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

As a business owner, staying ahead of the curve with your tax planning is essential for maintaining financial health and ensuring long-term success. With the new fiscal year just around the corner, now is the perfect time to start thinking about your tax strategy. By proactively planning, you can minimize your tax liability, take advantage...Read More

When it comes to managing your finances, selecting the right tax and accounting partner is crucial. But with so many options available, how do you decide who to trust with your hard-earned money? Let’s dive into why Atlantic Tax Services might just be the perfect fit for you. Expertise That Translates to Savings At Atlantic...Read More

As we move into 2024, it’s essential for families to stay informed about the latest updates and regulations concerning the Child Tax Credit (CTC). The Child Tax Credit has long been a crucial financial support for families, helping to offset the costs of raising children. This year, there are several important changes and updates that...Read More