Ultiemily Advisory Services

10/29/2026

📊 Tax Season Prep: Understanding Schedule B (Form 1040)

Did you earn interest from your savings account, receive investment dividends, or have a foreign financial account this year? 💰 These details could affect how you file your taxes!

My latest blog breaks down Schedule B (Form 1040) and what you need to know before tax season.

✅ What you'll learn:

When you may need to file Schedule B

How to report taxable interest and ordinary dividends

Which tax documents to gather, including Forms 1099-INT, 1099-DIV, and Schedule K-1

What to know about foreign financial accounts and additional reporting requirements

💡 Tax tip: Schedule B is generally required if your taxable interest or ordinary dividends exceed $1,500, or if certain other filing requirements apply. Don't overlook investment income when organizing your tax records!

📖 Read the full blog here:
https://www.ultiemilyadvisoryservices.com/post/understanding-schedule-b-form-1040-income-to-report-and-records-to-gather

📅 Ready to get ahead of tax season? Schedule a free 30-minute consultation with Ultiemily Advisory Services to discuss your tax planning needs and prepare for a more organized filing season.

Let's work together toward a stronger financial future!

10/12/2026

💍 A Little Wedding Announcement from Ultiemily Advisory Services! 💍

We’re taking a short break to celebrate a special milestone! ❤️

Ultiemily Advisory Services will have limited availability and delayed response times over the next two weeks as we celebrate our wedding. Thank you so much for your patience and understanding during this exciting time!

We’ll be back soon and ready to help with all your bookkeeping, tax preparation, payroll, and advisory needs. 📊💼

Our weekly blog posts will also return in two weeks, with helpful tips and resources to get you prepared for the upcoming tax season! 📝📅

Thank you for your continued support. We look forward to connecting with you again soon and helping you build a stronger financial future!

— Ultiemily Advisory Services

09/17/2026

📢 Blog Post 4 is LIVE!

💰 Retirement Contributions: Are You Saving Enough?

Planning for retirement doesn’t have to wait until retirement is right around the corner. Understanding contribution limits, tax benefits, and how retirement savings can affect your overall tax picture can help you make more informed financial decisions.

Our latest blog post breaks down 2026 retirement contribution limits and what you should know when planning your retirement savings.

📖 Read Blog Post 4 to learn more about retirement contributions and tax planning.

https://www.ultiemilyadvisoryservices.com/post/retirement-contributions-a-simple-way-to-reduce-your-taxable-income

Need help connecting your tax strategy with your retirement goals? Ultiemily Advisory Services can help you understand your tax situation and prepare for a conversation with your financial advisor.

📅 Set up a meeting with Ultiemily Advisory Services today to discuss your tax and financial planning needs.

🔗 Visit ultiemilyadvisoryservices.com to learn more or book a consultation.

09/03/2026

📢 New Blog Post Is Live!

Standard Deduction vs. Itemized Deduction: Which One Is Right for You?

https://www.ultiemilyadvisoryservices.com/post/form-1040-standard-deduction-vs-itemizing-what-should-you-do-for-your-2026-tax-return

Tax planning starts before tax season! Our newest blog post breaks down the difference between the standard deduction and itemized deductions and what you should consider when preparing for your 2026 tax return.

📋 Not sure what documentation you’ll need? Book a call today to discuss what records and receipts you should be gathering now so you’re ready when tax season arrives.

📅 Tune in next week! We’ll be taking a closer look at Schedule 1 and the adjustments that can affect your Adjusted Gross Income (AGI).

Stay ahead of tax season with Ultiemily Advisory Services!

📞 Book a call today to start preparing for year-end.

https://calendly.com/emilyg-ultiemilyadvisoryservices/30min?month=2026-09

🌐 ultiemilyadvisoryservices.com

08/28/2026

📋 Get Ready for Tax Season Before the New Year!

As the end of the year approaches, now is the perfect time to start preparing for tax season. My latest blog walks you through what income you need to report on Form 1040 and provides a practical pre-filing checklist to help make sure you have the documents you need.

Don’t miss an important document or wonder whether you’re ready to file!

📌 Want a personalized checklist?

Schedule a FREE 30-minute consultation with Ultiemily Advisory Services and receive your own pre-tax-season filing checklist tailored to your situation.

