• Main office: 717-757-5482

Subscribe to ASY Tax Updates

Get our weekly blog posts, tax news, and practical business tips delivered to your inbox. Enter your email to opt in. You can unsubscribe at any time.

☕ We’ll count the beans; you enjoy the coffee!

IRS reminder: Cybersecurity Awareness Month offers simple steps to protect tax data

Simple cybersecurity habits can help taxpayers and organizations stay safer online IR-2026-119 Oct. 2, 2026 WASHINGTON — The Internal Revenue Service today encouraged taxpayers to take simple steps to strengthen online security during Cybersecurity Awareness Month. Cybersecurity Awareness Month...

  • 0 Comments
  • October 7, 2026

New IRS app gives taxpayers a new way to access services

Taxpayers now have a new way to securely access IRS tools and account services through their mobile devices. The new IRS app has replaced the former IRS2Go app. There are several features and self-service options available to help taxpayers...

  • 0 Comments
  • October 2, 2026

IRS launches new mobile app, expanding digital services for taxpayers

IRS2Go becomes IRS app, adding secure mobile access to selected Individual Online Account services IR-2026-114, Sept. 25, 2026 WASHINGTON — The Internal Revenue Service today announced the launch of the new IRS mobile app, replacing IRS2Go and expanding the...

  • 0 Comments
  • September 25, 2026

Estimated taxes aren’t just for the self-employed

Typically, people who are self-employed pay their federal income tax by making estimated tax payments. However, they aren’t the only ones that may need to pay estimated tax. Federal income tax is a pay-as-you-go tax, which means the tax...

  • 0 Comments
  • September 17, 2026

Eligible taxpayers may receive automatic penalty relief

Taxpayers with a history of filing and paying on time may now have an easier path to receive penalty relief. This summer, the IRS’s new Automatic Exemption from Penalty or AEP will replace the long-standing First Time Abate administrative...

  • 0 Comments
  • August 10, 2026

Tips for tracking charitable donations

Taxpayers who have made or plan to make charitable donations during the year should keep good records of all their contributions. Organized records can make tax filing easier and help support a deduction if it’s claimed on a federal...

  • 0 Comments
  • July 24, 2026

Identity Protection PINs help taxpayers guard against tax-related identity theft

One of the best ways taxpayers can protect themselves from identity theft is by requesting an Identity Protection Personal Identification Number. What taxpayers should know about an IP PIN Anyone with a Social Security number or an Individual Taxpayer...

  • 0 Comments
  • July 22, 2026

Types of major life events and how they can affect filing

There are several kinds of major life events that can affect a taxpayer’s filing requirements, tax benefits and withholding. It could be marriage, welcoming a new child, divorce, or loss of a loved one—all of these can impact their...

  • 0 Comments
  • July 21, 2026

IRS simplifies penalty relief, introduces automatic process for eligible taxpayers

IR-2026-83, July 8, 2026 WASHINGTON — The Internal Revenue Service today announced a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time, reducing the need for them to request assistance....

  • 0 Comments
  • July 10, 2026

Tips for businesses hiring seasonal or part-time employees

The summer months are a common time for many businesses to seek out seasonal or part-time workers. If they’re hiring help, it’s important to understand tax filing and withholding responsibilities. This can help avoid penalties while staying compliant throughout...

  • 0 Comments
  • July 7, 2026

Important steps for future business owners

Thinking of starting a business? One of the most important first steps for new entrepreneurs and future business owners is to ensure the right business structure is chosen. That’s not all though, there are a few other tips and...

  • 0 Comments
  • June 4, 2026

Is that activity just a hobby or a business?

Many people have hobbies – things they enjoy doing in their spare time – and some even make a little extra money from them. However, there’s a difference between a hobby and a business, especially how each is treated...

  • 0 Comments
  • June 3, 2026

It’s not too early to start planning for next year: Check withholding now

Even though the tax filing deadline for tax year 2025 passed a couple weeks ago, it’s not too early to start planning for next filing season. Planning now can help taxpayers avoid surprises next year. One action that can...

  • 0 Comments
  • May 21, 2026

What taxpayers can do if they haven’t received all their tax documents

Before filing a federal tax return, taxpayers should make sure they have the necessary and correct documents. Here’s what taxpayers should do if they haven’t received their Form W-2 or Form 1099 yet. Taxpayer options for missing documents Contact...

  • 0 Comments
  • March 26, 2026

Questions and answers about the new deduction for qualified overtime compensation

FS-2026-01, January 2026 This Fact Sheet provides answers to frequently asked questions (FAQs) about the new deduction for qualified overtime compensation, such as who may be eligible to claim the deduction, including federal employees, and where to find supplemental...

  • 0 Comments
  • January 23, 2026

Qualified Tips and Overtime Deduction

I wanted to bring to your attention recent IRS guidance (Notice 2025-69) regarding new federal income tax deductions for “qualified tips” and “qualified overtime compensation” for the 2025 tax year. These deductions were introduced by the One, Big, Beautiful...

  • 0 Comments
  • January 22, 2026

What penalty relief for tax year 2025 for information reporting on tips and overtime under the One, Big, Beautiful Bill?

IR-2025-110, Nov. 6, 2025 WASHINGTON — The Department of the Treasury and the Internal Revenue Service issued guidance providing penalty relief to employers and other payors for tax year 2025 regarding new information reporting requirements for cash tips and...

  • 0 Comments
  • November 12, 2025

IRS Releases Updated Contingency Plan

The IRS has updated its contingency lapse plan, detailing how operations will proceed past the first five days of the federal government shutdown. The plan, which took effect on Oct. 8, 2025, outlines which functions will continue, which will...

  • 0 Comments
  • October 10, 2025

What benefits are offered to individual retirement accounts?

Planning for retirement may seem daunting, but it’s important to start early. Individual retirement accounts provide tax incentives for people to make investments towards their financial future. IRAs let earnings grow tax deferred. Individuals pay taxes on investment gains...

  • 0 Comments
  • September 19, 2025

IRS to phase out paper tax refund checks starting with individual taxpayers

IR-2025-94, Sept. 23, 2025 WASHINGTON — The Internal Revenue Service, working with the U.S. Department of the Treasury, today announced that paper tax refund checks for individual taxpayers will be phased out beginning on Sept. 30, 2025, as required...

  • 0 Comments
  • September 1, 2025