A.M. Accounting, Inc

07/23/2026

Taxes are an ever evolving task. Each year the rule changes and tax breaks or tax burdens are a necessity to understand in order for tax professionals to give you the best tax advice each year. If you feel you are in a situation that is not giving you all that you require then give us a call to see if we can help! 435-644-3817

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01/28/2026

ALL TAX CLIENTS:

In accordance with the executive order signed on March 25, 2025, the IRS is attempting to phase out paper checks. Please ensure you provide your direct deposit information. If you do not have a bank account or prefer to receive a paper check, be aware that this will result in a delay in your refund.
The IRS will then issue a CP53E letter, requesting you to update your direct deposit details. Although exceptions exist, it is important to note that we will need this information if you typically receive a paper check.

01/27/2026

It's that time!! If you are out of the area and still having us prepare your taxes please visit our website and navigate to the "Resources" tab to download the "Tax Client Information Sheet".
Due to recent changes, it's essential to read through the entire form thoroughly. If you have overtime that isn't reflected on your W2, we'll need the last pay stub to ensure you receive the appropriate credit.
If you purchased a new vehicle, we need the sales receipt. If not, then it doesn't apply to you.
Thank you for thinking of us again this year!

Welcome Welcome to our website! This website exists to provide clients and potential clients with information concerning our firm and our unique, low-pressure approach to personal and professional services. We have an excellent client-retention rate, and we are extremely proud of the high-quality se...

01/08/2026

The IRS has announced that the filing season will officially being January 26 this year. We look forward to seeing and helping all of our clients!! 🎉

01/06/2026

While we can't begin filing returns just yet, some clients have started receiving their W-2 forms. Please remember, if you have a security IRS PIN, you must have it with you to file. If you receive unemployment benefits, ensure you have your statement ready. For those with overtime or tip income, your last pay stub is necessary. If you have an HSA account through your employer, we will need your 1099-SA form. Additionally, if you have interest or dividend income, please provide the relevant statements. We are eager to start the tax season and want to ensure we have everything we need to proceed efficiently. For clients outside the area, please visit our website and complete the 'Tax Client Information Sheet,' ensuring all applicable sections are filled out.

01/02/2026

If you purchased a new vehicle in 2025 or are planning to buy one by 2028, you could be eligible for a $10,000 interest paid deduction. While certain guidelines must be met, if you have bought a brand new vehicle for personal use, be sure to bring in your purchase agreement and the interest payment details from your bank!

12/30/2025

As a Tax Accountant, it is disheartening to hear the misconception that there is NO tax on Social Security benefits. The recent legislation, often referred to as the Big Beautiful Bill, has indeed introduced changes to the tax code, including specific parameters.

Notably, individuals aged 65 or older may be eligible for an additional $6,000 deduction or $12,000 if married filing jointly, on their taxable income. However, it is important to clarify that this deduction applies to the reduction of all taxable income, not just Social Security benefits.

Furthermore, the government has implemented phase-out limitations for this deduction. For singles, the limit is set at $75,000, and for joint filers, it is $150,000. It is also crucial to understand that this $6,000 deduction is not a payment made to every Social Security recipient aged 65 or older. Instead, it serves as a tax benefit designed to decrease overall tax liability.