Brentano Tax & Accounting LLC

Brentano Tax & Accounting LLC Jennifer Brentano, LTC

Brentano Tax Digital: https://brentanotax.com/digital-products/ Jennifer Brentano, LTC

The dreaded Notice LT11: This is your notice of intent to levy and your right to a hearing.Basically, the IRS hasn't rec...
06/18/2026

The dreaded Notice LT11: This is your notice of intent to levy and your right to a hearing.

Basically, the IRS hasn't received a response to previous notices regarding your balance(s) due, and they're running out of patience.

This notice is *serious* and requires a response. πŸ“¨

Otherwise, the IRS can pursue wage garnishments, levy your bank accounts, and seize certain assets.

If you've gotten to the point where you've received an LT11, it's time for professional help to ensure you're meeting all deadlines and advocating for your best interests.

Okay, getting into the IRS notices that *feel* a little scarier: it's CP2000.This letter lets you know that the IRS rece...
06/17/2026

Okay, getting into the IRS notices that *feel* a little scarier: it's CP2000.

This letter lets you know that the IRS received income or payment info from a third party that doesn't match what you reported.

Here's what you need to know about this notice ↓

The IRS is just letting you know that they noted some inconsistencies with your return.

It doesn't necessarily mean you got something wrong! That income could be reported elsewhere on your return.

You (and your tax accountant) should review the notice against your filed return and respond accordingly.

This isn't a letter to ignore; make sure to follow the instructions listed on your notice.

So... this one is a not-so-fun notice.It's basically the IRS telling you that they think you owe them money! 🫴If you wor...
06/16/2026

So... this one is a not-so-fun notice.

It's basically the IRS telling you that they think you owe them money! 🫴

If you worked with a tax accountant for the tax year in question, let them know you received this notice and would like additional support responding!

Over the next week, I'm going to be covering 5️⃣ of the most common IRS notices I see.If you want to know exactly what t...
06/15/2026

Over the next week, I'm going to be covering 5️⃣ of the most common IRS notices I see.

If you want to know exactly what these notices mean (and how you need to respond), lock in.

Let's kick off the series with CP12: the notice you get when the IRS has made a change to your tax return that affects your refund of tax due.

This post is going to seem totally self-serving... but hear me out! 😏I'm nominating professional fees, things like tax p...
06/14/2026

This post is going to seem totally self-serving... but hear me out! 😏

I'm nominating professional fees, things like tax prep, tax planning, bookkeeping, consulting, and legal fees as one of the most underrated tax write-offs for small business owners in 2026!

The thing is, all of these things make your life easier as a business owner.

They're actively helping save you money, keep more money, stay compliant, and avoid expensive mistakes.

HOT TAKE: It should be illegal to have a tax due date fall on a Monday! πŸ™ƒIf you clocked that quarterly taxes don't alway...
06/13/2026

HOT TAKE: It should be illegal to have a tax due date fall on a Monday! πŸ™ƒ

If you clocked that quarterly taxes don't always follow a "quarterly" schedule, here's why ↓

Way back in the day, Tax Day used to be March 15th, so Congress counted three months out and set June 15th as the next estimated tax deadline. πŸ“†

But when Tax Day got pushed back to April 15th (not complaining, btw), the June 15th deadline stayed the same.

Soooo, unfortunately, that's why your Q2 estimated taxes are due just two short months after you paid your April ones.

I don't make the rules; I just make sure you don't miss the deadlines! 🀷

If your business is a sole proprietor or you're taxed as a single-member LLC, how much you take in owner's draws doesn't...
06/04/2026

If your business is a sole proprietor or you're taxed as a single-member LLC, how much you take in owner's draws doesn't change your tax bill.

You're taxed on your profit... NOT the money you transferred to your personal account. πŸ’Έ

Leaving money in your business bank account doesn't hide it from the IRS (but it can be a smart way to manage cash flow).

Now, if you're taxed as an S corp, how + how much you pay yourself can have a huuuge effect on your taxes!

Not sure what applies to your small business? Let's optimize your tax situation together! πŸ€—

Hi πŸ‘‹I'm Jennifer Brentano, owner of Brentano Tax. I am a Licensed Tax Consultant.  I offer clear communication, timely s...
05/26/2026

Hi πŸ‘‹I'm Jennifer Brentano, owner of Brentano Tax. I am a Licensed Tax Consultant. I offer clear communication, timely service, and detail-focused tax preparation to make the process as smooth and stress-free as possible.
If you’re on extension and don’t want to wait until the last minute, now is the perfect time to get your taxes handled. Message me to get on my books today!

Insurance is waaay too expensive these days to miss out on writing it off (if you qualify).When you're self-employed, yo...
05/26/2026

Insurance is waaay too expensive these days to miss out on writing it off (if you qualify).

When you're self-employed, you may be able to deduct your health insurance premiums (including dental, vision, and qualifying long-term care premiums). This can apply to your spouse + dependents' premiums too!

What doesn't qualify? ↓

If you (or your spouse) were eligible for employer-sponsored coverage, this can affect whether you're able to deduct your premiums for those months.

The keyword here is eligible; this rule applies even if you didn't enroll in the employer-sponsored coverage. For each month you (or your spouse) were eligible, you can't deduct your SE health insurance premiums.

Also, the deduction can't exceed your earned self-employment income!

Getting audited does NOT always mean you're doing something sketchy!Sometimes, the IRS just wants more information on wh...
05/16/2026

Getting audited does NOT always mean you're doing something sketchy!

Sometimes, the IRS just wants more information on what you reported on your tax return. 🀷

But a few things that *will* flag in their system are when your income reported doesn't match the 1099s filed, claiming high deductions that don't align with those of other, similar taxpayers, and reporting business losses year after year.

These might be totally legit, but you want to make sure you have the receipts, records, and clean bookkeeping to prove it!

Message me if you need bookkeeping help or tax help.

Address

Stayton, OR
97383

Alerts

Be the first to know and let us send you an email when Brentano Tax & Accounting LLC posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Brentano Tax & Accounting LLC:

Share