NAS Accounting & Tax Hub, LLC

NAS Accounting & Tax Hub, LLC No annoying tax professional and financial lingo. Just straight, authoritative and friendly advice. Visit us: www.nasathub.com
Or give us a call: (224) 713-8979

NAS is a one stop accounting shop, in that we offer accounting (bookkeeping), tax preparation, audit, and tax resolution services to clients. We have been established since January 2022. NAS is noted to be the Hallmark of Accuracy, Quality, and Excellence. Accuracy: We ensure that consistent GAAP standards are applied throughout the financial reporting process. Quality: We provide useful and relev

ant accounting information to business owners for effective decision-making, that represents the economic reality of the company's activities during the reporting period as well as the company's financial condition at the end of the accounting period. Excellence: Our attention to detail, integrity, and solid work ethics enables us to provide excellent services to our clients. Let our team help eliminate your fears, frustrations, stress, and worries when it comes to changes in tax regulations and knowing where your hard-earned money is going. No more worrying about surprise fees, fines, or penalties from a lack of planning. We are excited to use our knowledge and experience to help you.

If yiu ever thought overtime, tips, and social security taxes have been completely eliminated or you just want to learn ...
07/15/2026

If yiu ever thought overtime, tips, and social security taxes have been completely eliminated or you just want to learn about these new tax laws, dont miss this video

You've probably heard "No Tax on Tips," "No Tax on Overtime," and "...

๐—–๐—ฎ๐—ป ๐—œ ๐—ด๐—ฒ๐˜ ๐—ฎ ๐˜๐—ฎ๐˜… ๐˜„๐—ฟ๐—ถ๐˜๐—ฒ-๐—ผ๐—ณ๐—ณ ๐—ถ๐—ณ ๐—œ ๐—ฏ๐˜‚๐˜† ๐˜‚๐˜€๐—ฒ๐—ฑ ๐—ฒ๐—พ๐˜‚๐—ถ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ ๐—ณ๐—ผ๐—ฟ ๐—บ๐˜† ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€?Yes, both Section 179 and the permanently restored 100...
07/15/2026

๐—–๐—ฎ๐—ป ๐—œ ๐—ด๐—ฒ๐˜ ๐—ฎ ๐˜๐—ฎ๐˜… ๐˜„๐—ฟ๐—ถ๐˜๐—ฒ-๐—ผ๐—ณ๐—ณ ๐—ถ๐—ณ ๐—œ ๐—ฏ๐˜‚๐˜† ๐˜‚๐˜€๐—ฒ๐—ฑ ๐—ฒ๐—พ๐˜‚๐—ถ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ ๐—ณ๐—ผ๐—ฟ ๐—บ๐˜† ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€?

Yes, both Section 179 and the permanently restored 100% Bonus Depreciation rules apply to new and used equipment. If the asset is new to your business, you can deduct up to 100% of the purchase price in 2026.

For example, a three-year-old commercial oven bought from a closed restaurant is considered new to your business. It qualifies for a 100% immediate write-off this year.

But you can't claim the write-off if the equipment is acquired through:
โ€ข Gifts or inheritance
โ€ข Purchases from an immediate family member
โ€ข Shifts between business entities or LLCs you already own

So yes, buying used equipment can still come with a valuable tax benefit. You just need to make sure the purchase qualifies.

When you add equipment to your business, do you prefer buying brand new or finding good used deals?

๐——๐—ถ๐—ฑ ๐—ฎ๐—ป๐˜†๐—ผ๐—ป๐—ฒ ๐—ฒ๐—น๐˜€๐—ฒ ๐—ด๐—ฒ๐˜ ๐—ฎ ๐˜ƒ๐—ฒ๐—ฟ๐˜† ๐˜„๐—ฟ๐—ผ๐—ป๐—ด ๐—ถ๐—ฑ๐—ฒ๐—ฎ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐—บ๐—ผ๐—ป๐—ฒ๐˜† ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ฝ๐—น๐—ฎ๐˜†๐—ถ๐—ป๐—ด ๐— ๐—ผ๐—ป๐—ผ๐—ฝ๐—ผ๐—น๐˜† ๐—ฎ๐˜€ ๐—ฎ ๐—ธ๐—ถ๐—ฑ?Wouldn't we all love to receive a guara...
07/14/2026

๐——๐—ถ๐—ฑ ๐—ฎ๐—ป๐˜†๐—ผ๐—ป๐—ฒ ๐—ฒ๐—น๐˜€๐—ฒ ๐—ด๐—ฒ๐˜ ๐—ฎ ๐˜ƒ๐—ฒ๐—ฟ๐˜† ๐˜„๐—ฟ๐—ผ๐—ป๐—ด ๐—ถ๐—ฑ๐—ฒ๐—ฎ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐—บ๐—ผ๐—ป๐—ฒ๐˜† ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ฝ๐—น๐—ฎ๐˜†๐—ถ๐—ป๐—ด ๐— ๐—ผ๐—ป๐—ผ๐—ฝ๐—ผ๐—น๐˜† ๐—ฎ๐˜€ ๐—ฎ ๐—ธ๐—ถ๐—ฑ?

