Russell Partners

08/31/2026

08/28/2026

The checkered flag may have waved on the , but there's still time to get your withholding on track. Check out irs.gov/withholding today.

08/28/2026

What happens if you don't agree with an decision? You have the right to appeal in an independent forum. This is part of the Taxpayer Bill of Rights (TBOR). In our latest tax tip, we explain more about appealing an IRS decision.

Learn more at https://ow.ly/VrUt50ZyEMu.

08/28/2026

If you currently use the Filing Information Returns Electronically (FIRE) system, you should prepare now for the system’s retirement and transition to the Information Returns Intake System (IRIS). The IRIS Taxpayer Portal is a free, web-based filing system that allows filers to e-file up to 100 returns at a time. https://ow.ly/NUSC50ZFbhm

08/28/2026

The warns of an evolving digital assets scam where fraudsters are sending fake IRS letters that direct you to enroll your cryptocurrency in a “Digital Asset Compliance Portal” by a certain deadline. No such portal exists.

If you receive this notice, do not scan the QR code or provide any personal or financial information. Scammers are trying to steal your information and digital assets.

Stay alert and report these scams at www.irs.gov/scams

08/20/2026

The The U.S. Department of the Treasury and the have proposed regulations to clarify the eligibility requirements for individual income tax credits. See: https://ow.ly/vvln50ZC2gT

08/20/2026

NPD is HIRING!!!! Max age has been raised to 39!
The deadline to apply for the next civil service exam is August 31.
To sign up:
https://www.mass.gov/info-details/2026-municipal-police-officer-and-mbta-transit-police-officer-october
Notices to Appear for Examination: September 18, 2026
Written Examination Period: October 2, 2026 through October 10, 2026

08/20/2026

📊 NOW ACCEPTING TAX PLANNING CLIENTS

Tax season shouldn’t be the first time you find out where you stand.

Russell Partners, LLC is now accepting clients for proactive tax planning consultations.

💼 Tax Planning Consultation — $175 / 60 Minutes

Your consultation is designed to help you better understand:

✓ Where you currently stand from a tax perspective
✓ Potential areas of tax exposure or risk
✓ Opportunities that may deserve attention before year-end
✓ Recordkeeping and documentation that should be addressed now
✓ Estimated tax and withholding considerations
✓ Business and individual tax-planning opportunities applicable to your situation
✓ Action items to help you prepare for the upcoming tax season

Don’t wait until tax season to start thinking about taxes.

The decisions you make throughout the year can affect what happens when it’s time to file. Start planning now so you have time to organize, make informed financial decisions, and enter tax season prepared—not surprised.

📅 Book Your Tax Planning Consultation Today
$175 | 60 Minutes

Serving individuals, business owners, entrepreneurs, and professionals.

Russell Partners, LLC
Accounting • Bookkeeping • Tax Preparation • Tax Planning • Business Solutions

Tax planning recommendations are based on each client’s individual facts and circumstances. Results and potential tax savings vary.

08/13/2026

🚨 BUSINESS OWNERS: If your bookkeeper tells you, “Income is income,” ask one more question:

“Then how are my books helping me understand which part of my business is actually making money?”

Yes, income is income for certain accounting and tax-reporting purposes.

But if your business offers multiple services or revenue streams, simply recording everything correctly isn’t always enough for strong management reporting.

Your books should be structured—when appropriate—to help you understand:

📊 Which service lines generate the most revenue
📉 Which services generate the least
💰 What it costs to operate each area of your business
📣 Where your advertising and marketing dollars are going
🎯 Which services your marketing efforts are supporting
📈 Which areas are growing
💵 Where your strongest margins may be
🔎 Where expenses are accumulating without enough useful data behind them

Here’s the problem:

A business can spend thousands on advertising, software, contractors, processing costs, professional services, and other expenses—and still end the year unable to clearly determine which parts of the business benefited from that spending.

That’s not the level of financial visibility many growing businesses need.

Depending on the business and accounting system, thoughtful use of products/services, income and expense accounts, classes, locations, projects, customers, and other tracking methods can create more meaningful management reports.

Your accountant or bookkeeper should understand that you don’t maintain books only to prepare a tax return.

You also need financial information to RUN your business.

Your books should be maintained accurately, consistently, professionally, and in accordance with applicable accounting and tax requirements—while being structured to provide the level of management reporting your business actually needs.

💡 Don’t just ask, “How much did we make?”

Ask:

“What made the money, what did it cost us, and where should we invest next?”

If your current books can’t help you answer those questions, it may be time to reevaluate your accounting setup.

Russell Partners
Accounting | Bookkeeping | Tax Planning | Business Advisory | Fractional CFO Services

📧 [email protected]
🌐 www.russellpartners.org
📞 978-382-1627
📍 275 Grove Street, Suite 2-400
Auburndale, MA 02466

Accurate books. Better data. Better business decisions.

Discover comprehensive financial and compliance solutions with Russell Partners LLC. Simplify your operations with expert accounting, verification, and payroll services. Book today!