NKC Accounting LLC

09/04/2026

Reminder: 3Q estimated taxes are due Tuesday, September 15th. Here are some things to consider.

If you have not already done so, please plan to make your third quarter estimated tax payment. The due date is Tuesday, September 15th.

09/04/2026

Did you file a tax extension this year?

There's still time, but October 15 will be here before you know it. 📅

An extension gives you additional time to file your return, but it's important to use that time wisely. Getting your documents together, reviewing your tax information, and planning for any balance due can help make the process much smoother.

We've put together 5 helpful tips for extension filers in this carousel.

Take a look, and start preparing now rather than waiting until the last minute.

If you need a hand getting your tax return across the finish line, NKC Accounting is here to help.

09/02/2026

📅 Business owners, September 15 is right around the corner!

Now's a good time to review your income, estimated tax payments, business expenses, and withholding.

A quick check now can help you avoid surprises later.

Take a look at our checklist and make sure you're ready for Q3!

09/02/2026

Small financial moves can pay off for years. Discover tax breaks for education, simple tax-planning strategies, ways to make banks compete for you, and how to avoid the technology upgrade tax.

College and trade schools are investments that can pay dividends for years. The same can be true of a few smart tax habits repeated year after year. In this month’s newsletter, we take a closer look at tax breaks for post-secondary education along with practical tax planning moves that can del...

08/31/2026

Watching your kids grow up comes with plenty of exciting milestones. Some of those milestones can affect your taxes, too. 👨‍👩‍👧‍👦

As certain child-related tax credits and benefits phase out, your tax bill could increase if you're not prepared.

Here are some ages worth watching:

👶 Age 13: Dependent Care Credit
Generally, childcare expenses only qualify for this credit while your child is under age 13. If you've been claiming the credit, this milestone could affect your taxes.

🎓 Age 17: Child Tax Credit
For 2026, the Child Tax Credit is up to $2,200 per qualifying child under age 17. Once your child ages out, you may still qualify for another dependent-related credit, but the tax benefit can be smaller.

💼 Age 19—or 24 for full-time students: EITC
For purposes of the Earned Income Tax Credit, a child generally must be under age 19 at the end of the year—or under age 24 if they're a full-time student—along with meeting the other qualifying-child requirements.

🏠 Ages 18–24: Dependency Changes
At some point, your child may no longer qualify as your dependent. When that happens, other tax considerations can change, depending on your circumstances and state rules.

So what can you do?

✔️ Keep track of these age milestones
✔️ Review your paycheck withholding
✔️ Consider tax projections before the change happens
✔️ Adjust your savings or estimated tax payments if needed

Many child-related tax benefits are designed to help offset the cost of raising a family. When those benefits change, planning ahead can help soften the impact.

If your child is approaching one of these key ages, it may be a good time to review your tax situation.

08/28/2026

🔐 Want an extra layer of protection for your tax return?

An IRS Identity Protection PIN is a free, six-digit number that helps verify your identity when you file your federal tax return.

Swipe through to learn how IP PINs work and how they can help protect you from tax-related identity theft.

Follow us for more practical tax tips!

08/28/2026

Charitable deductions are frequently challenged or denied during an IRS review. Protect your deduction by understanding the documentation and requirements before making a donation.

Too often a charitable tax deduction is disallowed upon review by the IRS. Don't let this happen to you. Here is what you need to know.

08/26/2026

Have you checked your HSA contributions lately? 👀

If you're contributing to a Health Savings Account in 2026, now is a good time to review your contributions and make sure you're on track.

HSAs can offer valuable tax advantages when funds are used for qualified medical expenses, and unused funds can generally carry over from one year to the next.

A quick review now can help you make the most of your HSA before the year comes to a close.

📌 Save this post as a reminder, and share it with someone who has an HSA!

If you're unsure how HSA contributions may affect your tax situation, NKC Accounting is here to help.

08/21/2026

Receiving a letter from the IRS can be stressful, but knowing your rights can make all the difference.

If you ever disagree with an IRS decision, you may have options available before simply accepting the outcome. Understanding those rights can help you make informed decisions and feel more confident throughout the process.

Take a moment to swipe through this carousel to learn more about an important taxpayer right that everyone should know.

If you've received an IRS notice and aren't sure what your next step should be, we're here to help.