Account on us Bookkeeping & Tax

10/08/2026

🚨 WHAT WOULD YOU DO?

You file or pay your taxes late and expect an IRS penalty.

Then you get a letter saying…

Your penalty was automatically waived. 👀

Would you:

A. Celebrate 🎉
B. Think it was a mistake 😂
C. Call your tax professional immediately 📞
D. All of the above

The IRS has rolled out Automatic Exemption from Penalty (AEP) for certain taxpayers.

If you have a qualifying history of filing and paying on time for the previous 3 years, the IRS may automatically provide relief from certain:

✔️ Failure-to-file penalties
✔️ Failure-to-pay penalties
✔️ Failure-to-deposit penalties

And here's the big change: you don't have to request the relief first. If you qualify, the IRS applies it automatically and sends you a notice.

⚠️ This doesn't erase the tax you owe or applicable interest, and not every return or penalty qualifies.

So tell me… what would YOU do if that IRS letter showed up in your mailbox?

Educate. Empower. Execute. 💙

10/06/2026

Let’s talk about the cost of doing business… 😂

When I started my business 20 years ago, my tax software was $99. Now it’s over $2,000.

At this point, I feel like the software should file the returns AND bring me lunch. 😂

So if you were wondering about my price increase last year… there’s your answer. And that’s just ONE business expense.

Trust me, I miss those $99 days too. But apparently, being a loyal customer doesn’t come with loyalty customer prices. I checked. 🤣

The cost of doing business has gone up, and my prices have to keep up.

But don’t worry, I’m NOT increasing my prices this upcoming tax season. Y’all can unclench now. 😂

Thank you for continuing to support Account On Us Bookkeeping!

Educate. Empower. Execute. 💙

10/05/2026

🚨 Quick Tax Reminder....October 15 is coming! 😱

If you filed an extension for your 2025 tax return, October 15, 2026 is your deadline to file.

But here's something I want to make clear because I see this confusion every year:

👉🏾 An extension gave you more time to FILE. It did NOT give you more time to PAY.

If you owed taxes, that payment was generally due back in April. So if you still have a balance, interest and possible penalties may already be adding up.

And please don't make the mistake of saying, “Well, I can't afford to pay it, so I'm just not going to file.”

File the return. You can deal with the balance and payment options separately.

If you've been putting it off, now is the time to get it handled. October 15 will be here before you know it!

Need help? Account On Us Bookkeeping & Tax can assist.

Educate. Empower. Execute. 💙

Call now to connect with business.

09/22/2026

📰 WHAT’S HAPPENING IN TAX NEWS? 🚨

A new bill in Congress could change how much capital gain some senior homeowners can exclude when selling their primary home. 🏠💰

H.R. 9064, The Nest Egg Protection Act proposes an exclusion of up to $1 MILLION for certain qualifying homeowners age 65+ who have owned their home for at least 25 years.

⚠️ Important: This is a PROPOSAL, NOT CURRENT LAW.

If passed, the change could apply to qualifying sales from 2027–2030.

Want to know who could qualify, how the $1 million exclusion would work, and what happens under the current rules?

👇🏾 Comment “NEST EGG” or send me a message and I’ll explain it.

Educate. Empower. Execute. 💙

09/12/2026

Okay y’all, let’s talk about this $5,000 Trump dividend because I know some of y’all already got that money spent. 😂

President Trump has proposed giving every American adult $5,000 if Republicans retain control of the House and Senate in the November midterms.

Now, before you get too excited this is a proposal. It's not an approved payment, and there’s no check coming right now.

Trump says tariff revenue could help pay for it, but there are still questions about who qualifies, how it would be funded, and when payments would actually go out.

So for now… keep your hands out that imaginary $5,000. 😂

I’ll keep y’all updated when we know more.

Educate. Empower. Execute 💙

09/11/2026

🇺🇸 September 11, 2001

25 years later, we remember the lives lost, the families forever changed, and the heroes who gave everything to save others.

We remember. We honor. We will never forget.🕊️

💙 Today, consider donating to a qualified charitable organization supporting families, first responders, veterans, or your community.

Your generosity can make a difference and your donation may also provide a tax benefit.

Give because you can.
Help because you care.
Keep your receipt.

Never forget. 🇺🇸

Educate. Empower. Execute. 💙

09/07/2026

🇺🇸 Happy Labor Day!

Today we celebrate the people who work hard, build businesses, take care of families, serve communities, and keep this country moving. 👏🏾

But since I’m the tax person… you KNOW I had to sneak in a tax tip! 😂💙

💰 TAX TIP:If you’re self-employed, don’t wait until tax time to think about your taxes.

Your income may not have taxes taken out of every paycheck like a traditional employee, which means you may need to make estimated tax payments throughout the year.

So today, enjoy your day off. 🇺🇸
Tomorrow… get back to work AND get your tax records in order! 😂

Educate. Empower. Execute 💙

09/06/2026

🍎 Teachers, y’all are back at work… so let’s talk about your money!

If you’re spending your own money on your classroom, DON’T throw those receipts away!👀

Things like:
📚 Books
✏️ Supplies
💻 Certain technology
🧪 Classroom materials

may qualify for the Educator Expense Deduction.

Now, before somebody starts claiming every Target receipt they have 😂 there are rules about what qualifies and how much you can deduct.

So start keeping up with those expenses now, instead of trying to remember everything you bought when tax season rolls around.

Educate. Empower. Execute.💙

08/11/2026

🚨 You gave your child $30,000?! The IRS is going to TAX that!

Not necessarily. 👀

That $19,000 number you keep hearing for 2026 is an annual gift-tax exclusion, it is NOT automatically the maximum amount you're allowed to give someone.

And certain payments, such as qualifying tuition or medical expenses paid directly to the institution or provider, can fall outside that annual limit altogether.

Before you panic about gift tax, understand the rules.

I'll break down the gifts the IRS generally doesn't treat as taxable gifts in the comments. 👇🏾

Educate. Empower. Execute.💙

07/29/2026

🚨 Pop Quiz...

Who gets your money when you pass away?

A. The person named in your will.
B. The person listed as the beneficiary on your retirement account or life insurance.
C. Your spouse automatically.
D. Your children equally.

🤔 Think you know the answer?

Many people are surprised to learn that beneficiary designations often override what's written in a will.

That means an outdated beneficiary could receive assets you intended for someone else.

Take 10 minutes this week to review your:
✔️ Life insurance
✔️ 401(k)
✔️ IRA
✔️ Pension
✔️ Bank accounts with Payable-on-Death (POD) designations

One small review today could prevent a major family dispute tomorrow.

Educate. Empower. Execute. 💙