Horizon CPAs and Advisors PLC

04/16/2026

Happy Tax Day from all of us at Horizon CPAs and Advisors PLC!

01/27/2026

The IRS is phasing out accepting checks and issuing checks.

Background
The U.S. Department of the Treasury, in collaboration with the IRS and other federal agencies, is transitioning federal payments to and from the government to electronic methods pursuant to Executive Order 14247, signed March 25, 2025.
These changes apply to:
• Payments sent by the federal government, including tax refunds, benefits, grants, and vendor or contractor payments; and
• Payments made to the federal government, including tax balances due, fees, penalties, and other payments from individuals, businesses, nonprofit organizations, and state or local partners.

Electronic payments are generally processed faster, cost less to handle, and reduce errors compared to paper payments. Limited exceptions to electronic payment requirements will be available in specific situations, such as those involving hardship and/or legal or procedural requirements.

Filing tax returns is not changing

The Executive Order does not change how taxpayers file their tax returns. Taxpayers will continue to file their returns in the same manner as they have in the past. The change affects how refunds are issued and how payments are made, not how returns are prepared or submitted, beginning with the 2026 filing season.

For now, checks and money orders will still be accepted.

What taxpayers should do now
To prepare for these changes, the IRS encourages taxpayers to:
• Use direct deposit for refunds by providing accurate bank or prepaid debit card information when filing.
• Choose electronic payment options when paying taxes, such as IRS Direct Pay, Electronic Federal Tax Payment System, or other approved methods.
• Review account information to ensure bank details are current and correct.
• Visit IRS.gov to learn about electronic payment options and available resources for taxpayers without a bank account.

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.

12/22/2025

Our office will observe the Christmas holiday on December 24 and 25, and will be closed on these days 🎄. We take this opportunity to wish everyone a wonderful holiday season, filled with love, laughter, and time with loved ones, as we celebrate the birth of our Savior. Merry Christmas from all of us at Horizon CPAs and Advisors PLC!

12/10/2025

We are honored to sponsor The Tulsa Girls Home 💞
This incredible organization provides safety, stability and hope for girls in need right here in our community. Being able to contribute to a space where these young women can heal, grow and dream means the world to us.

Thank you to our amazing clients- your support makes this possible. Together we’re helping create brighter futures.

10/15/2025

Happy tax day from all of us at Horizon CPAs! We have been working hard and celebrate today as the end of the 2024 tax season. 🎊

Our office surprised Kathy with an early and sweet Boss’s day card and Bombas socks. Tomorrow is Boss’s day and we wish all the great bosses a happy day. 🎉

If you are a boss and looking for spiritual leadership training we recommend attending the 94X Tulsa Summit on 10/28/2025. https://94xmovement.org/tulsa-summit/

We are blessed to work with amazing colleagues who share our passion to serve the Kingdom.

Thank you to all of our clients who allow us to serve you. We are grateful for your trust in us and praise God for another successful tax season. 🙏

07/14/2025

Congratulations to our founder on 30 years of membership in the Oklahoma Society of CPAs.

07/09/2025

The One Big Beautiful Bill Act (OBBBA) is now law and it is a significant win for businesses. Some highlights are there is full expensing or 100% bonus depreciation for eligible property acquired after January 19, 2025.

In addition, a new special depreciation provision has been added which allows 100% expensing of qualified production property (QPP). QPP is defined as nonresidential real property that is used in the manufacturing, production or refining of certain qualified products in the US for which construction begins after January 19, 2025.

Pass-through entities achieved a permanence of the Section 199A deduction for qualified business income (QBI). It was previously set to expire after 2025.

There are individual tax changes as well including lower tax rates, higher standard deductions, increased child tax credits and increased estate exemptions. There are new above the line deductions for tips at $25,000 and overtime at $12,500 for individuals and $25,000 joint filers. Individual vehicle loan interest is deductible up to $10,000 and all these provisions are subject to income thresholds. Seniors will receive a $6,000 additional standard deduction while Trump is in office, also subject to income thresholds.

07/04/2025

05/01/2025

The BOI filings have been halted for all domestic companies. Only foreign companies have a filing requirement.