Tax Season 2025: Updates and Key Changes You Need to Know As we dive into the 2025 tax season, many taxpayers in the U.S. are preparing to file their returns with the IRS. With new tax regulations, updated deductions, and potential changes to credits, it’s essential to stay informed. Whether you’re a business owner, freelancer,...Read More

As the calendar turns to 2025, it’s the perfect moment to reflect on your financial goals and plan for a prosperous year ahead. Starting the new year with healthy financial habits can set you on the right track, not just for 2025, but for long-term financial well-being. Here are some practical tips to help you...Read More

As the year draws to a close, it’s essential to take advantage of every opportunity to reduce your tax liability for the 2024 tax season. With just a few weeks left in the year, there are several key strategies you can implement to maximize your tax savings. Here’s a guide to help you make the...Read More

Navigating the complex world of taxes can feel overwhelming, whether you’re a small business owner, a freelancer, or an individual managing personal finances. Atlantic Tax Services is here to simplify the process, offering professional support tailored to your unique needs. Here’s why choosing Atlantic Tax Services is a smart move for managing your taxes effectively....Read More

Taxes can feel overwhelming, but understanding how tax brackets work is a crucial step toward managing your finances and maximizing your income. In this blog post, we’ll break down what tax brackets are, how they work, and how they impact what you owe to both the federal government and, for California residents, the state. Let’s...Read More

As the calendar flips to November, it brings more than just cooler weather and holiday excitement—it signals the best time to start preparing for year-end tax planning. While many wait until December or even the start of the new year to think about taxes, November provides a window of opportunity for proactive, strategic moves. At...Read More

The world of cryptocurrency is booming, and as more people invest in digital assets like Bitcoin, Ethereum, and NFTs, one question looms large: How does the IRS treat cryptocurrency for tax purposes? Whether you’re trading, mining, or even using cryptocurrency to make purchases, it’s crucial to understand the tax implications to avoid any surprises during...Read More

The tax filing deadline can sneak up on even the most organized individuals. If you filed for an extension back in April, October 15th is a date you cannot afford to ignore. This is the final deadline to submit your 2023 tax return, and failing to do so could result in hefty penalties and interest....Read More

One of the most common questions employees ask when starting a new job or updating their tax information is, “How should I fill out my W-4 form?” Your W-4 plays a critical role in determining how much tax is withheld from your paycheck, directly impacting whether you owe money or receive a refund when you...Read More

If you filed a tax extension earlier this year, your new due date is fast approaching! For S Corporations and Partnerships, the original deadline would normally be September 15, but since that falls on a Sunday this year, the deadline has been pushed to Monday, September 16. 📅 This applies to businesses that file an...Read More