Nash Bookkeeping & Tax Services

07/17/2026

🏢 Missouri Business Owners: A quick update on corporate tax incentives. While individual Missouri residents can still deduct 100% of their capital gains, the planned expansion of this deduction to corporations is officially on hold for 2026.

The trigger required the state's top corporate rate to drop below 4.5% last year, but it sat at 4.7%. Because the economic trigger wasn't met, corporations will not be eligible for the capital gains deduction this year. 💼

07/15/2026

👵👴 Great news for seniors! Under the federal One, Big, Beautiful Bill (OBBB), a brand-new enhanced tax deduction is officially in effect for the 2026 tax year.

Taxpayers aged 65 and older can now claim an additional $6,000 deduction per qualifying individual! ✨

Note: This extra boost phases out for single filers making over $75,000 and joint filers making over $150,000. Make sure you or the seniors in your life are aware of this change when planning this year's finances!

07/13/2026

Protect Yourself from Tax Fraud

The IRS and Security Summit partners recently announced a strengthened framework to improve information sharing and combat tax-related identity theft and fraud.

Remember:
✅ Protect your Social Security number
✅ Use strong passwords
✅ Be cautious of phishing emails and texts
✅ File your return early when possible

Tax scams continue year-round. Stay vigilant and protect your financial information.

07/09/2026

📈 Tax Update: The IRS has announced the standard deduction increases for the 2026 tax year! Here is what the new inflation-adjusted numbers look like when you file:
• Single / Married Filing Separately: $16,100 (Up from $15,750) • Married Filing Jointly: $32,200 (Up from $31,500) • Head of Household: $24,150 (Up from $23,625)
Knowing these numbers helps you plan your withholding and savings goals for the year. Talk to your tax professional to see how these adjustments impact your take-home pay! 💼✨

07/07/2026

Important Federal Tax Changes for 2026

The IRS has announced inflation-adjusted tax brackets and higher standard deductions for the 2026 tax year. Many taxpayers may see changes that affect withholding, estimated taxes, and year-end planning.

Now is the perfect time to review your tax strategy and make sure you're taking advantage of available deductions and credits.

Questions about how these changes affect you? We're here to help.

07/04/2026

Happy Fourth of July from Nash Bookkeeping & Tax Services! 🇺🇸

Today we celebrate the freedoms, opportunities, and hardworking spirit that make our country great. We are grateful for the local businesses, families, and communities we have the privilege to serve throughout the year.

As you enjoy time with family, friends, barbecues, and fireworks, we wish you a safe and memorable Independence Day.

Thank you for trusting Nash Bookkeeping & Tax Services with your bookkeeping and tax needs.

🇺🇸 Happy Independence Day! 🇺🇸

📞 Nash Bookkeeping & Tax Services
(636) 638-1368

07/01/2026

This is near and dear to my heart. My daughter, Brandy, was born in the month of July (coinsidence) with a cleft palate and PRS (Pierre Robin Sequence). This was very challenging but we are proud of who she has become.

July is National Cleft & Craniofacial Awareness & Prevention Month 💙

Many of you know our sweet girl, but you might not know that she was born with Pierre Robin Sequence (PRS). For us, this month isn't just a calendar event—it’s our reality. It represents the surgeries, the specialist appointments, the feeding triumphs, and the pure resilience our daughter shows every single day.

Pierre Robin Sequence involves a smaller lower jaw, a cleft palate, and airway challenges, but it also comes with a spirit that is absolutely unbreakable.

We are so incredibly proud of her journey. Please join us this month in spreading awareness, acceptance, and love for all craniofacial warriors!

Send a message to learn more

07/01/2026

Beginning July 1, the IRS interest rate for individual underpayments and overpayments increases to 7%. Taxpayers who owe balances should consider paying as soon as possible to minimize additional interest charges.

If you expect to owe taxes for 2026, now is a good time to review estimated tax payments and avoid surprises next filing season.

Need help planning ahead? Contact us today.

06/24/2026

Missouri Businesses: Check Your Sales Tax Rates

Missouri sales and use tax rates can vary by location and may change throughout the year.

Summer is an excellent time to review your systems and verify you're collecting the correct rates.

05/16/2026

The IRS’s sending of about 1.4 million CP53E notices sparked concerns about errors and fraud. A release from the Taxpayer Advocate Service urged taxpayers to verify their accounts directly on IRS.gov.