A.S. Accounting Services

A.S. Accounting Services We are a accounting firm and can assist individual and businesses with the following:

- Corporate

The Firm has been in business since 1999 and is currently serving more than 270 businesses and 600 individuals for their various accounts in various states including Georgia, Tennessee, Alabama, North Carolina, South Carolina, Mississippi, Florida, and Arkansas. The services we provide expand upon a wide range which include Book-Keeping, Accounting, Sales Tax Preparation, Processing, Taxes (Personal and Corporate), Auditing (Out of State and In State), Consultation (Fees May Vary), and Payroll as well. For More Inquires please cal us at 770-931-3100 Ext-1 or 678-860-9837

Cryptocurrency holders: Be alert for a new IRS impersonation scam. Fraudsters are mailing fake IRS letters directing rec...
10/09/2026

Cryptocurrency holders: Be alert for a new IRS impersonation scam. Fraudsters are mailing fake IRS letters directing recipients to a bogus “Digital Asset Compliance Portal.” The letters instruct recipients to scan a QR code that leads to a fraudulent website designed to look like IRS.gov. The site may ask for personal information, cryptocurrency wallet details, or exchange account credentials that criminals can use to steal identities or digital assets. If you receive one of these letters, don’t respond. Report any suspicious communication to the IRS immediately. If you have questions about an IRS notice or digital asset reporting, we’re here to help. Contact us at (770) 931-3100.

Do you donate thousands of dollars to charity each year? Do you miss out on the itemized charitable deduction because yo...
10/07/2026

Do you donate thousands of dollars to charity each year? Do you miss out on the itemized charitable deduction because you don’t have enough total itemized deductions to exceed your standard deduction? Consider “bunching” most of your donations into alternating years. By combining two years of gifts into one year, you may push your itemized deductions above your standard deduction and get a greater tax benefit from your charitable giving — even with the new deduction for nonitemizers starting in 2026. Contact us at (770) 931-3100 for help determining if you can benefit from this strategy.

The IRS says you’re deceased, but you’re very much alive. It sounds unbelievable, but this unusual situation can happen ...
10/06/2026

The IRS says you’re deceased, but you’re very much alive. It sounds unbelievable, but this unusual situation can happen when an incorrect Social Security number (SSN) is entered on your tax return or when Social Security Administration (SSA) records mistakenly indicate that you or your spouse have died. If you receive IRS Notice CP01H, verify that the SSN on the return in question matches your Social Security card. If it does, contact the SSA to see whether its records need to be corrected. Then follow the notice instructions to unlock your IRS account. Call us at (770) 931-3100 for help resolving this issue promptly.

Giving away assets during your life can reduce the size of your taxable estate. One option is to pay someone’s tuition o...
10/05/2026

Giving away assets during your life can reduce the size of your taxable estate. One option is to pay someone’s tuition or medical expenses. Such payments can be gift-tax-free — but only if you make them directly to a qualifying educational institution or medical provider. (Advancing the funds to a loved one or reimbursing previously paid expenses doesn’t count.) Unlike making gifts under the gift tax annual exclusion ($19,000 per recipient for 2026), there’s no limit on the amount of tuition or medical expenses you can pay tax-free. Call us at (770) 931-3100 to learn more about lifetime gifts.

Your tax, retirement and estate planning shouldn’t be done separately. Decisions in one area can affect the others, espe...
09/30/2026

Your tax, retirement and estate planning shouldn’t be done separately. Decisions in one area can affect the others, especially as tax laws, financial circumstances and long-term goals evolve. We can help keep these important drivers of financial security in sync by providing coordinated strategies for managing taxes, supporting retirement objectives and preserving wealth for future generations. Contact us at (770) 931-3100 to get started.

Your business can show a profit on paper and still face cash shortages because profit and cash flow measure different th...
09/29/2026

Your business can show a profit on paper and still face cash shortages because profit and cash flow measure different things. Profit reflects revenue minus expenses, while cash flow tracks the movement of cash in and out of your business. Cash shortfalls are especially common for growing businesses. That’s because you typically must pay suppliers, vendors and lenders upfront, and then wait for customers to pay you. Understanding the difference between profit and cash flow — and how to account for each — can help you make smarter financial decisions. Contact us at (770) 931-3100 to learn strategies for improving cash flow management.

You may be eligible for the Child and Dependent Care Credit if you pay for care so you can work. For 2026, the credit fo...
09/28/2026

You may be eligible for the Child and Dependent Care Credit if you pay for care so you can work. For 2026, the credit for lower-income taxpayers increases from 35% to 50% of the first $3,000 of qualified expenses for one child ($6,000 for two or more children). Some middle-income taxpayers may also qualify for a larger percentage than in prior years. Call us at (770) 931-3100 to learn how the updated rules may apply to your family.

Wondering how Sec. 530A accounts (also known as Trump Accounts) may be invested? The IRS has issued proposed regulations...
09/25/2026

Wondering how Sec. 530A accounts (also known as Trump Accounts) may be invested? The IRS has issued proposed regulations clarifying the investment options allowed during the “growth period.” This period begins when the beneficiary’s initial account is established and ends on Dec. 31 of the year the child turns 17. During this time, eligible investments generally include mutual funds or exchange-traded funds that track an equity index of mainly U.S. companies, don’t use leverage, and have annual fees and expenses of no more than 0.1% of the fund’s balance. The proposed regulations would apply to tax years starting on or after Jan. 1, 2026. Call us at (770) 931-3100 with questions.

Business owners: Are you or your employees planning to go “back to school” soon? Two types of work-related education cos...
09/23/2026

Business owners: Are you or your employees planning to go “back to school” soon? Two types of work-related education costs may qualify for business tax breaks: 1) those required to retain an existing job, license or professional status, and 2) those directly tied to maintaining or improving skills for a current trade or business. Deductible expenses can include tuition, books, supplies and possibly travel if the primary purpose of the trip is business-related education. However, you can’t deduct costs for education that help meet the minimum qualifications for a position or to qualify for a new trade or business. Contact us at (770) 931-3100 to learn the ABCs of work-related education expense deductions.

If you’re age 50 or older, a great way to enhance your retirement nest egg is to make “catch-up” contributions to your 4...
09/22/2026

If you’re age 50 or older, a great way to enhance your retirement nest egg is to make “catch-up” contributions to your 401(k), 403(b), 457 plan, SIMPLE or IRA. And workers age 60 to 63 can potentially boost their 401(k) or other employer-sponsored retirement plan up to 150% of the regular catch-up limit. For 2026, this means an extra contribution of $11,250 ($5,250 for SIMPLEs). Want to make the most of tax-advantaged savings opportunities? Contact us at (770) 931-3100.

Address

652 Exchange Place Northwest STE A
Lilburn, GA
30047

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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