Tax Time

Tax Time

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Tax Time is owned and operated by Janelle Matthews. I focus on individual tax preparation. The office is in the garage; enter on south side of the building.

I am located on Highway 45 north of Fairfield just past Troyer Electric.

09/21/2026

The IRS extension deadline is quickly approaching!

Don't wait to turn in any documents requested. The time is now!

Your return still needs work before it is ready for your signature. Once you've signed, then it can be filed. Filing deadline is 10/15/26.

Keep in mind we have limited office hours during the off season.
Monday: 12-4
Tuesday : 4-6

You can call/text/email/drop-off any requested information at ANY TIME.
618-599-9403
[email protected]

My Illinois Savings – Easy Retirement Savings for Illinois Workers 09/15/2026

Are you an Illinois employer?

There’s a new way to help your employees save for retirement — My Illinois Savings, formerly Illinois Secure Choice.

If your business doesn’t offer a qualified retirement plan, My Illinois Savings may help you provide your employees with a simple workplace retirement savings option.

For employers, the program means:
- No employer contributions required
- No program fees for employers
- No fiduciary responsibility for employee accounts
- Payroll deduction setup
- A convenient way for employees to build retirement savings

A workplace retirement savings option can be a valuable benefit for your employees without requiring your business to sponsor its own retirement plan.

Learn more about My Illinois Savings and what it means for your business@

My Illinois Savings – Easy Retirement Savings for Illinois Workers My Illinois Savings, a state-facilitated retirement savings program, makes it simple to save for retirement through automatic payroll deductions and Roth IRAs.

09/07/2026

*TAX TIME WILL BE CLOSED IN HONOR OF LABOR DAY*

09/01/2026

🚜 Ag Sales Tax Tip: Not everything used on a farm is tax-exempt!

To qualify for the agricultural production sales tax exemption, the item must be directly involved in growing or raising a product. Just because it’s used on a farm doesn’t automatically make it tax-free.

08/31/2026
08/05/2026

The State Sales Tax Holiday is a 10-day event that gives shoppers a break on sales tax when purchasing eligible clothing, footwear, and school supplies.

During the holiday, the state sales tax rate is reduced from 6.25% to 1.25%, saving shoppers 5%on qualifying purchases.

Eligible items include:
* Clothing and footwear priced under $125 per item.
* Certain school supplies used by students for school. There is no $125 price limit for qualifying school supplies.
*Local sales tax still applies.

For a list of all qualifying items, and more details, check out this link: https://tax.illinois.gov/research/publications/bulletins/fy-2026-30.html

Tax Withholding Estimator | Internal Revenue Service 07/13/2026

📢 It’s not too early to start planning for next tax season! 💰📅

A quick tax withholding check now could help you avoid an unexpected tax bill—or a bigger refund than you actually want—when you file next year. The IRS Tax Withholding Estimator is a free, easy-to-use tool that helps workers and retirees make sure the right amount of federal income tax is being withheld from their paychecks.

Checking your withholding can help you:
✅ Avoid owing taxes and possible penalties
✅ Increase your take-home pay instead of waiting for a refund
✅ Adjust for life changes like a new job, marriage, buying a home, or welcoming a new baby 👶🏡💍
✅ Make sure income from side jobs or self-employment is taken into account

For the most accurate estimate, have your latest tax return, recent pay stubs, and information about all of your income sources available. 📄

Don't wait until tax season to find out you need to make changes. Check your withholding today with the IRS Tax Withholding Estimator:
https://www.irs.gov/individuals/tax-withholding-estimator

Questions about your withholding or taxes? We're here to help! 😊

Tax Withholding Estimator | Internal Revenue Service Check your W-4 tax withholding with the IRS Tax Withholding Estimator. See how your withholding affects your refund, paycheck or tax due.

07/08/2026

📢 Attention Illinois Business Owners! 📢

Go to https://mytax.illinois.gov/_/

Scroll down 2/3 of the page to find the tax rate finder. You DO NOT need to be logged in to your My Tax IL account to look up an address.

Some addresses around Fairfield are now at 7.75% sales tax. If you're not collecting that amount, you are losing money out of your pocket.

🚨Effective July 1, 2026, several Illinois taxing jurisdictions have implemented new local sales taxes or changed existing local sales tax rates on general merchandise.

If you own or manage a business, be sure to:
✅ Update your cash registers and POS systems.
✅ Update any accounting or sales tax software.
✅ Verify your new combined State and local sales tax rate using the MyTax Illinois Tax Rate Finder.

These changes may affect:
• Business District Sales Tax
• County Public Safety Tax
• Home Rule Municipal Sales Tax
• Metro-East Mass Transit District (MED) Sales Tax
• Non-Home Rule Municipal Sales Tax

💻 If you use sales software, contact your software provider to ensure your tax rates are current.

Don't wait—making these updates helps ensure you're collecting and remitting the correct amount of sales tax and staying compliant with Illinois tax laws.

mytax.illinois.gov

06/08/2026

⭐The official Trump Accounts app has been launched!

Trump Accounts debut July 4th 2026! 💰

Important Information...

-LEGITIMATE activation emails will come from:
[email protected]

-Those activation emails will be sent in phases, be patient.

-Department of Treasury will NOT contact you via phone or text.

-You can begin contributions on July 4th, not before.

-There is no cost to open a Trump Account!

- You must elect to receive the $1000 contribution (if applicable), it is not automatic.

BEWARE OF SCAMS!!!

As is always the case these days, scammers will jump on and create look-alike websites and various other fake methods to "help" you set up an account. Use ONLY the official app or TrumpAccounts.gov.

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976 US Highway 45
Fairfield, IL
62837

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