AMD Accounting, LLC

07/17/2026

Quick heads-up for business owners who track mileage: 2026 now has two IRS mileage rates instead of one. That means a little extra planning now could save headaches at tax time next year.

The IRS increased the business mileage rate effective July 1, 2026, creating two mileage rates for the same tax year.

07/13/2026

Have you ever gotten an IRS penalty after years of doing everything right?

Good news - the IRS is finally making penalty relief automatic for eligible taxpayers.

The IRS is making penalty relief simpler. Eligible taxpayers with a history of filing and paying on time may now receive automatic relief from certain IRS penalties—no request required.

05/15/2026

We’re seeing a new IRS notice (CP53E) showing up in mailboxes—and it’s causing a lot of confusion.

If you’ve received one, don’t panic. Here’s what it means and what to do next:

What it means and what you should do if you receive IRS Notice CP53E

04/13/2026

⏰ Friendly tax deadline reminder ⏰

In case you’ve lost track of time, the tax filing deadline is this Wednesday, April 15.

If you haven’t filed yet, I recommend filing an extension.
�✅ Good news: if we prepared your return last year, we file your extension automatically—nothing you need to do.

⚠️ Just a reminder: an extension gives you more time to file, not more time to pay. Any balance due should still be paid by April 15 to avoid penalties and interest.

As always, reach out if you have questions—we’re happy to help.

03/16/2026

🚨 Today is the pass‑through entity deadline! 🚨
That includes partnerships and S‑corps.

✅ Existing clients: If you haven’t dropped off your info yet, no worries — we automatically filed an extension for you. Your new due date is September 15, 2026.

⚠️ Not a client yet? This is your friendly reminder to file an extension today if you haven't filed already. Missing it can mean automatic late‑filing penalties, even if no tax is due.

If you need help or have questions, feel free to reach out.

03/09/2026

I get multiple fake IRS calls every day claiming I have an unresolved tax filing, a past‑due account, or some urgent issue that needs immediate action.

They’re scams — but they sound real enough to cause stress.

The IRS publishes a “Dirty Dozen” list each year to highlight the most common tax scams, and I’ve shared this year’s list here. If something pushes urgency or asks for personal information, pause and double‑check before responding.

Each year, the IRS publishes its “Dirty Dozen” list to highlight the most common tax scams they’re seeing. These schemes tend to spike during tax season—but many happen year‑round. Here’s this year’s list: Fake IRS emails & texts Scammers send emails or texts that look official - s...

02/15/2026

FYI - the Comptroller has permanently closed their Elkton branch.

We've moved! Our Elkton branch location is now permanently closed. Our newest location in Bel Air opens on Tuesday, February 17, 2026. It is located at:

1904 Emmorton Road
Bel Air, MD 21015

To find your closest location and to schedule an appointment visit: MarylandComptroller.gov/about/locations

02/06/2026

Trump Accounts — What Parents Need to Know

✔️ If you have a child under age 18, you may be eligible to open a Trump Account.

🍼 If you had (or will have) a baby between 1/1/25 and 12/31/28, your child may also qualify for a $1,000 federal pilot contribution.

regardless of political affiliation — free seed money for your child’s future is worth paying attention to.

Read more on the blog and let us know if you’d like help making the election.

What Are “Trump Accounts”? A Trump account is a new type of child savings account created by the IRS that functions similarly to a traditional IRA but is designed to give children a head start on long-term savings. These accounts can receive contributions from family, employers, and (for eligibl...

01/13/2026

Friendly reminder in case you aren't on our emailing list: 2025 Q4 estimated tax payments are due Thursday, January 15th.

If you normally make quarterly payments, be sure to get yours in on time to avoid penalties. If you’re not sure whether this applies to you or need help confirming your estimated tax due, feel free to reach out.

Send a message to learn more

01/09/2026

It’s official… The IRS has announced that the 2026 tax filing season opens Monday, January 26, 2026.

Key deadlines to note:
⏳ Monday, March 16 – Partnerships & S-corps
⏳ Wednesday, April 15 – Individual returns & payments

Excitement levels may vary.

Ready, set, file.

Send a message to learn more