Adam L Gardner Accounting & Tax Service, Inc.

04/22/2026

Real estate investors: depreciation reduces your taxes every year you own a rental property. That is the part everyone knows.

Here is the part that surprises people at closing: when you sell, the IRS taxes that depreciation back at up to 25 percent. It is called depreciation recapture and it can add tens of thousands of dollars to your tax bill if you did not plan for it.

Worth a conversation with your tax professional before you are already in contract.

04/20/2026

Quick reminder for anyone who filed an extension this year: the extension covers your filing deadline, not your payment deadline.

If you owed money April 15 and did not pay, the meter is already running.

Worth a conversation with your tax pro sooner rather than later.

Send a message to learn more

04/08/2026

Your LLC Might Be Costing You Thousands. Here Is Why.

Most small business owners choose their business structure once and never look back. They form an LLC, start filing taxes, and assume the setup is working. However, your entity type is one of the most consequential tax decisions you will ever make. For many business owners, it is quietly costing them thousands of dollars every year. Now is a good time to revisit that decision....

Most small business owners choose their business structure once and never look back. They form an LLC, start filing taxes, and assume the setup is working. However, your entity type is one of the m…

04/08/2026

Qualified Tip Deduction: New 1099 Rules for Self Employed Professionals in 2026

According to recent IRS guidance, tips must be reported properly on an official information return, such as a 1099. Otherwise, they do not qualify for the deduction under Internal Revenue Code Section 224. ...

According to recent IRS guidance, tips must be reported properly on an official information return, such as a 1099. Otherwise, they do not qualify for the deduction under Internal Revenue Code Sect…

03/16/2026

Progress can look like failure from the outside.

In business and in your finances, the wins usually come after a few things do not work.

Which describes you more right now? Testing and adjusting or Stuck and second guessing

03/16/2026

Did you know this tax deadline still applies to you?

If you own an S Corporation, you may still have time to open a Solo 401(k) for 2025 and make employer contributions.

Here’s the deal:
✅ Deadline is generally your business tax return due date — March 15, 2026 for most
✅ That extends to September 15 if you file an extension
✅ Employer contributions can still be made before that deadline
❌ Elective deferrals had to be set up before December 31 — that window is closed

The bottom line: one conversation with your tax advisor before your filing deadline could save you thousands in taxes for 2025.

Drop a comment or send me a message if you have questions.

Send a message to learn more

03/09/2026

Luck often looks like preparation.

The more often you review your numbers, the fewer surprises you face at year end for business and W 2 income changes.

Which are you right now? Reviewing regularly or Avoiding it

03/07/2026

Found the perfect house but your savings are not quite there yet?

Most buyers assume they need years to save for a down payment. That is not always true.

Here are smart, realistic ways first-time and relocating buyers can accelerate their home savings plan.

Read the full guide and see what is possible.

If you are serious about buying a home in 2026, your down payment strategy matters more than you think. From high-yield savings accounts to overlooked grant programs, this guide outlines the smarte…