Atlantic Express Tax

08/17/2026

⚠️ ALERT: RECENT SCAM TARGETING CRYPTO USERS ⚠️

Scammers are mailing official-looking fake IRS letters demanding you log into a "Digital Asset Compliance Portal" before an urgent deadline.

Scanning the QR code on the letter takes you to a fake IRS website designed to steal your personal info, exchange credentials, and crypto wallet access.

A few quick rules of thumb to keep your money safe:

~Never scan codes from unsolicited letters, texts, or emails claiming to be from the government.

~Breathe and slow down. Scammers rely on panic and fake urgency to trick us into acting fast. The real IRS won't demand immediate online compliance via a QR code.

~Never, ever share your wallet recovery phrases or private keys. The IRS will NEVER ask for them.

~Secure all of your accounts: Turn on multi-factor authentication (MFA) and monitor your accounts regularly.

~Unsure if a notice is real? Bring it to us! As tax professionals, we can look into it, verify its legitimacy through official channels, and make sure your tax standing is clear. You can also verify on your own by visiting IRS.gov directly.

Got a suspicious IRS letter? Report it immediately at TIGTA.gov or [email protected].

Feel free to give us a call or pop into our office if you ever get mail from the IRS that doesn't feel right.
Please share this info with those close to you, especially if they are into crypto! Keep your money safe!

03/16/2026

S Corporations and Partnerships: TODAYS the DEADLINE
~~~~The standard filing deadline for calendar-year S corps and partnerships is Today March 16, 2026.
Penalties are steep for late or non-filing these returns. If you haven't yet filed and need to extend the filing deadline, to September 15, 2026, contact us before 4pm today. *Note that this extension applies only to filing, not to any taxes owed, which remain due by the original March 16 date.

02/05/2026

Tax Credits VS Refundable Credits

A tax credit reduces the amount a person owes in income taxes dollar-for-dollar. Some tax credits are even refundable, meaning if a person's tax bill is less than the amount of a refundable credit, they can get the difference back in their refund. The One, Big, Beautiful Bill has brought enhancements to some of these credits.

Here’s a quick overview of some of the more common credits:

Tax credits

Child Tax Credit helps families with qualifying children. For 2025, the amount is up to $2,200 per qualifying child.
Child and Dependent Care Credit can reduce federal income tax by claiming the credit for child and or dependent care expenses while the person worked or was looking for work.
Saver’s Credit may be available if a taxpayer made eligible contributions to their IRA or employer-sponsored retirement plan. The maximum credit is $1,000 ($2,000 if married filing jointly).
Refundable tax credits

Earned Income Tax Credit helps low to moderate-income workers and families get a tax break. The amount of the credit may vary based on income, family size and filing status.
Premium Tax Credit is available to taxpayers who buy their health insurance through the Health Insurance Marketplace and meet other criteria. It’s a refundable credit based on the taxpayer’s income and the cost of their healthcare plan.
Fuel Tax Credit may be claimed if fuel was purchased for use for off-highway business and farming purposes.
Partially refundable tax credits

Additional Child Tax Credit is a refundable portion of the CTC. For 2025, up to $1,700 per qualifying child may be refundable.
Adoption Tax Credit is available to taxpayers who finalized an adoption in 2025 or started the adoption process before 2025. The maximum amount, for 2025, is $17,280 per eligible child. The refundable amount is up to $5,000 per qualifying child. However, any nonrefundable amount carried forward can’t be used to calculate a refundable portion for future tax years.
American Opportunity Tax Credit helps offset qualifying education expenses for an eligible college student. The amount is up to $2,500 per year and up to $1,000 is refundable.

01/30/2026

01/26/2026

IRS opens 2026 filing season & refund timeframe estimates.....

WASHINGTON — The Internal Revenue Service today opened the 2026 tax filing season and began accepting and processing federal individual income tax returns for tax year 2025. Filing electronically and choosing direct deposit remains the fastest way to receive a refund.
Direct deposit is the fastest way to receive a refund. Additionally, in accordance with Executive Order 14247, the IRS began phasing out paper tax refund checks on Sept. 30, 2025, meaning most taxpayers must provide their routing and account numbers to receive refunds directly deposited into their bank accounts.

While the IRS issues most refunds in fewer than 21 days, some returns require additional review and may take longer.

EITC and ACTC refunds available by March 2

The IRS expects most refunds for the Earned Income Tax Credit and the Additional Child Tax Credit to be available in bank accounts or on debit cards by March 2, 2026, for taxpayers who chose direct deposit and have no other issues with their returns. Some taxpayers may receive their refund earlier, depending on their financial institution. Where’s My Refund? will provide projected deposit dates for most early EITC/ACTC refund filers by Feb. 21, 2026.

01/23/2026

Tax scams are a year-round business for thieves, but they’re even more frequent during filing season. The and Security Summit remind you to stay vigilant to these schemes in this tax tip: https://ow.ly/zrp350XTJPt

01/16/2026

Did you work Overtime in 2024?
Bring your last 2025 paystub to receive the full credit available.

01/15/2026

We’ve been receiving calls about South Carolina’s conformity with the “One Big Beautiful Bill” Act2 (OBBBA). Here’s the latest from the SC Department of Revenue:

“South Carolina has not yet had the chance to review these federal changes for state income tax purposes. Until the Legislature addresses conformity, taxpayers will need to adjust their returns if any of the 2025 federal provisions are claimed on their federal return.”

More updates and details will be shared as they become available.

01/14/2026

Attention Business, Property rental managers & people who paid subcontract labor non-employees in 2025. Subcontract reporting forms (1099's) forms are due by the end of the month. Please let us know if you need assistance with completing and filing these forms.
Call below or Send email to: [email protected]