RPM Capital Management

06/16/2026

💡 Did You Know? You May Be Able to Correct a Tax Return After It's Filed!

If you've already filed your federal tax return and later discover a mistake, don't panic. The IRS offers tools to help taxpayers determine whether an amended return is needed.

Common reasons to amend a return may include:
✔️ Missing income or deductions
✔️ Filing status errors
✔️ Incorrect credits claimed
✔️ Updated tax documents received after filing

Before filing an amended return, use the IRS "Should I File an Amended Return?" tool to help determine whether a correction is necessary.

🔗 Learn more and access the IRS Interactive Tax Assistant here:
https://www.irs.gov/help/ita/should-i-file-an-amended-return

Taking a few minutes to review your situation could save you time, money, and unnecessary paperwork.

Determine if you should file an amended return to correct an error or make other changes to your return.

06/08/2026

💡 DID YOU KNOW? 💡

The IRS has announced higher Health Savings Account (HSA) contribution limits for 2027.

📈 2027 HSA Contribution Limits:
✔️ Individual Coverage: Up to **$4,500**
✔️ Family Coverage: Up to **$9,000**
✔️ Age 55+? You may be eligible for an additional **$1,000 catch-up contribution**.

Read the full article here:

The IRS has increased the health savings account limits for 2027. Here's what you need to know.

06/03/2026

☀️ Summer Fun Can Impact Your Taxes! ☀️

While most people are focused on vacations, camps, weddings, and summer jobs, the IRS reminds taxpayers that many common summer activities can have an impact on next year's tax return.

A few examples include:
✅ Summer day camps may qualify for the Child and Dependent Care Credit
✅ Seasonal and part-time jobs can affect filing requirements and potential refunds
✅ Gig work and side hustles may generate taxable income and Form 1099 reporting
✅ Marriage and address changes should be updated with the appropriate agencies
✅ Business travel may qualify for tax deductions for eligible taxpayers

The key is keeping good records now so you're prepared when tax season arrives.

Learn more from the IRS here:
[Summer Fun Has Begun: How Common Activities Could Impact the Next Tax Return](https://www.irs.gov/newsroom/summer-fun-has-begun-how-common-activities-could-impact-the-next-tax-return?utm_source=chatgpt.com)

Tax Tip 2026-43 May 26, 2026 — Summer hasn’t officially started, but summertime events and happenings certainly have. Most people aren’t thinking about taxes when there’s summer fun to be had, but there’s some common activities that could impact taxpayers in the next filing season.

05/25/2026

05/19/2026

⚠️ Be cautious of “tax deduction calculators” and online tools promising huge savings under the new tax law changes. Scammers and misleading websites are already taking advantage of confusion surrounding the “One Big Beautiful Bill” and other recent tax updates.

Before relying on any calculator or tax-saving estimate, make sure the source is legitimate and IRS-backed. If something sounds too good to be true, it probably is.

The IRS recently shared guidance on how to spot fake tax deduction calculators and protect your personal and financial information:

https://www.irs.gov/newsroom/how-to-spot-fake-tax-deduction-calculators-exploiting-the-new-tax-law-under-the-one-big-beautiful-bill

📊

FS-2026-09, March 2026 — The IRS warns taxpayers annually about new and evolving scams, fraud, and misleading schemes designed to steal taxpayers’ money and personal information. With recent provisions under the One, Big, Beautiful Bill changing credits, deductions, and eligibility rules, some s...

05/08/2026

It’s National Small Business Week! 🎉

Small businesses are the backbone of our communities, and the IRS has shared helpful tools and resources designed specifically for entrepreneurs, self-employed individuals, and business owners.

Whether you’re just starting out or managing a growing business, staying organized and informed can make a huge difference during tax season and throughout the year.

Check out the IRS Small Business Week resources here:

Tax Tip 2026-38, May 7, 2026 — Being a small business owner or entrepreneur can be a heavy lift sometimes. Fortunately, there’re several tools and resources that can help them manage their tax responsibilities efficiently.

04/29/2026

Waiting on your tax refund? Here are 2 easy ways to check your status 👇
1️⃣ Online:
Use the IRS “Where’s My Refund?” tool for the fastest update.
👉 https://www.irs.gov
2️⃣ By Phone:
Call the IRS refund hotline at 800-829-1954 to check your status.

Pay your taxes. Get your refund status. Find IRS forms and answers to tax questions. We help you understand and meet your federal tax responsibilities.

04/01/2026

🚨 This is **NO April Fools joke** 🚨

The IRS is warning taxpayers about scams tied to the *“One Big Beautiful Bill”* and other tax changes. With all the confusion around new credits and deductions, scammers are taking advantage—especially on social media.

⚠️ Watch out for:
• Promises of “easy” or “guaranteed” refunds
• Messages claiming you qualify for credits you’ve never heard of
• Requests to click links or share personal info

The IRS reminds us they **do NOT contact you first by email, text, or social media**—that’s a major red flag. ([IRS][1])

Falling for these scams can lead to penalties, denied refunds, or worse.

👉 Stay informed and protect yourself:
[https://www.irs.gov/newsroom/tax-scams-to-watch-for-related-to-the-one-big-beautiful-bill](https://www.irs.gov/newsroom/tax-scams-to-watch-for-related-to-the-one-big-beautiful-bill)

Don’t let scammers turn tax season into a nightmare. Share this to help others stay safe! 🔐

IR-2025-90, Sept. 8, 2025 — The Internal Revenue Service is alerting taxpayers about a growing number of fraudulent tax schemes circulating on social media that promote the misuse of credits such as the Fuel Tax Credit and the Sick and Family Leave Credit.