Wouldn't we all love to receive a guaranteed $200 check just for walking around the block every morning, or patch up a sudden cash flow crunch by handing someone a tiny deed to our Baltic Avenue? Turns out the actual rules of that game don't translate very well to running a business.

Sustainable growth takes a lot more strategy than just rolling the dice. Financial control is about building clean bookkeeping systems, tracking your actual margins, and managing your cash flow with real data.

If you are ready to stop guessing and want a clear, data-driven strategy to manage your business cash flow, reach out to us today. Letโ€™s get your systems dialed in.

07/13/2026

๐—ช๐—ต๐—ฒ๐—ป ๐—ฑ๐—ผ ๐—œ ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐˜๐—ผ ๐˜€๐˜๐—ฎ๐—ฟ๐˜ ๐˜๐—ฎ๐—ธ๐—ถ๐—ป๐—ด ๐—บ๐—ผ๐—ป๐—ฒ๐˜† ๐—ผ๐˜‚๐˜ ๐—ผ๐—ณ ๐—บ๐˜† ๐—œ๐—ฅ๐—”?

Under current SECURE 2.0 laws, you must start taking Required Minimum Distributions (RMDs) at either age 73 (if born between 1951 and 1959) or 75 (if born in 1960 or later).

The IRS lets you delay your first distribution until April 1st of the following year.

But doing this forces your first two RMDs into the same calendar year, creating an artificial income spike that can push you into a higher tax bracket.

Unless you have a specific reason to delay, your next move would be to take that first distribution by December 31st of your initial eligibility year.

Don't let a simple timing error give your hard-earned savings right back to the government at the finish line.

07/13/2026

๐Ÿšจ No Tax on Tips. No Tax on Overtime. No Tax on Social Security... or is it?

The headlines are everywhereโ€”but they're leaving out some very important details.

Before you assume these new tax breaks apply to you, make sure you understand who actually qualifies and what the law really says.

๐ŸŽฅ I'm breaking it all down in this week's YouTube video, dropping Wednesday at 5:00 PM Central on NAS Accounting & Tax Hub, LLC.

๐Ÿ”” Subscribe now so you don't miss it:
https://www.youtube.com/NAS Accounting & Tax Hub, LLC

๐Ÿ’ฌ Tell me in the comments: Which one affects you the most?
๐Ÿ’ต Tips | โฐ Overtime | ๐Ÿ‘ต Social Security

Plan Smart. Pay Less. Build Wealth.

Tips SocialSecurity SmallBusiness PersonalFinance IRS NASAccountingTaxHub FinancialEducation

07/10/2026

๐Ÿ’ฐ Financial Friday Tip!

Did you know your child could legally work in your business and potentially help you save on taxes? It's a legitimate IRS strategyโ€”but only if it's done the right way.

Before you add your kids to payroll, make sure you understand the rules. A simple mistake could cost you the tax savings you're hoping for.

๐ŸŽฅ Next Wednesday at 5:00 PM Central, I'll break down everything you need to know on my YouTube channelโ€”from age requirements and payroll rules to deductions and common IRS mistakes to avoid.

๐Ÿ“บ Subscribe to NAS Accounting & Tax Hub on YouTube so you don't miss it!

๐Ÿ‘‡ Tell me in the comments: Have you ever thought about hiring your kids in your business?

CPA Entrepreneur FamilyBusiness SmallBusinessTaxes IRS Payroll TaxSavings YouTubeCreator NASAccountingTaxHub

๐—–๐—ฎ๐—ป ๐—œ ๐—ฐ๐—น๐—ฎ๐—ถ๐—บ ๐—ฆ๐—ผ๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฆ๐—ฒ๐—ฐ๐˜‚๐—ฟ๐—ถ๐˜๐˜† ๐—ฒ๐—ฎ๐—ฟ๐—น๐˜† ๐—ฎ๐˜ ๐—ฎ๐—ด๐—ฒ ๐Ÿฒ๐Ÿฎ?You can, but doing so triggers a permanent monthly payout reduction of up to...
07/10/2026

๐—–๐—ฎ๐—ป ๐—œ ๐—ฐ๐—น๐—ฎ๐—ถ๐—บ ๐—ฆ๐—ผ๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฆ๐—ฒ๐—ฐ๐˜‚๐—ฟ๐—ถ๐˜๐˜† ๐—ฒ๐—ฎ๐—ฟ๐—น๐˜† ๐—ฎ๐˜ ๐—ฎ๐—ด๐—ฒ ๐Ÿฒ๐Ÿฎ?

