Andrey Sapir, EA

08/31/2026

Q3 2026 Tax Planning: September Deadlines

Prepare for Q3 close with September 15 estimated tax deadlines, extended business returns, bookkeeping steps, and 2026 planning updates for individuals and businesses.

https://sapirea.com/contact

07/25/2026

The IRS set the 2026 IRA numbers, and they're worth a look before you fund anything this year.

The basics:
▪️ Traditional and Roth IRAs: $7,500, or $8,600 if you're 50 or older (combined limit across both)
▪️ SEP IRA for the self-employed: up to $72,000
▪️ Roth income phase-outs: $153,000–$168,000 single, $242,000–$252,000 married filing jointly
▪️ Backdoor Roth: available at any income, no phase-out

A few things that trip people up every filing season:

Making a nondeductible traditional IRA contribution and skipping Form 8606. The IRS then has no record of your basis — which can mean paying tax twice on the same dollars.

Running a backdoor Roth while holding a pre-tax SEP or traditional IRA balance. The pro-rata rule treats all of them as one pot on December 31, and a big chunk of what should have been a tax-free conversion becomes taxable income.

And the deadline confusion: you have until April 2027 to make 2026 contributions, but Roth conversions must be done by December 31, 2026. Those two clocks run differently.

I wrote up the whole thing — all four strategies, the 2026 limits and phase-outs, the step-by-step backdoor sequence, and when a solo 401(k) beats a SEP.

Read it here: sapirea.com/traditional-roth-sep-backdoor-roth-iras-in-2026-the-complete-tax-strategy-guide

Questions about your own situation? Happy to talk it through. 👇

https://calendly.com/andrey-sapir/30min

07/17/2026

Big news from the IRS: penalty relief is going automatic. 🎉

Starting this summer, the new Automatic Exemption from Penalty (AEP) prevents failure-to-file and failure-to-pay penalties — plus failure-to-deposit penalties for businesses — before they're ever assessed. No request, no letter, no phone call.

Who qualifies:
✅ Clean compliance history — 3 years (or 12 consecutive quarters for quarterly filers)
✅ Eligible 2025 returns and 2026 quarterly returns
✅ 1040, 1065, 1120, and payroll (94x) series

One catch: the old First-Time Abatement is being phased out through summer 2026, so some qualifying taxpayers will still get "late" notices. If one lands in your mailbox, don't panic — and don't pay it before talking to us. Relief may still be available.

Free consult: 267-386-7911 | sapirea.com

Contact Sapir EA — reach out for accounting, bookkeeping, tax, or payroll services. We’re here to answer your questions and guide your business forward.

07/16/2026

The IRS just raised the standard mileage rate mid-year — something it hasn't done since 2022. 🚗

Effective July 1, 2026 (yes, retroactive):
✅ Business: 76¢/mile (up from 72.5¢)
✅ Medical & moving: 23.5¢/mile
✅ Charitable: unchanged at 14¢

If you reimburse employees or deduct business miles, update your rates and keep your logs current — the second half of 2026 uses the new number, even for trips you already took this month.

Questions about how this affects your deduction?

Free consult: 267-386-7911 | sapirea.com

07/13/2026

That envelope from the IRS just showed up. Now what?

Don’t panic — and definitely don’t ignore it. Most notices are routine, but every one has a deadline, and the IRS is wrong more often than you’d think.

We put together a free step-by-step guide: how to verify the letter is real, what the notice codes actually mean, and what to do (and NOT do) before you respond or pay a dime.

Visit us for a free guide at https://sapirea.com/received-an-irs-notice

As an Enrolled Agent, I’m licensed to deal with the IRS directly on your behalf, in all 50 states.

Contact Sapir EA — reach out for accounting, bookkeeping, tax, or payroll services. We’re here to answer your questions and guide your business forward.

07/06/2026

The S-Corp election deadline sneaks up fast. To have your election apply this year, Form 2553 generally must be filed within 2 months and 15 days of the start of your tax year — that’s March 15 for most calendar-year businesses — and every shareholder has to sign. Thinking about electing S-Corp status? Don’t wait until spring. Our new guide walks through the timing and what you need to file.

Read the full guide: sapirea.com/form-2553-deadline

07/04/2026

Wishing you and your family a safe and happy Independence Day — and this year, a happy 250th birthday to America (1776–2026)!

07/02/2026

Need help with tax or accounting?

Contact us at https://sapirea.com/contact

06/23/2026

Will you owe the IRS this year — or are you due a refund? 🧮

If you’re self-employed, run an S-corp, freelance on a 1099, or have investment income, your paycheck withholding rarely tells the whole story. Guess low and you’re facing a surprise bill plus an underpayment penalty in April. Guess high and you’ve handed the government an interest-free loan all year.

Our free Estimated Tax Calculator settles it in about two minutes:
✔️ W-2, self-employment, S-corp K-1 & investment income
✔️ Federal + state tax exposure
✔️ A quarter-by-quarter payment plan that keeps you penalty-free

No login. No sales pitch. Just a clear answer on where you stand.

👉 Run your numbers at https://sapirea.com/sapir-ea-estimated-tax-calculator

#1099

06/22/2026

Choosing between an LLC and an S-Corp can have a meaningful impact on how your business is taxed — but the right answer depends on your specific situation.

Our LLC vs. S-Corp Tax Calculator lets you compare different income and payroll scenarios so you can better understand what structure may make the most sense for your business.

Try the calculator here:
https://sapirea.com/S-Corp-LLC-Tax-Calculator

Every business is different, and tax planning should be tailored to your goals. After running a few scenarios, contact us to discuss your results and next steps:
https://sapirea.com/contact