What are the opening hours?

Monday 9am - 5pm Tuesday 9am - 5pm Wednesday 9am - 5pm Thursday 9am - 5pm Friday 9am - 5pm

Suntaxconsulting

Home
United States
Boca Raton, FL
Suntaxconsulting

With our unique international exposure, we provide clients with a One-Stop Solution

Tax, accounting, business services firm offering a wide range of personalized solutions, tailored to meet the expectations of the most demanding and sophisticated clients.

09/02/2026

🚨 New IRS Rules Proposed for Trump Accounts

The IRS wants Trump Accounts to focus on low-cost, diversified U.S. stock index funds and ETFs during a child’s growth years.

✅ Fees generally capped at 0.10%
✅ Broad U.S. index funds, such as the S&P 500
✅ No leveraged investments
✅ Eligible children born 2025–2028 may receive a $1,000 federal contribution

💡 A new tax-advantaged way to start building long-term wealth for your child.

SunTax Consulting
Tax Planning • Financial Planning • Tax Preparation

08/19/2026

🚨 IRS Introduces New Automatic Penalty Relief

Good news for taxpayers: the IRS has introduced a new Automatic Exemption from Penalty (AEP) process.

Starting with eligible 2025 tax-year returns and 2026 quarterly returns, certain taxpayers may receive penalty relief automatically — without calling the IRS or filing Form 843.

✅ May apply to:
• Failure-to-file penalties
• Failure-to-pay penalties
• Failure-to-deposit penalties

To qualify, taxpayers generally need a clean filing and penalty history for the prior 3 years.

This new system is designed to replace the traditional First Time Abate process for many eligible taxpayers.

⚠️ Not every penalty or tax return qualifies, and special rules apply during the 2026 transition period.

If you received an IRS penalty notice, don’t assume you have to pay it. You may qualify for penalty relief.

08/14/2026

⚠️ Tax Preparers: S-Corp Salary Issues Can Become Your Problem Too

Tax attorney shared a real-world case involving a CPA who prepared returns for 13 S-corp clients taking little or no reasonable salary.

Even though the CPA did not handle payroll and had repeatedly advised the clients to pay themselves reasonable compensation, the IRS assessed $130,000 in preparer penalties under IRC §6694.

The case was ultimately settled, but the CPA still lost $34,500 in payments and legal fees.

📌 Key takeaway: If an S-corp owner refuses to take reasonable compensation, document your advice and the client’s refusal in writing. Simply telling the client verbally may not be enough to protect the preparer.

This was an anonymized real-world enforcement case, not a published court precedent—but it is an important warning for tax professionals.

04/15/2026

Today’s the deadline!
A friendly reminder that federal tax returns are due April 15. If you need a little breathing room, filing an extension gives you until October — but payments are still due today. Stay compliant and stress-free!

03/07/2026

RAC Learning Series – March 10
Taxes Made Simple: A Guide to Your Tax Return
Free Online Seminar
📅 Tuesday, March 10, 2026
⏰ 7:00 PM | 💻 Live on Zoom

Join us as .grishchenko of breaks down the fundamentals of filing a tax return including required documents, common deductions, credits, and tips to avoid mistakes.

Free. Open to everyone. Practical knowledge for everyday success.
🌐 Register Now at www.RACsouthflorida.com

01/28/2026

🚨 2026 Tax Filing Season Officially Opened January 26 🚨

The IRS has announced that it began accepting and processing 2025 individual tax returns on January 26, 2026.

⚠️ Important updates this year:
✔️ New tax benefits under the One Big Beautiful Bill Act
✔️ New Schedule 1-A for tips, overtime, car loan interest & senior deductions
✔️ IRS staffing reduced by ~25% → expect delays
✔️ Paper refund checks are being phased out — direct deposit is key

💡 Early preparation matters more than ever this year.

If you want to maximize new deductions and avoid IRS delays, proactive planning is essential.

📞 Need help? SunTax Consulting is ready.

01/21/2026

One Big Beautiful Bill - Main Tax Highlights

01/19/2026

📢 Big Tax Update for Businesses! 📊

The IRS just released Notice 2026-11, giving interim guidance on the permanent 100% bonus depreciation under the One Big Beautiful Bill Act (OBBBA) — meaning many businesses can now fully expense eligible assets in the year they’re placed in service starting for property acquired after January 19, 2025! 🧾💼

✔️ What this means:
Business owners investing in qualifying equipment, machinery, software, vehicles, and more can deduct 100% of the cost in year one — accelerating tax savings and improving cash flow. 💰

✔️ Bonus options:
You can elect 40% or 60% depreciation instead of 100% in certain cases — helpful for long-term planning. 📆

This is a game-changer for capital investment planning in 2025 and beyond! 🚀

01/10/2026

📢 2026 Tax Filing Season Is Almost Here!

The IRS has announced that it will begin accepting and processing 2025 individual tax returns on January 26, 2026. 🗓️

Here’s what you need to know to get ready and avoid delays:

✅ Individual returns sent before Jan 26 will be queued and transmitted once processing begins
⏳ Acknowledgments may be slower at the start of the season due to high filing volume
🏢 Business returns will be accepted starting January 13, 2026 (9:00 a.m. ET)
📄 1041, 1120-H, and 709 returns open on January 18, 2026
📌 Individual filing deadline: April 15, 2026

💡 Pro tip: Early preparation = fewer surprises and faster refunds.

If you’d like help getting organized, optimizing your tax position, or filing accurately and on time, Suntax Consulting is here to help.
📩 Contact us today to prepare for a smooth filing season!

Address

2200 NW Corporate Boulevard Ste 205
Boca Raton, FL
33431

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Telephone

+17864385510

Website

https://suntaxconsulting.com/

Alerts

Be the first to know and let us send you an email when Suntaxconsulting posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Suntaxconsulting:

Want your business to be the top-listed Finance Company in Boca Raton?