Infinity Tax & Financial Services

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Infinity Tax & Financial Services We are a full-service tax & accounting firm. We also offer financial services such as bookkeeping, payroll & much more!

Providing tax prep services such as individual & business tax returns & property, state, sales tax, and franchise tax returns. Infinity Tax & Accounting is your trusted partner for all your accounting services and financial needs. With 28 years of experience and a dedicated team of experts, we offer a comprehensive range of services to businesses and individuals. Whether you need tax preparation, bookkeeping, payroll services, or IRS help, we have you covered. We take pride in our professional expertise and our ability to provide IRS help, resolving your tax-related issues with ease. Our expert team is committed to providing personalized solutions tailored to your specific financial goals. Contact us today to schedule a consultation and experience the Infinity Tax & Accounting difference.

Two bookkeeping quotes can cover very different amounts of work.Ask whether monthly reconciliation and financial reports...
10/21/2026

Two bookkeeping quotes can cover very different amounts of work.

Ask whether monthly reconciliation and financial reports are included. Find out how questions are handled and whether cleanup, payroll support or additional accounts cost extra.

Truck drivers should also ask whether the bookkeeper understands the records and expenses involved in a trucking business.

Choose a service you understand and can use. Contact Infinity if you would like to discuss your bookkeeping needs.

For qualifying contractor payments made during 2026, the general Form 1099-NEC reporting threshold increased from $600 t...
10/19/2026

For qualifying contractor payments made during 2026, the general Form 1099-NEC reporting threshold increased from $600 to $2,000 per payee for the year.

Exceptions still apply, and payment method and payee classification can affect reporting. A reporting threshold also does not determine whether income is taxable.

Keep your contractor records and payment totals current. Before deciding that a form is unnecessary, review the specific requirements with your tax professional.

Save this reminder for your year-end review.

If you still have an unfiled return, waiting until you can pay the entire tax bill can make the situation more expensive...
10/16/2026

If you still have an unfiled return, waiting until you can pay the entire tax bill can make the situation more expensive.

Filing and paying are separate obligations. Get the return filed, pay what you can and explore the IRS payment options that may fit your situation. Interest and applicable penalties can continue on the unpaid balance.

If you are unsure where to start, reach out to Infinity. We can help you understand which records and next steps need attention.

10/15/2026

Self-employed and using a vehicle for business? You may be able to calculate eligible vehicle expenses with the standard mileage rate or the actual-expense method.

For 2026, the business mileage rate is 72.5 cents per mile from January 1 through June 30 and 76 cents per mile from July 1 through December 31. Keep those periods separate in your mileage records.

Actual expenses may include the business share of eligible fuel, insurance, repairs, registration, lease costs, or depreciation. Standard mileage can be simpler, but it still requires a timely mileage log. Business parking and tolls may generally be added separately.

The larger number is not the only consideration. Rules for owned and leased vehicles, prior depreciation choices, business-use percentage, and commuting can affect what you are allowed to claim now and later.

Before filing, compare both methods and review the history of the vehicle with a tax professional.

You should understand what you are agreeing to when you hire someone to prepare your taxes.Ask what documents are needed...
10/14/2026

You should understand what you are agreeing to when you hire someone to prepare your taxes.

Ask what documents are needed, how to provide them securely, how you will communicate and what the quoted fee includes. Leave room to review your return and ask questions before authorizing filing.

Clear expectations help both you and your preparer. If you are looking for tax preparation support, contact Infinity at infinityta.com.

10/13/2026

Fuel receipts in the console, toll charges in an online account, and repair invoices in three different inboxes can create a frustrating month-end cleanup.

A simple system can help:

1. Send every vehicle document to one digital inbox.
2. Label it with the date, vehicle, amount, category, and business purpose.
3. Review and match transactions once a week.
4. Reconcile fuel cards, toll accounts, bank activity, and carrier settlements each month.

Keep the full repair invoice, not only the card slip. If you manage more than one vehicle, use the same unit number on every record. And remember that a bank transaction shows payment, but it may not show what was purchased or why it was business-related.

Need a cleaner process for your vehicle expenses? Infinity Tax & Financial Services can help you build bookkeeping habits that fit your business.

Connecting your bank account to bookkeeping software is a helpful starting point. -The transactions still need to be rev...
10/12/2026

Connecting your bank account to bookkeeping software is a helpful starting point.
-The transactions still need to be reviewed.
-A purchase can appear twice if it was entered manually and then imported. A payment can also be recorded separately when it should have been matched to an existing entry.

Before changing anything, compare the amount, date and payee. Be especially careful with transactions from a reconciled period.

If the numbers do not look right, Infinity can help you review what is happening.

A short weekly check can keep small bookkeeping tasks from becoming a much bigger project.Send the invoices you have not...
10/09/2026

A short weekly check can keep small bookkeeping tasks from becoming a much bigger project.

Send the invoices you have not sent, follow up on overdue payments, and save your receipts while the purchases are still fresh in your mind. Take a look at uncategorized transactions and next week's bills, too.

This is a useful habit alongside regular monthly bookkeeping and reconciliation. Save this checklist for your next weekly review.

What happens if you miss the tax extension deadline? For most individual taxpayers who extended their 2025 federal retur...
10/08/2026

What happens if you miss the tax extension deadline? For most individual taxpayers who extended their 2025 federal return, the filing deadline is October 15, 2026. An extension gives more time to file, but it does not give more time to pay.

If the deadline passes and the return is still unfiled:
- A failure-to-file penalty may apply when tax remains unpaid
- A separate failure-to-pay penalty and interest may continue
- A partial month can count as a full month for penalty purposes
- Filing quickly can help prevent additional failure-to-file charges
If you cannot pay the full balance, file the return anyway. Pay what you reasonably can, then review whether an IRS payment plan or penalty relief may be available.

Bottom line: do not wait for the next tax season. Prepare an accurate return and file it as soon as possible. Infinity Tax & Financial Services can help with late returns and the next steps after filing.


A truck driver can stay busy and still struggle with cash flow. Fuel, insurance, repairs, and payment delays can make it...
10/07/2026

A truck driver can stay busy and still struggle with cash flow. Fuel, insurance, repairs, and payment delays can make it difficult to keep enough cash available. Regularly borrowing from your tax savings or personal account deserves a closer look.

Review what you are owed, what is coming due, and what is available after those commitments. Your bank balance alone doesn't tell the whole story. If you need help organizing those numbers, reach out to Infinity at infinityta.com.

Address

801 Main
Pasadena, TX
77002

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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