Andrey Sapir, EA

10/29/2026

Year-end tax planning tip: the 2026 401(k) limit is $24,500 — and the clock runs out December 31.

Pre-tax (traditional) retirement contributions can lower the income you're taxed on this year while you save for later. A quick check-in now can make a real difference before the year closes.

✅ 401(k)/403(b): up to $24,500 for 2026. Employee deferrals generally have to come out of paychecks by year-end, so ask payroll about a bump for your last few checks.
✅ Age 50+: an extra $8,000 catch-up (ages 60–63: $11,250 instead).
✅ IRA: up to $7,500 ($1,100 more at 50+). You have until your filing deadline (not including extensions) to contribute for 2026. Self-employed? A SEP can be set up and funded by your return's due date, including extensions.

Not sure how to use the 2026 401(k) limit alongside an IRA or SEP? Let's look at it together.

Book a free 30-minute consult: calendly.com/andrey-sapir/30min
sapirea.com
📞 267-386-7911

SAPIR EA is an Enrolled Agent practice in Jamison, PA, helping Bucks County individuals and small businesses (and clients nationwide) with tax, bookkeeping and IRS representation.

General information, not individual tax advice.

10/27/2026

Year-end small business bookkeeping cleanup: do it now, thank yourself in April. 📚

There are about two months left in 2026. A few hours on your books this fall can make tax season faster and less stressful, and it gives you a clear picture of how the year actually went.

✅ Reconcile every bank and credit card account through December, so your books match your statements.
✅ Keep business and personal spending separate. Recategorize any mixed transactions now, while you still remember what they were.
✅ Save the documents behind the numbers: receipts, invoices, deposit records and payroll paperwork. The IRS generally says to keep income tax records for 3 years, and employment tax records for at least 4.

Clean small business bookkeeping also makes year-end tax planning conversations more useful, because you're working from real numbers instead of guesses.

Book a free 30-minute consult: calendly.com/andrey-sapir/30min
sapirea.com
📞 267-386-7911

SAPIR EA is an Enrolled Agent practice in Jamison, PA, offering tax, bookkeeping and IRS representation for Bucks County and clients nationwide.

General information, not individual tax advice.

10/22/2026

Need IRS letter help? A CP2000 notice in the mailbox is stressful, but it's not a bill and it's not a formal audit. 📬

A CP2000 means the income or payments reported to the IRS by employers, banks or brokers don't match what's on your return. The IRS is proposing a change and asking whether you agree.

✅ Find the reply-by date on the notice. Responses are usually due within 30 days of the date printed on it.
✅ Compare the notice line by line with your W-2s, 1099s and return.
✅ If you agree, follow the notice's instructions. If you disagree, sign the response form, say so, and attach documentation.

Not sure the letter is real? The IRS says a letter is usually its first contact, and you can check your IRS Online Account to see if the notice is on file. The IRS never asks for payment by gift card.

Ignoring a CP2000 can lead to a Notice of Deficiency and a bill, so reply on time. Using Form 2848, you can authorize an Enrolled Agent to handle the IRS for you.

Book a free 30-minute consult: calendly.com/andrey-sapir/30min
sapirea.com
📞 267-386-7911

SAPIR EA is an Enrolled Agent practice in Jamison, PA, providing tax, bookkeeping and IRS representation to Bucks County and clients nationwide.

General information, not individual tax advice.

10/20/2026

1099 filing for small business just changed: the $2,000 threshold starts with 2026 payments.

If you pay contractors, freelancers or other vendors, here's the update. For payments made in 2026, Forms 1099-NEC and 1099-MISC are generally required when you pay someone $2,000 or more during the year. The old threshold of $600 stood for decades. The IRS says the new amount may be adjusted for inflation starting in 2027.

Some businesses will file fewer forms, but the January 31 deadline hasn't moved. Q4 is the time to get your books ready:

✅ Collect a Form W-9 from every contractor you pay
✅ Total your 2026 payments per payee
✅ Flag anyone over $2,000 before 1099 filing season

Bucks County business owners: a little year-end bookkeeping now makes January much calmer.

Book a free 30-minute consult: calendly.com/andrey-sapir/30min
sapirea.com
📞 267-386-7911

SAPIR EA is an Enrolled Agent firm in Jamison, PA, providing tax, bookkeeping and IRS representation to Bucks County and clients nationwide.

General information, not individual tax advice.

