A Plus Tax & Accounting LLC

Most people only think about taxes when there is a deadline.

But here is the thing — the most valuable thing I can do for a client is not file their return. It is sitting down in June or July, when there is still time to do something.

Right now, while the year is only half over, you can:

✅ Adjust your W-4 — if you got a surprise bill in April or a refund that was way bigger than it needed to be, fix your withholding now (IRS Pub. 505). A refund is just an interest-free loan you gave the IRS.

✅ Max out or bump up retirement contributions — 401(k), SEP-IRA, or Solo 401(k) limits are higher than ever. Every dollar in before year-end is a dollar the IRS does not get to touch (IRC §401(a)).

✅ Revisit your estimated payments — if your income changed (new client, rental income, self-employment spike), June 15 is the next quarterly deadline. Under-pay and you will owe a penalty in April on top of the balance (IRC §6654).

The window is open. Book a mid-year planning session before summer slips by and you are back to playing catch-up in Q4.

📅 DM me or visit aplustaxhelp.com to schedule a free 15-minute consult.

Every tax season, I sit down with clients and find deductions they didn't even know they qualified for.

Here are 5 that come up again and again — and that most people miss:

🏠 Home Office — If you have a dedicated space used exclusively for business, it qualifies (IRC §280A). Many skip this thinking it's a red flag. It's not.

🏥 Self-Employed Health Insurance — Paying your own premiums? You can deduct 100% of them (IRC §162(l)). This one surprises clients every time.

🚗 Vehicle Mileage — Business driving is deductible at 70 cents per mile in 2025 (Rev. Proc. 2024-25). A simple mileage log is all it takes.

💰 Retirement Contributions — A SEP-IRA or Solo 401(k) lets business owners shelter up to $70,000/year (IRC §401(a)). One of the biggest tax-saving tools out there.

📊 QBI Deduction — If you run a pass-through business — LLC, S-Corp, or sole prop — you may qualify for a 20% deduction on qualified business income (IRC §199A). Many clients have never heard of it.

One missed deduction can cost you thousands. This is exactly why having the right advisor in your corner matters.

Curious what you might be leaving on the table? Send me a DM or book a free 20-min consult at aplustaxhelp.com.

Got a CP2000 notice in the mail? Take a breath — it's not an audit.

A CP2000 is an automated IRS underreporter notice (IRS Pub. 2005). The system found income reported on W-2s, 1099s, or brokerage statements that doesn't match your return — and it proposes additional tax, sometimes with penalties and interest attached.

The most common reactions I see: panic, pay immediately, or ignore it entirely. All three are mistakes.

Here's what matters: the IRS is often wrong. Duplicate 1099s, gross proceeds reported instead of capital gains, income already on your return but coded differently — these errors happen constantly. Agreeing too fast costs you money you don't owe.

You have 60 days to respond (IRC §6213). In that time, compare the notice against your actual return, verify every document they cited, and dispute any errors in writing — never verbally. If the IRS turns out to be right, ask about penalty abatement under IRC §6651 — a first-time penalty waiver may still apply.

A CP2000 that goes unanswered becomes a bill. One that gets reviewed carefully often disappears — or shrinks significantly.

If you received one, don't try to handle it alone. Send me a DM or book a free 15-minute consult and we'll look at it together.

📍 A Plus Tax & Accounting | (212) 470-4982 | aplustaxhelp.com

Most business owners know that forming an S-Corp can save on taxes — but few understand exactly how.

Here’s the core mechanic: as a sole proprietor, every dollar of net profit is subject to self-employment tax (15.3% on income up to ~$176,100 — IRC §1401). As an S-Corp owner, you split your income into two buckets: a reasonable W-2 salary and pass-through distributions. Payroll tax only applies to the salary — not the distributions.

Real example: $120,000 in net profit.

• Sole Prop: SE tax on all $120k → ~$16,955
• S-Corp (with a $60k salary): Payroll tax on $60k → ~$9,180
• Estimated annual savings: ~$7,775 — before S-Corp overhead costs

The critical rule: “reasonable compensation” (IRC §1361). The IRS expects you to pay yourself a market-rate salary for your role. Set it too low and they may reclassify your distributions as wages and assess back payroll taxes.

The math typically works when net profit exceeds $60,000–$80,000 consistently. Below that, the cost of payroll processing and a separate Form 1120-S can eat the savings.