👉 Read the blog: Form 1040: What Income to Report & A Practical Pre-Filing Checklist

https://www.ultiemilyadvisoryservices.com/post/form-1040-what-income-to-report-and-a-practical-pre-filing-checklist

Let’s make tax season organized, accurate, and stress-free!

A straightforward guide to organizing your income documents, reporting common tax items, and checking your return before filing.Preparing a Form 1040 is more than entering the numbers from a few tax forms. A complete return starts with gathering the right documents, identifying all sources of income...

08/20/2026

New Series: Get Tax-Season Ready! 📚💰

New series for the rest of the year! 🎉

We’re going to walk through the different items on your tax return and what you should be thinking about throughout the year to help you prepare for tax season in January.

The goal? No last-minute scrambling! 🙌

Throughout this series, we’ll cover tips and reminders to help you stay organized, understand what information you need to keep, and make the tax filing process smoother.

Need help getting organized or want to make sure you’re on our list for the upcoming tax season? Schedule a time with Ultiemily Advisory Services today.

We help navigate the tax filing process so you can cross it off your to-do list earlier. ✅

🌐 www.ultiemilyadvisoryservices.com

08/06/2026

📋 Is Your S-Corporation Staying Compliant?

Electing S-Corporation status can provide valuable tax savings—but those savings come with additional responsibilities. Staying compliant throughout the year can help you avoid penalties, reduce audit risk, and keep your business running smoothly.

07/30/2026

One of the most overlooked year-end tasks for business owners is collecting Form W-9s from vendors before making payments.

Why is a W-9 important?

✅ Confirms the vendor's legal business name and Tax Identification Number (TIN)

✅ Helps determine whether a vendor should receive a 1099 at year-end

✅ Reduces the risk of IRS penalties for missing or incorrect information

✅ Saves time and stress during tax season

Many business owners wait until January to request W-9s, only to find vendors are unresponsive or difficult to track down. The best practice is to obtain a completed W-9 before issuing the first payment.

A simple W-9 collection process can help keep your records organized, ensure compliance with IRS requirements, and make year-end 1099 filing much smoother.

Need help setting up a vendor onboarding process or determining who should receive a 1099? Ultiemily Advisory Services can help.

📞 Schedule a consultation today at www.ultiemilyadvisoryservices.com

Ultiemily Advisory Services is a small tax preparation and bookkeeping services to help serve clients in the Philadelphia region to make personal or business finance east from a trusted face.

07/16/2026

Philadelphia businesses: Have you reviewed your BIRT filings recently?

Recent legislative changes may mean it's time to revisit your Philadelphia tax returns.

Beginning with Tax Year 2025:
✓ The $100,000 BIRT exemption has been eliminated.
✓ The BIRT tax rates have been reduced.
✓ More businesses—including sole proprietors, single-member LLCs, partnerships, and corporations conducting business in Philadelphia—may now be required to file BIRT returns.

A proactive review now could help identify:
• Amended return opportunities
• Estimated tax payment adjustments
• Compliance issues before penalties arise
• Tax planning opportunities for future years

Contact Ultiemily Advisory Services to review your Philadelphia tax filings and determine whether any amendments or planning opportunities may apply to your business.

📩 Visit www.ultiemilyadvisoryservices.com to schedule a free 30-minute consultation.

PICPA Blog Post: https://blog.picpa.org/new-pa.-budget-act-changes-philadelphias-business-income-and-receipts-tax-base?utm_content=382621512&utm_medium=social&utm_source=linkedin&hss_channel=lcp-49788

Pa.'s new budget contains few tax changes, but it has made changes to Philadelphia's BIRT that are retroactive to tax years beginning after Dec. 31, 2024.

07/07/2026

🎉 Exciting news! 🎉

I'm proud to share that I'm now Gusto Payroll Certified!

Whether you're hiring your first employee or looking to simplify your payroll process, Ultiemily Advisory Services is here to help. From payroll processing and tax filings to compliance support, you can feel confident knowing your payroll is handled accurately and on time.

Ready to spend less time on payroll and more time growing your business? Contact Ultiemily Advisory Services today to learn how we can support your business!