2026 Tax Center: Express Tax Services & One Big Beautiful Bill Act (OBBBA) Guidance

EXPRESS TAX SERVICE

Fees Effective January 1, 2026 and Valid through December 31, 2026

Express Tax is a fee-based income tax preparation and e-file service offered by BFCU. This service is offered year-round and is by appointment only. Call (830)778-7675 or (830)778-7676 to schedule your appointment.

Must present:

  • Valid government-issued ID’s for taxpayer(s) Social Security cards for all listed on the return

  • Forms to be filed w2’s, 1099’s, etc., 1095A Obama Care (if applicable)

  • Routing and Account Number for Direct Deposit

  • Any other information to be reported.

MUST BE A MEMBER OF BORDER FEDERAL CREDIT UNION TO USE THIS SERVICE.

Financial Literacy Courses for Reimbursement of Express Tax Fee

ATTEND A ONE-TO-ONE FINANCIAL COUNSELING SESSION OR A COURSE BELOW TO QUALIFY FOR A $75.00 reimbursement of Border FCU’s Express Tax Preparation Fee. To register for a course, you must call (830) 778-7675, (830) 778-7676, or (830) 757-4812. You may also email financialcounseling@borderfcu.com.

Del Rio: Main Office (2211 N Bedell Ave)

  • Wednesday, May 6th: 12:00 pm and 5:30 pm

  • Saturday, May 16th: 9:00 am 

  • Wednesday, June 10th: 12:00 pm and 5:30 pm

  • Saturday, June 13th: 9:00 am

  • Wednesday, July 15th: 12:00 pm and 5:30 pm

  •  Saturday, July 18th: 9:00 am

Eagle Pass: El Indio Hwy. Branch (2344 El Indio Hwy.) 

  • Wednesday, May 13th: 12:00 pm and 5:30 pm

  • Wednesday, June 24th: 12:00 pm and 5:30 pm

  • Wednesday, July 8th: 12:00 pm and 5:30 pm

OBBBA Guidance

The financial landscape is shifting with the One Big Beautiful Bill Act (OBBBA). At Border FCU, we want to ensure you have the resources to make smart decisions and keep more of your hard-earned money. Below is a brief overview of the changes; however, visit IrS.gov for complete information.

The New Auto Loan Interest Deduction

Starting with the 2025 tax year, you may be able to deduct interest on qualifying auto loans, a first for many consumers.

  • The Benefit: Deduct up to $10,000 in interest annually through 2028.

  • The Requirements: Must be a new vehicle (purchased after 12/31/24), for personal use, weighing under 14,000 lbs, and assembled in the U.S.

  • Verification: You will need your VIN when filing. You can check your vehicle's assembly location using the NHTSA VIN Decoder. (Pro tip: If your VIN starts with 1, 4, or 5, it's likely U.S.-built!)

  • Our Role: Details are still being finalized by the government. Border FCU will provide your total interest paid for 2025 in your December statement.

Other OBBBA Policy Shifts to Watch

  • Senior Bonus Deduction: Taxpayers 65+ can claim an additional $6,000 deduction ($12,000 for joint filers) for 2025–2028.

  • No Tax on Overtime & Tips: New deductions are available for qualified overtime pay (up to $12,500) and tipped income (up to $25,000).

  • 1099-K Reporting: The OBBBA raised the reporting threshold for apps like Venmo or PayPal back to $20,000 and 200 transactions. This reduces paperwork for casual sellers and friends splitting expenses.

  • Student Loan Shifts: Watch for the new Repayment Assistance Plan (RAP) starting in July 2026, which may change monthly payments for federal borrowers.

We’re Here to Help. Whether you’re buying a car or managing debt, you don’t have to do it alone. Visit or call us at (830)774-2328.