American Tax Services

09/29/2026

There’s a new tax benefit for charitable giving in 2026. Under the Working Families Tax Cuts, taxpayers who don’t itemize may be able to deduct up to $1,000 in cash contributions to certain qualified organizations, or up to $2,000 for married couples filing jointly. See the new charitable contribution deduction rules and find out what qualifies: https://ow.ly/yGkH50ZyczK

08/27/2026

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

07/30/2026

12/16/2025

Does your have employees who receive tips or work overtime? For tax year 2025, the and Treasury are giving employers penalty relief on information reporting requirements for qualified overtime and cash tips. This transition period gives more time to employers so they can update their systems or put procedures in place.

Get the latest details on this change under the One, Big, Beautiful Bill at
https://ow.ly/3pSn50XAVry.

12/04/2025

How to handle tips and overtime for 2025

The and Treasury issued updated guidance on how to claim a deduction for tips or overtime compensation for tax year 2025. : Make sure your clients are aware and ready for filing season. https://ow.ly/4EfN50XxBll