Thomas Wells Co.

Thomas Wells Co. Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Thomas Wells Co., Financial service, 4717 Hondo Pass Drive, El Paso, TX.

09/04/2026

Day 3 of 122 | Daily Dose of Tax Tips

Age 65 or older? There’s a new deduction for 2026 you need to know about.

Eligible taxpayers age 65 and older may qualify for an additional senior deduction of up to $6,000 per person.

For a married couple where both spouses qualify, that could mean up to $12,000.

But here’s the important part:

The new senior deduction is separate from the existing additional standard deduction for taxpayers age 65 or older.

That means qualifying taxpayers may be able to benefit from both.

Tax preparers: Don’t simply see “65+” and move on. Verify eligibility, understand how the deductions work together, and make sure you’re capturing every deduction your client qualifies for.

Taxpayers: If you or your spouse are 65 or older, this is one of the 2026 changes you’ll want to ask about when preparing your return.

Tomorrow for Day 4: There’s a $25 number in the 2026 Head of Household tax brackets that some published charts have wrong. We’re breaking it down.

One topic. Every day. Through December 31.

Watch the full Daily Dose of Tax Tips series and subscribe to Thomas Wells Co. on YouTube.

https://www.youtube.com/

Learn the rules. Prepare with confidence. Succeed with a system.

09/03/2026

Your 2026 standard deduction just changed. Save these numbers.

💰 MFJ / Qualifying Surviving Spouse: $32,200
💰 Head of Household: $24,150
💰 Single / MFS: $16,100

But here’s the part tax preparers need to remember:

Personal exemption = $0
Qualifying relative gross income test = $5,300

Don’t confuse the two.

And don’t assume standard is automatically better.

Run the comparison.

Day 2 of 122 | Daily Dose of Tax Tips

One topic. Every day. Through December 31.

Watch the full series on Thomas Wells Co. YouTube

09/03/2026

5 changes you NEED to know for your 2026 tax return.

Tips: $25,000
Overtime: $12,500/$25,000
Senior deduction: $6,000 each
SALT: $40,400
Charitable giving: new 0.5% AGI floor

That last one matters. At $200K AGI, the floor is $1,000.

Day 1 of 122 — Daily Dose of Tax Tips.

One topic. Every day. Through December 31.

Full series on Thomas Wells Co. YouTube https://www.youtube.com/

DAY 2 OF 122 | DAILY DOSE OF TAX TIPS Do you know how much of your income may already be protected by the standard deduc...
09/02/2026

DAY 2 OF 122 | DAILY DOSE OF TAX TIPS

Do you know how much of your income may already be protected by the standard deduction before you even start looking at itemized deductions?

For the 2026 tax year, the standard deduction is:

Married Filing Jointly / Qualifying Surviving Spouse: $32,200
Head of Household: $24,150
Single / Married Filing Separately: $16,100

But here’s what most people don’t realize: the standard deduction isn’t automatically the best choice for every taxpayer.

Tax preparers, run the numbers. Compare the standard deduction to your client’s potential itemized deductions instead of assuming last year’s answer is still the right answer.

Taxpayers, this is why keeping good records matters. Mortgage interest, state and local taxes, charitable contributions, and certain medical expenses could affect whether itemizing makes sense for you.

Subscribe to Thomas Wells Co. on YouTube and follow along for a new tax tip every day.

https://www.youtube.com/

Question: Do you normally take the standard deduction or itemize? Tell me in the comments.

Tomorrow: Day 3 — the extra deduction for taxpayers age 65 and older and how it stacks.

Five major tax changes are coming for the 2026 tax return—and whether you prepare taxes or file your own return, these a...
09/02/2026

Five major tax changes are coming for the 2026 tax return—and whether you prepare taxes or file your own return, these are changes you need to know.

Welcome to Day 1 of 122 of the Daily Dose of Tax!

Today, we’re covering 5 major changes:
✓ Tips deduction — up to $25,000
✓ Overtime deduction — up to $12,500 single / $25,000 married filing jointly
✓ Senior deduction — up to $6,000 per eligible taxpayer
✓ SALT deduction cap — up to $40,400
✓ New charitable giving rules

Tax preparers: Now is the time to update your intake forms, checklists, and client questions. Don’t wait until tax season to realize you’re working from last year’s process.

Taxpayers: Understanding these changes now can help you ask better questions and prepare before it’s time to file.

I’m sharing a new tax tip every day for 122 days to help you learn the rules, prepare with confidence, and get ready for tax season.

Follow Thomas Wells so you don’t miss Day 2.

Thinking about becoming a tax preparer? Comment TAX below.

Learn. Prepare. Succeed.

