If you currently rely on paper checks for refunds or IRS payments, you will need to transition to an electronic payment option. The US Treasury and IRS have announced that, beginning September 30, 2025, all Federal tax payments & refunds will transition to a paperless system under Executive Order 14247. Paper checks will no longer be accepted, and refunds will be issued electronically, with limited exceptions. This change is part of a broader government initiative to moderniz

To our clients and friends, We hope that you and your loved ones remain safe during the aftermath of Hurricane Helene and Milton. Like so many, the Garcia & Carlson operations have been impacted by the storm. The office power and phones are still coming and going but should be restored soon. If you have an immediate need please send us an email. We will respond once normal operations can resume. We have also provided additional important information below. Thank you, Your G&C

The Corporate Transparency Act (CTA) was enacted as part of the National Defense Act for Fiscal Year 2021. The CTA mandates that millions of entities report their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN). Effective January 1, 2024, here is what you need to know: Common Questions & Answers Q) Who is required to report under the CTA’s BOI reporting requirement? A) All domestic and foreign entities that have filed formation or r

Dear Friends and Clients, Happy New Year! We hope you had a safe and relaxing holiday with your loved ones. Tax season is soon approaching, and we would like to remind you of our firm policies. Please take note as a few of the policies are new this year. We truly value and appreciate each one of you and thank you for the opportunity to serve you once again this year. TAX SEASON POLICIES: Our office hours are 9AM – 5PM, Monday – Friday. The main office telephone number is (239