10/19/2026

Year-end tax planning tip for small business owners: if you're buying equipment, when you put it to work matters.

Under the One, Big, Beautiful Bill, 100% bonus depreciation is back, and it's permanent for qualifying property acquired after January 19, 2025. Equipment, machinery or computers placed in service by December 31 may be fully deductible on your 2026 federal return instead of written off over several years.

Before you buy:
✅ It must be in service by 12/31, not just ordered or paid for
✅ A bigger deduction this year isn't always better; it depends on this year's income vs. next year's
✅ Pennsylvania has its own depreciation rules, so your state deduction can differ

Don't buy something you don't need just for the write-off. Run the numbers first.

Book a free 30-minute consult: calendly.com/andrey-sapir/30min
📞 267-386-7911 | sapirea.com
SAPIR EA handles year-end tax planning, bookkeeping and IRS representation for small businesses in Bucks County and nationwide.
General information, not individual tax advice.

09/11/2026

Twenty-five years ago today.

We remember the 2,977 lives lost on September 11, 2001 — and the first responders who ran toward the danger when everyone else was running away.

We remember Flight 93, and the passengers who made their stand over a field in Shanksville, Pennsylvania.

Our office is observing the day quietly. 🇺🇸

09/07/2026

Labor Day began as a tribute to working people.

That’s exactly who our clients are — business owners meeting payroll, contractors on job sites, professionals putting in long weeks, and families making it all work.

Thank you for letting us handle the tax side while you do the rest.

Two quick notes: our office is closed Monday, September 7, and we’re back Tuesday the 8th. And Q3 estimated tax payments are due Tuesday, September 15 — if your income this year has looked different from last year, it’s worth checking that number before the payment goes out.

Enjoy the long weekend.

SAPIR EA · Jamison, PA · 267-386-7911 · sapirea.com

08/31/2026

Q3 2026 Tax Planning: September Deadlines

Prepare for Q3 close with September 15 estimated tax deadlines, extended business returns, bookkeeping steps, and 2026 planning updates for individuals and businesses.

https://sapirea.com/contact

07/25/2026

The IRS set the 2026 IRA numbers, and they're worth a look before you fund anything this year.

The basics:
▪️ Traditional and Roth IRAs: $7,500, or $8,600 if you're 50 or older (combined limit across both)
▪️ SEP IRA for the self-employed: up to $72,000
▪️ Roth income phase-outs: $153,000–$168,000 single, $242,000–$252,000 married filing jointly
▪️ Backdoor Roth: available at any income, no phase-out

A few things that trip people up every filing season:

Making a nondeductible traditional IRA contribution and skipping Form 8606. The IRS then has no record of your basis — which can mean paying tax twice on the same dollars.

Running a backdoor Roth while holding a pre-tax SEP or traditional IRA balance. The pro-rata rule treats all of them as one pot on December 31, and a big chunk of what should have been a tax-free conversion becomes taxable income.

And the deadline confusion: you have until April 2027 to make 2026 contributions, but Roth conversions must be done by December 31, 2026. Those two clocks run differently.

I wrote up the whole thing — all four strategies, the 2026 limits and phase-outs, the step-by-step backdoor sequence, and when a solo 401(k) beats a SEP.

Read it here: sapirea.com/traditional-roth-sep-backdoor-roth-iras-in-2026-the-complete-tax-strategy-guide

Questions about your own situation? Happy to talk it through. 👇

https://calendly.com/andrey-sapir/30min

07/17/2026

Big news from the IRS: penalty relief is going automatic. 🎉

Starting this summer, the new Automatic Exemption from Penalty (AEP) prevents failure-to-file and failure-to-pay penalties — plus failure-to-deposit penalties for businesses — before they're ever assessed. No request, no letter, no phone call.

Who qualifies:
✅ Clean compliance history — 3 years (or 12 consecutive quarters for quarterly filers)
✅ Eligible 2025 returns and 2026 quarterly returns
✅ 1040, 1065, 1120, and payroll (94x) series

One catch: the old First-Time Abatement is being phased out through summer 2026, so some qualifying taxpayers will still get "late" notices. If one lands in your mailbox, don't panic — and don't pay it before talking to us. Relief may still be available.

Free consult: 267-386-7911 | sapirea.com

Contact Sapir EA — reach out for accounting, bookkeeping, tax, or payroll services. We’re here to answer your questions and guide your business forward.