Access Accounting Associates

Great Tax conference for the last few days. Fun and filled with information for 2026!

What a wonderful gift from a client. Thank you, Meer Comfort

With the tax deadline fast approaching, the reminds you that you can request a six-month extension to avoid late-filing penalties. Keep in mind that a filing extension gives you extra time to prepare and file a tax return, but not more time to pay any tax due: www.irs.gov/extensions

The election to open an initial Trump Account must be made by an authorized individual on Form 4547, Trump Account Election. Learn more details to sign your baby up at: https://ow.ly/ruRf50YtulX

The reminds retirees who turned 73 in 2025 that they may need to take their first retirement plan required minimum distribution by April 1, 2026. Find out more: IRS.gov/RMD

Haven’t filed your federal tax return yet? The deadline is still a month away, but if you won’t get to it by April 15, request a six-month extension to file from the . See: www.irs.gov/extensions

The has published Schedule 1-A along with updated instructions taxpayers will use with their 2025 federal tax returns to claim new deductions created by the One, Big, Beautiful Bill. This new schedule explains how to calculate and claim deductions that may help reduce your taxable income, including:
✅ Deduction for qualified tips earned on the job
✅ Deduction for overtime compensation
✅ Deduction for car loan interest on eligible vehicles
✅ Enhanced deduction for seniors (age 65+)

🔗Read more: https://ow.ly/vA2J50YoIfg

This week is Home Office Safety and Security Week. To help you secure your home office, we have a great tax tip. Tax season is on the horizon and identity thieves take this opportunity to try to trick people into sharing sensitive personal information. Knowing how they target you and how to protect yourself is key to keeping your data secure.

Get the information you need for tax season at https://ow.ly/eOBh50XUcTN.