08/11/2026

AI Business Consulting

Have you ever wondered how AI could actually help your business—not just create content, but help you save time, improve your systems, and operate more efficiently?

That’s where I come in.

At Thomas Wells Co., I help entrepreneurs and small business owners identify practical ways to use AI in their everyday operations.

Through my AI Business Consulting services, I can help with:

* AI Strategy & Roadmaps
* Workflow & Process Automation
* AI Content & Video Creation
* Customer Communication & Follow-Up Systems
* AI-Powered Business Insights
* Business Systems & Process Improvement

AI isn’t about replacing the human side of your business. It’s about creating smarter systems that reduce repetitive work, improve efficiency, and give you more time to focus on your clients and growth.

Systems create freedom—and AI can become part of the system.

Ready to find out where AI could make the biggest impact in your business?

Book an AI Business Consultation with Thomas Wells Co.

📞 (915) 955-1280
📧 [email protected]
🌐 thomaswellsco.com

Clarity. Strategy. Systems. Growth.
Build a legacy, not just income.

Accuracy Is More Important Than SpeedMany new tax professionals believe the goal is to finish as many tax returns as pos...
08/08/2026

Accuracy Is More Important Than Speed

Many new tax professionals believe the goal is to finish as many tax returns as possible.

Experienced professionals know something different.

The goal isn't speed.

The goal is accuracy.

A carefully prepared return protects your client, builds trust, and strengthens your reputation.

Every return should answer three questions:

✔ Is it accurate?

✔ Is it complete?

✔ Is it supported by the documentation?

Clients don't remember how quickly you finished.

They remember whether you were thorough, confident, and dependable.

Your reputation is built one tax return at a time.

Accuracy creates trust. Trust builds lasting client relationships.

Tax Software Doesn't Replace a Tax Professional—It Makes Them More EfficientOne of the biggest misconceptions about tax ...
08/02/2026

Tax Software Doesn't Replace a Tax Professional—It Makes Them More Efficient

One of the biggest misconceptions about tax preparation is that software does all the work.

It doesn't.

Tax software calculates.

A tax professional analyzes.

Knowing which questions to ask, which deductions apply, which forms are required, and how tax law affects each client's situation is where real value is created.

Technology is a tool—not a replacement for expertise.

The best tax professionals combine knowledge, experience, and technology to deliver accurate returns and trusted guidance.

That's why continuing education is one of the most valuable investments you can make in your career.

Software prepares returns. Professionals prepare solutions.

Could Tax Preparation Become Your Next Income Stream?When people think about starting a business, they often imagine ope...
08/01/2026

Could Tax Preparation Become Your Next Income Stream?

When people think about starting a business, they often imagine opening a storefront, creating a product, or investing thousands of dollars.

Few people consider tax preparation.

Yet every year, millions of individuals and business owners are required to file tax returns. They need someone they can trust to help them navigate an increasingly complex tax system.

Tax preparation offers opportunities to:

Generate seasonal income
Start a home-based business
Expand into bookkeeping and tax planning
Build long-term client relationships
Create recurring revenue beyond tax season

The most successful tax professionals don't simply prepare returns—they become trusted advisors who help clients make better financial decisions.

Every successful practice begins with learning the fundamentals.

If you could start a business with one new skill, what would it be?

Facebook & Instagram Post
Looking for a business you can start with knowledge instead of inventory?

Tax preparation is one of the few service businesses that can grow from a seasonal side hustle into a full-time career.

Here's why many professionals choose this path:

✔ Work from home or an office

✔ Build recurring client relationships

✔ Help individuals and small businesses

✔ Expand into bookkeeping, tax planning, and business consulting

✔ Create income while making a real difference in people's financial lives

The opportunity isn't just preparing tax returns.

It's building trust, solving problems, and creating a business that can grow year after year.

💬 Would you ever consider starting a tax preparation business? Why or why not?

April showed up and told you the truth about your tax bill. 👀You worked the whole year. You closed deals, deposited comm...
05/01/2026

April showed up and told you the truth about your tax bill. 👀

You worked the whole year.

You closed deals, deposited commissions, built your pipeline — and tax season walked in and reminded you that being a 1099 earner has a cost most brokers never explain.

If you closed $500K in commissions last year, your tax liability could be anywhere from $120,000 to $175,000 — depending on your structure and deductions. Most agents find out in April. That is too late.

The move isn't panic. The move is a plan. Your money deserves a strategy.

DM me the word PLAN and let's change what next April looks like.

Address

4717 Hondo Pass Drive
El Paso, TX
79904

Telephone

+19159551280

Website

Alerts

Be the first to know and let us send you an email when Thomas Wells Co. 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 Thomas Wells Co.:

Shortcuts

Share

Category