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Introducing Our New Tax Return Scheduling System: SchedulEase
We’re excited to roll out a new update that will make tax season smoother for everyone. Starting this year, all tax return appointments will be scheduled through SchedulEase , our new online system designed to save you time and reduce back-and-forth. Why We Made the Change Each year we look for ways to make filing easier and more efficient for our clients. SchedulEase gives you a simple, organized way to manage your tax appointment by allowing you to: Schedule in just a few c
zlkcpa
4 days ago2 min read


Client Advisory: House Moves to Strengthen IRS Penalty Rules and Improve Tax Court Procedures
The House of Representatives recently approved two bills that aim to give taxpayers stronger protections when dealing with the IRS and the United States Tax Court. These changes are not law yet, but they are important steps that could make the tax process fairer and more predictable. What’s Changing 1. IRS Penalty Approval Rules A bill called the Fair and Accountable IRS Reviews Act would require IRS agents to get written approval from their direct supervisor before assessin
zlkcpa
6 days ago2 min read


Charitable Deduction Gets Caps, Floors and “Haircuts” in the OBBBA
What the new rules mean for your giving strategy If you’re someone who gives regularly to charities, the OBBBA (Ongoing Budget, Benefits & Business Act) brings some changes you’ll want to know about. Lawmakers kept the charitable deduction in place, but they added new limitations that can affect how much you’re allowed to deduct each year. Below is a simple breakdown of what changed and what it means for your tax planning moving forward. When Do These Changes Start? The new r
zlkcpa
Dec 33 min read


December to Remember: Smart Tax Savings on Business Vehicle Purchases
As we head into the final month of the year, many business owners start thinking about last-minute tax strategies. One of the most common questions we hear during December tax planning sessions is, “Should I buy a vehicle before year-end to save on taxes?” A new car or truck purchase can create tax deductions, but it’s not always the best move. At Kamish & Associates, we want our clients to understand the full picture before making a big financial decision. Here’s what you n
Zachary Kamish
Dec 13 min read


IRS Announces Higher Retirement Contribution Limits for 2026
Planning for retirement gets a small boost in 2026. The IRS has released new contribution limits for popular retirement plans, reflecting inflation-based adjustments that help taxpayers save more each year. Here’s a simple breakdown of what’s changing and how it may affect your planning. Workplace Retirement Plans: Higher Limits Ahead Employees contributing to 401(k), 403(b), governmental 457 plans or the Thrift Savings Plan can save up to $24,500 in 2026. That’s an increase
zlkcpa
Nov 142 min read


Avoiding Audits: How to Reduce Your Risk and Stay Confident at Tax Time
No one wants to get that letter from the IRS. Even when you’ve done everything right, the thought of an audit can cause unnecessary stress. The truth is, most audits can be avoided with careful planning, accurate reporting, and consistent recordkeeping. At Kamish & Associates, we help clients build habits that keep them audit-ready all year long. Here’s what you need to know about what triggers an audit, and how to reduce your risk. What Typically Triggers an Audit Most IRS a
Zachary Kamish
Oct 273 min read


Big Win for Taxpayers: What the New Math & Taxpayer Help Law Means
At Kamish & Associates, we believe clarity and fairness should always be part of the tax process. That’s why we’re encouraged by the recent passage of the Internal Revenue Service Math and Taxpayer Help Act (IRS MATH Act). With this new law in place, the communication you receive from the Internal Revenue Service will become more transparent, and that’s good news. Here’s what you should know: When the IRS identifies a math or clerical error on your return, they’re now require
Zachary Kamish
Oct 272 min read


IRS Services Limited During Ongoing Government Shutdown
As the federal government shutdown continues, many IRS operations are on hold. Since October 8, the agency has been under a broad furlough, leaving only a fraction of employees on duty. This means taxpayers and professionals can expect longer wait times, slower responses, and possible delays with return processing or issue resolution. Currently, about 39,000 IRS employees, those considered essential for core tax law operations, are still working. That’s less than half of the
zlkcpa
Oct 212 min read


Understanding Rental Property Expenses: Fixed Assets vs. Ordinary Expenses
If you own rental property, understanding how to categorize and deduct your expenses can make a big difference at tax time. Some costs can be deducted right away, while others must be capitalized and depreciated over time. Knowing the difference between ordinary expenses and fixed assets , and how depreciation fits in, is key to maximizing your deductions and staying compliant. Ordinary (Current) Expenses Ordinary expenses are the everyday costs of operating and maintaining
Zachary Kamish
Oct 202 min read


IRS Pauses Most Operations Amid Ongoing Government Shutdown
The Internal Revenue Service has announced that most of its operations are now closed as the federal government shutdown continues past the agency’s initial contingency plan period. In a notice posted Wednesday, the IRS stated that it began furloughing a significant portion of its workforce on October 8, 2025. Only employees identified as “excepted” or “exempt” will continue working. The agency had been able to operate for the first few days of the shutdown using leftover fun
zlkcpa
Oct 132 min read


Understanding Passive Activity Rules for Real Estate Investors
If you own rental property or are thinking about investing in real estate, it’s important to understand how your income and losses are...
zlkcpa
Oct 73 min read


IRS Leaves Per Diem Rates Unchanged for 2025 - 2026 Travel Year
Business owners and employees who rely on per diem allowances for business travel can breathe a little easier, at least for now. The IRS...
zlkcpa
Oct 72 min read


IRS to Phase Out Paper Refund Checks - What You Need to Know
If you’ve ever waited weeks for a paper refund check in the mail (or worse, had one misplaced), there’s some news you’ll want to know:...
zlkcpa
Sep 242 min read


Don’t Let Social Media Cost You Thousands in Tax Penalties
The IRS has recently handed out more than $162 million in penalties to taxpayers who followed misleading tax advice they found on social...
zlkcpa
Sep 112 min read


Big Changes Coming to 529 Plans: What Families Need to Know
Starting in 2026, families will have much more flexibility when using 529 plan funds, thanks to the One Big Beautiful Bill Act (OBBBA)....
zlkcpa
Sep 113 min read


Bank of America Accounts in QuickBooks Online: Action Required
If you use a Bank of America account connected to QuickBooks Online, there’s an important update coming soon. Bank of America is rolling...
Zachary Kamish
Sep 112 min read


IRS Prepares to Finalize “No Tax on Tips” Occupations - Are You Eligible?
The Treasury Department has revealed a preliminary list of 68 occupations that could qualify for the groundbreaking "No Tax on Tips"...
Zachary Kamish
Sep 32 min read


IRS Drafts New 2026 Form W-2 with Dedicated Boxes for Tips, Overtime, and More
The IRS has just released a draft of the 2026 Form W‑2 , designed to capture newly eligible tax deductions for tips and overtime, under...
zlkcpa
Sep 32 min read


Why Tax Planning Is Essential for the Upcoming Year
At Kamish & Associates, we believe tax planning isn’t just about saving money, it’s about setting your business and personal finances up...
Zachary Kamish
Aug 262 min read


Form 1065: Why Partnerships Need to Pay Attention
If you think filing a partnership return on Form 1065 isn’t risky, it’s time to think again. The IRS has made significant changes in how...
Zachary Kamish
Aug 253 min read
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