ANN Accounting Unlimited LLC.

08/09/2026

Starting January 1, 2026, businesses must file Forms 1099-NEC and 1099-MISC only when contractor payments reach $2,000 or more per year — up from the previous $600 limit. The threshold will be adjusted for inflation annually beginning in 2027.

06/03/2026

Rev. Proc. 2026-24 also includes the revised maximum amount that may be made newly available for excepted-benefit health reimbursement arrangements and the aggregate monthly fees allowable for direct primary care service arrangements.

03/20/2026

New tax deductions from the One, Big, Beautiful Bill provisions include:
• Overtime Pay Deduction
• Tip Income Deduction
• Senior Deduction
• Standard Deduction Boost

Learn more from the at: https://ow.ly/iycs50Ysphr

02/05/2026

Discover how Trump accounts may be able to help families boost kids’ long-term financial security.

02/02/2026

There are income/location guidelines on the $250 though.

01/29/2026

and Treasury are moving into a new era, and leaving relics of the past behind. This means we're saying goodbye to paper checks, and we're saying hello to electronic payment methods. Did you know that direct deposit refunds are less likely to get returned as undeliverable? And don’t forget, electronic tax payments are less likely to post late, helping you avoid penalties and interest.

Use our Frequently Asked Questions to get the answers you need at https://ow.ly/J5LW50Y4q49.

01/26/2026

🧾 Monday Tax Tip for Business Owners (1099 Edition)

If you receive or issue 1099s, this one’s for you 👇🏽

• Received a 1099? No taxes were withheld, so be sure you’re setting aside funds for federal, state, and self-employment taxes.
• Paid contractors $600 or more? You must issue 1099-NEC forms by January 31st to avoid penalties.
• Track your expenses—supplies, mileage, home office, phone, and marketing costs can help lower your taxable income.
• Earn 1099 income year-round? You may be required to make quarterly estimated tax payments to avoid penalties.
• Double-check your 1099s against your records. Income must be reported even if a 1099 is missing or incorrect.

📊 Staying organized now = less stress later.

👉 Feel free to contact me with any questions or for help getting tax-ready!

01/26/2026

The Internal Revenue Service officially opened tax-filing season amid changes from the One Big Beautiful Bill Act and the threat of another government shutdown.

01/01/2026