Is an S-Corp election right for you? Let’s run your numbers. DM me or book a free consult — the math usually tells the story.

אם יש לך חשבון בנק בישראל — יש דבר שצריך לדעת.

הרבה ישראלים-אמריקאים לא מודעים לחובת הגשת FBAR — טופס FinCEN 114 — על חשבונות בנק זרים.

הכלל: אם סכום כל החשבונות הזרים שלך עלה על 0,000 בשלב כלשהו במהלך השנה — אתה חייב בהגשה. לא משנה אם הכסף היה שם יום אחד בלבד.

מה נכנס לחישוב?
🔹 חשבון עו"ש או חיסכון בבנק ישראלי
🔹 קרנות פנסיה וביטוח מנהלים — בנסיבות מסוימות
🔹 חשבון ניירות ערך בישראל
🔹 חשבון שאתה מורשה חתימה עליו, גם אם הכסף לא שלך

מתי צריך להגיש? המועד הוא 15 באפריל, עם הארכה אוטומטית עד 15 באוקטובר (FinCEN Form 114).

העונש על אי-הגשה? מינימום 0,000 לשנה על הפרה לא מכוונת — ועד 00,000 לשנה על הפרה מכוונת (31 U.S.C. §5314). הסכומים האלו לא תיאורטיים.

אם לא הגשת בשנים קודמות — יש מסלולי גילוי מרצון שיכולים לסגור את הנושא ביעילות, לעתים קרובות ללא קנס.

📩 שלח לי הודעה או הזמן ייעוץ ראשוני חינם — נבדוק יחד מה מחוייב במצבך.

#מסים

If you are self-employed, a freelancer, or own a business — Q2 estimated taxes are due June 16th. That is just five weeks away.

Here is the rule: if you expect to owe $1,000 or more in federal tax after withholding, you are required to make quarterly estimated payments (IRC §6654). Skipping them can trigger an underpayment penalty — even if you pay the full balance when you file.

A simple way to estimate your Q2 payment:
✅ Project your net business income
✅ Subtract deductible business expenses (IRC §162)
✅ Factor in self-employment tax (~15.3% on net earnings up to $176,100 — IRC §1401)
✅ Divide your annual estimate by 4

Or use the safe harbor rule: pay at least 100% of last year's tax liability (110% if your AGI exceeded $150,000 — IRC §6654(d)(1)(B)), and you will avoid the underpayment penalty no matter what you owe come April.

Not sure what you should be paying? A quick planning call now can save you the headache — and the penalty — later.

DM me or visit aplustaxhelp.com to book a free 15-minute consult.

Tax season is over — but smart tax strategy is a year-round game. 📋

I’m Alad Adar, Enrolled Agent and owner of A Plus Tax & Accounting, LLC. I work with individuals, small business owners, and Israeli-Americans managing tax obligations in both countries.

A couple of important dates to keep on your radar:
• Q2 estimated tax payments are due June 16, 2026 (IRC §6654)
• Filed an extension in April? Your return is due October 15, 2026

Now is the ideal window to review your 2025 strategy before habits get locked in. Whether you’re self-employed, running an S-Corp, or holding foreign accounts — proactive planning always beats reactive filing.

I serve clients across all 50 states via video, in English and in Hebrew.

――――――

עונת המיסים נגמרה — אבל תכנון מס טוב הוא עניין של כל השנה. 📋

אני אלד אדר, Enrolled Agent ובעל A Plus Tax & Accounting, LLC. אני עובד עם יחידים, עסקים קטנים, וישראלים-אמריקאים שמנהלים מיסים בשתי המדינות.

תאריכים חשובים לזכור:
• מקדמות מס רבעוניות Q2 — עד 16 ביוני 2026 (IRC §6654)
• הגשתם הארכה באפריל? הדו״ח צריך להיות מוגש עד 15 באוקטובר 2026

עכשיו הזמן הנכון לסקור את תוכנית המס שלכם ל-2025. שירות בוידאו, בעברית ובאנגלית, לכל מדינה בארה״ב.

📩 שלחו הודעה או בקרו ב-aplustaxhelp.com ליעוץ ראשון חינם.

📩 DM me or visit aplustaxhelp.com for a free consultation.