You can, but doing so triggers a permanent monthly payout reduction of up to 30%.

Additionally, filing early changes your tax profile in two main ways:
โ€ข Taxable Benefits: If your provisional income crosses $34,000 as an individual (or $44,000 for married couples), the IRS can tax up to 85% of your benefits. Having a pension, part-time wages, or traditional retirement accounts can easily push you over this threshold.
โ€ข The Earnings Limit: If you keep working or consulting after claiming, your 2026 annual earnings are capped at $24,480. For every $2 you earn above this amount, the government claws back $1 of your benefits.

If you plan to start your benefits at 62, avoiding a surprise tax bill means watching your income sources closely to protect your check.

Depending on your situation, drawing from cash savings or Roth accounts first keeps your Adjusted Gross Income down, while tracking your part-time hours keeps you under the earnings limit.

DM us if you want to look at your other income streams before you lock in your Social Security filing age.

If an unexpected $5,000 landed in your bank account tomorrow, where would that money go?๐—ฎ. ๐——๐—ฒ๐˜€๐˜๐—ฟ๐—ผ๐˜†๐—ถ๐—ป๐—ด ๐—ฑ๐—ฒ๐—ฏ๐˜: Knocking out...
07/09/2026

If an unexpected $5,000 landed in your bank account tomorrow, where would that money go?
๐—ฎ. ๐——๐—ฒ๐˜€๐˜๐—ฟ๐—ผ๐˜†๐—ถ๐—ป๐—ด ๐—ฑ๐—ฒ๐—ฏ๐˜: Knocking out a nagging credit card bill or back taxes.
๐—ฏ. ๐—•๐˜‚๐—ถ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€: Putting it back into your business tools, tech, or growth.
๐—ฐ. ๐—–๐—ฟ๐—ฒ๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐—ฎ ๐˜€๐—ฎ๐—ณ๐—ฒ๐˜๐˜† ๐—ป๐—ฒ๐˜: Stashing it away so you can finally breathe easier.
๐—ฑ. ๐—ฅ๐—ฒ๐˜„๐—ฎ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐˜†๐—ผ๐˜‚๐—ฟ๐˜€๐—ฒ๐—น๐—ณ: Funding that personal project or trip youโ€™ve been putting off.

The long awaited video is now live!!
07/08/2026

The long awaited video is now live!!

Did your baby qualify for the new $1,000 Trump Account? In this vid...

๐—›๐—ผ๐˜„ ๐—ฑ๐—ผ ๐—œ ๐—ฐ๐—ผ๐—ป๐—ฑ๐˜‚๐—ฐ๐˜ ๐—ฎ ๐—บ๐—ถ๐—ฑ๐˜†๐—ฒ๐—ฎ๐—ฟ ๐—ฝ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—ฟ๐—ฒ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐—ณ๐—ผ๐—ฟ ๐—บ๐˜† ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€?Start by reconciling your books and generating your year...
07/08/2026

๐—›๐—ผ๐˜„ ๐—ฑ๐—ผ ๐—œ ๐—ฐ๐—ผ๐—ป๐—ฑ๐˜‚๐—ฐ๐˜ ๐—ฎ ๐—บ๐—ถ๐—ฑ๐˜†๐—ฒ๐—ฎ๐—ฟ ๐—ฝ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—ฟ๐—ฒ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐—ณ๐—ผ๐—ฟ ๐—บ๐˜† ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€?

Start by reconciling your books and generating your year-to-date financial statements. Here are the first two steps you should take this summer:
1. Clean and reconcile your bookkeeping through June. Make sure every transaction is properly categorized, and your bank accounts, credit cards, and loan statements are all reconciled.
2. Pull your two foundational financial statements for the first six months of the year: your Profit and Loss (P&L) Statement and your Balance Sheet.

These reports can show you whether your profit is keeping up with your revenue and where expenses may be squeezing your margins.

Address

651 W Terra Cotta Avenue, Suite 114
Crystal Lake, IL
60014

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+12247138979

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