/27/2026

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01/27/2026

January 31, 2026 is the Deadline to electronically submit W2 and 1099s.

If you do not have a payroll software. Log in to your IRS.GOV account, add your business and submitt for FREE your tax documents to your employeers & contractors.

The IRS requires 1099 series forms and W-2s be delivered to recipients by February 2, 2026, since January 31, 2026, falls on a Saturday. Common exceptions: Forms 1099-B, 1099-S, and 1099-MISC (if reporting amounts only in Boxes 8 or 10) must be delivered by February 17, 2026

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01/27/2026

OBBBA 2025

One, Big, Beautiful Bill Act: Tax deductions for working Americans and seniors

Besides a higher Standard Deduction there's also:

° No Tax on Tip, up to $25k.
° No Tax on Overtime, only for the .5 over reg hourly pay.
° No tax on Car Loan Interest, US manufacture & purchase in 2025.
° Deduction for Senior, $6k if 65 years or older. Per Senior.

Keep yourself informed and ask your tax professional if you qualify for any of this new benefit/deductions.

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01/17/2026

This new deduction is "stacked" on top of the regular standard deduction and the existing extra deduction for seniors (which was $2,000 for singles and $1,600 per person for married couples in 2025).

Income Limits and Phase-Out

The deduction is subject to income-based phase-outs, meaning it reduces for higher earners: 

Single Filers: Phases out for individuals with a Modified Adjusted Gross Income (MAGI) over $75,000, and is completely eliminated for incomes above $175,000.

Married Filing Jointly: Phases out for couples with a combined MAGI over $150,000, and is completely eliminated for incomes above $250,000. 

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01/12/2026

Every return filled before Jan 26 stays on hold and will not be processed until the IRS opens.

If you claimed the EIC Earned Income Credit or the ACTC Addt Child Tax Credit, you can expect to get your refund by March 3.

Deadline for Tax Returns is Apr 15 for filling and paying your balance due.

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