Access Accounting Associates

04/09/2026

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

03/28/2026

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

03/26/2026

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

03/26/2026

03/26/2026

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

03/26/2026

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

03/26/2026

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

01/18/2026

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.

01/14/2026

💡 Tax Tip #1: Moving into a higher tax bracket does NOT mean all your income is taxed at a higher rate

This is one of the most common tax misconceptions.

The U.S. tax system uses marginal tax brackets, which means your income is taxed in layers. Only the portion of your income that falls into a higher bracket is taxed at that higher rate. The rest of your income is still taxed at the lower rates below it.

In general, earning more money does not mean you take home less. A raise, bonus, or additional income does not cause all of your income to be taxed at the highest rate you reach.

Understanding how tax brackets work can help reduce unnecessary fear around earning more, changing jobs, or growing a business. It also helps explain why tax planning matters just as much as tax filing.

📌 This is general tax education and is not individual tax advice. Tax situations vary based on income, filing status, and other factors.

For questions or to schedule a consultation, contact:
🌐 https://accessaccountingassoc.com
📧 [email protected]
📞 (973) 769-4310

✨ Clear guidance. Local expertise. Trusted support.

01/12/2026

IRS notifications coming through. Tax filing season begins January 26,2006. Paper filing is on its way out!
What the IRS phaseout of paper checks means for you

IRS is moving away from sending paper refund checks for most taxpayers. The change will improve security, speed up refunds and lower costs.

Here’s what that means for you:

File your tax return as usual.
Expect your refunds by direct deposit or other secure electronic method.
In some cases, prepaid debit cards and digital wallets may be used.
Have your bank information or consider opening a free or low-cost account. Visit FDIC: GetBanked and MyCreditUnion.gov for account options.
This change also applies to payments to the IRS. Continue using current options until updated guidance is shared at IRS.gov/modernpayments.

01/08/2026

As gets closer, you might consider hiring a to do your taxes. Free resources explain what differentiates one preparer from another and even share what red flags to watch out for. An IRS directory of preparers lists credentials and select qualifications to help you choose the right fit for you. Working with the right person can help reduce your tax bill or possibly get a refund.

Find the right tax professional for you at www.irs.gov/chooseataxpro.