MS Tax & Accounting Services, LLC

08/27/2025

TAX REMINDER: If you filed an extension for your S Corporation or Partnership business, the deadline is around the corner. Be sure to file by the September 15 to avoid late filing penalties.

08/27/2025

TAX REMINDER - Did you file an extension for your personal taxes? 10/15 Extension deadline is fast approaching.

08/21/2025

Got some unfiled tax returns piling up?

Here’s the simple way to get back on track:

1. Find out exactly which years you need to file
2. Check your IRS transcripts to make sure your income matches
3. File all those overdue returns ASAP
4. Set up a payment plan if you owe money — no need to pay it all at once
5. See if you qualify for penalty forgiveness or reductions

If all that sounds like a lot, don’t worry — I can help guide you through every step.

Just message me, and we’ll tackle it together!

✉️ Direct message or email us at [email protected].

08/19/2025

Thinking about skipping your taxes? That might end up costing you way more than you think.

Here’s what can happen if you don’t file:

◾ Penalties and fines that keep growing
◾ Interest stacking up on what you owe
◾ The IRS filing returns for you — and they usually don’t cut you any breaks, so your bill can skyrocket

The longer you wait, the bigger your bill grows. But don’t worry — it’s never too late to start fixing it.

Send me a message and let’s figure out a plan that works for you.

✉️ Direct message or email us at [email protected].

08/15/2025

Did you know that if you haven’t filed your tax returns, the IRS can come after you forever?

Unlike filed taxes that have a deadline for audits and collections, unfiled returns have no statute of limitations — which means the clock never starts ticking.

Ignoring those unfiled taxes won’t make them disappear. In fact, it only makes things worse — with bigger penalties, interest, and even the risk of criminal charges.

If you’re feeling overwhelmed, don’t stress. Message me today, and let’s get you back on track. You don’t have to face this alone.

✉️ Direct message or email us at [email protected].

07/17/2025

The One Big Beautiful Bill Act was signed into law on July 4, 2025.

Below are some key tax deductions that take effect in 2025.

No Tax on Tips
No Tax on Overtime
New Deduction on Car Loan Interest
New Deduction for Seniors

As with all tax provision, there's eligibilty requirements, and income or deduction limitations.

Click the link for more details.

FS-2025-03, July 14, 2025 — Provisions from the One Big Beautiful Bill Act, which was signed into law on July 4, 2025.

01/01/2025

Wishing Everyone a Prosperous New Year! 🤩