#עונתהמיסים

You filed an extension — now what?

A lot of people think filing a Form 4868 gives them extra time to pay. It doesn't. The extension only extends the time to file, not to pay (IRC §6081). If you owed and didn't pay by April 15, interest and a 0.5% monthly penalty started that day (IRC §6651(a)(2)).

Here's how to make the most of the time you bought:

✅ Pay something now — even an estimate. The IRS charges 7% annual interest on unpaid balances (IRC §6621). Every dollar paid today is a dollar that stops compounding.

📅 Mark June 16 on your calendar — Q2 estimated taxes are due then (IRC §6654). Self-employed? Side income? Don't skip this one.

📋 Start gathering documents — October 15 feels far, but your preparer's schedule fills fast. The earlier you deliver your info, the better the outcome.

🏢 Business owners on extension — Partnerships and S-Corps have until September 15. C-Corps and individuals until October 15 (IRS Rev. Proc. 2017-26).

An extension is a planning window, not a free pass. Use it well.

Questions? DM me or grab a free 15-minute call — link in bio.

Most tax preparers disappear after April 15th.

I don't.

As an Enrolled Agent (EA) — the only tax professional federally licensed by the U.S. Department of the Treasury (Treasury Circular 230) — I'm available 365 days a year. Whether you get an IRS notice in July, need help with an estimated tax decision in September, or want to lock in year-end moves before December 31st, I'm here.

The EA credential means:
✅ I passed a rigorous 3-part IRS exam covering individuals, businesses, and representation
✅ I'm authorized to represent you before the IRS at any level — audits, appeals, collections (Treasury Circular 230, §10.3)
✅ I'm required to complete 72 hours of continuing education every 3 years (Treasury Circular 230, §10.6)

You don't have to wait for a crisis. The best tax outcomes come from planning all year — not scrambling in April.

I serve clients in all 50 states via video meetings, in English and Hebrew.

📩 DM me or book a free 15-minute consult — no pressure, just real answers.

Got a letter from the IRS? Take a breath — most IRS notices don’t mean you’re in serious trouble. But here’s the thing: ignoring one almost always makes it worse.

Every notice has a specific number (like CP2000 or LT11) that tells you exactly what the IRS is asking about (IRS Pub. 594). Read it carefully before you assume the worst — and before you assume they’re right either. The IRS makes mistakes.

You typically have 30–60 days to respond, depending on the notice type (IRC §6213). Miss that window and you could lose your right to appeal or dispute the amount.

If you don’t respond at all, the IRS can escalate. That means tax liens and levies on your bank accounts, wages, or property (IRC §6321, §6331). A simple letter can turn into a collection nightmare.

Before you respond — or before you write a check — talk to a professional. As an Enrolled Agent, I’m federally licensed to represent taxpayers before the IRS at every level: audits, appeals, collections, and more (Circular 230). A wrong response can lock you into an outcome you didn’t need to accept.

You have rights. An installment agreement, an Offer in Compromise (IRC §7122), penalty abatement, an appeal — these are real options most people never use because they didn’t know to ask.

📩 Got a notice? DM me or visit aplustaxhelp.com — let’s figure out what it actually means and what your best move is.

Just filed your taxes as a sole proprietor? You might have left money on the table — and now is the perfect time to fix that before next year.

As a sole proprietor or single-member LLC (disregarded entity by default), every dollar of net profit is subject to self-employment tax — that’s 15.3% on top of your regular income tax (IRC §1401). There is no separation between you and your business income.

An S-Corp changes the picture. You pay yourself a reasonable salary, run payroll, and only the salary is subject to payroll taxes. Remaining profit flows to you as distributions — not subject to SE tax (IRC §1361–1379). Depending on your net income, this structure can save you thousands of dollars every year.

A C-Corp is built for businesses seeking outside investment, retaining earnings at the entity level, or setting up equity plans for employees. For most small service businesses, double taxation makes it a less attractive default — but for some situations, it’s exactly the right fit.

There is no universal answer. The best structure depends on your income, industry, how you want to pay yourself, and your long-term plans. The decisions you make now will show up on next year’s return.

Not sure which structure makes sense for you? I’d love to run the numbers together. Send me a DM or book a free 20-minute consultation.

📩 DM me or visit aplustaxhelp.com
📞 (212) 470-4982