A Plus Tax & Accounting LLC

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A Plus Tax & Accounting LLC Enrolled Agent · U.S. tax expert for individuals, businesses & the Hebrew-speaking community. IRS representation, entity formation, cross-border tax.

Serving all 50 states via video. We are here to help with your Tax & Accounting needs

We offer comprehensive tax services designed to help you stay compliant with tax regulations

We provide services across the country, as well as internationally, to service-based business owners, real estate investors, and other professional individuals. We will help you navigate complex tax regulations and guide you towards a secure financial future. Our goal is to minimize your tax burden and give you the confidence to focus on growing your business.

11/03/2026

מוכרים דירה בישראל? פטור ממס שבח בארץ לא אומר פטור מה-IRS. 🏠🇮🇱🇺🇸

אזרחים אמריקאים ובעלי גרין קארד מדווחים על רווח ממכירת נכס בכל מקום בעולם (IRC §61, §1001). המכירה מדווחת ב-Form 8949 וב-Schedule D — גם אם בישראל לא שילמתם שקל אחד.

הנקודה שהכי מפתיעה אנשים: את הרווח מחשבים בדולרים, לא בשקלים (IRC §985). עלות הרכישה מתורגמת לפי שער הדולר ביום הקנייה, ומחיר המכירה לפי השער ביום המכירה. אם השקל התחזק בשנים האלה, אפשר להגיע לרווח אמריקאי גדול יותר מהרווח בשקלים. ואם נשארה משכנתא בשקלים, הפירעון שלה עלול ליצור רווח מטבע נפרד (IRC §988).

מה יכול לעזור:
• אם הדירה שימשה כבית המגורים העיקרי שלכם שנתיים מתוך חמש השנים האחרונות, אפשר להחריג עד 250,000$ מהרווח (500,000$ לזוג נשוי שמגיש במשותף) (IRC §121)
• מס שבח ששולם בישראל יכול בדרך כלל להפוך לזיכוי מס זר ולקזז את המס האמריקאי על אותו רווח (IRC §901, Form 1116)
• שמרו מסמכים על השיפוצים והעלויות. הם מגדילים את בסיס העלות ומקטינים את הרווח

הכי משתלם לבדוק את זה לפני החתימה ולא אחרי. אם אתם שוקלים למכור דירה בישראל, שלחו לי הודעה ונעשה חישוב ראשוני יחד בפגישת וידאו קצרה, בעברית.

October is almost over, so you have about 9 weeks left for one of the simplest tax moves there is: putting more into you...
10/29/2026

October is almost over, so you have about 9 weeks left for one of the simplest tax moves there is: putting more into your retirement accounts. 💰

Here's the 2026 cheat sheet (IRS Notice 2025-67):

🔹 401(k) / 403(b) / most 457 plans: up to $24,500 in employee deferrals (IRC §402(g))
🔹 Age 50+: an extra $8,000 catch-up (IRC §414(v))
🔹 Age 60–63: a bigger catch-up of $11,250, courtesy of SECURE 2.0
🔹 SIMPLE IRA: $17,000 (IRC §408(p))
🔹 Traditional or Roth IRA: $7,500, plus $1,100 if you're 50+ (IRC §219(b))

Timing is where people slip up:
👉 401(k) deferrals have to come out of a paycheck by December 31. If you want to bump your contribution, talk to payroll now, not in the last pay period of the year.
👉 IRAs give you until the April 15, 2027 filing deadline.
👉 Self-employed with a Solo 401(k)? Your employee deferral election generally needs to be in place by year-end, even if the money goes in later.

One new wrinkle: if your 2025 F**A wages were over $150,000, your 401(k) catch-up contributions now have to go in as Roth (after-tax), so no upfront deduction on that piece (IRC §414(v)(7)).

Not sure how much room you have left this year? Send me a message and I'll run the numbers with you before the window closes.

— Alad

10/21/2026

✈️ Moved from Israel to the US this year? Your first US tax return works differently than you might expect.

Once you become a US tax resident — for a green card holder, or by passing the substantial presence test (IRC §7701(b)(3)) — the US taxes your worldwide income, not just what you earn here (Treas. Reg. §1.1-1(b)). In the year you arrive, you may be a "dual-status" filer: nonresident for part of the year, resident for the rest (IRS Pub. 519).

A few things worth sorting out before December 31:
🔹 Which part of your 2026 income the US can actually tax
🔹 Whether Israeli tax already paid can offset US tax through the foreign tax credit (IRC §901, Form 1116)
🔹 Whether your Israeli bank, savings, and pension accounts trigger an FBAR (FinCEN Form 114) — foreign accounts have their own reporting rules

🇮🇱 בעברית: עליתם לארה"ב השנה? משנת המעבר, ארה"ב עשויה למסות את ההכנסות שלכם מכל העולם — כולל מישראל. שנת המעבר היא לרוב "שנה כפולה", ויש לה כללים משלה. כדאי לבדוק עוד לפני סוף השנה: מה חייב במס, איך לקזז מס שכבר שילמתם בישראל, ואילו חשבונות בנק וחסכונות בישראל צריך לדווח.

I work with families making this move every year — over video, in English or Hebrew, wherever you live in the US.

Send me a message and let's map out your first year. | שלחו הודעה ונעבור על זה יחד.

#מיסיםבארהב

📅 October 15 came and went. If your 2025 return is still sitting unfinished, this one's for you — no judgment.An extensi...
10/19/2026

📅 October 15 came and went. If your 2025 return is still sitting unfinished, this one's for you — no judgment.

An extension gives you more time to FILE, not more time to PAY. Here's what's quietly adding up right now:

⏱️ Failure-to-file penalty: 5% of the unpaid tax for each month (or part of a month) the return is late, capped at 25% (IRC §6651(a)(1)).

💸 Failure-to-pay penalty: 0.5% per month on the balance due, also capped at 25% (IRC §6651(a)(2)). In months when both apply, the filing penalty is reduced by the payment penalty.

📈 Interest: charged on unpaid tax and penalties, compounded daily, until paid in full (IRC §6601, §6622).

🌍 FBAR: the automatic extension for foreign account reporting also ended October 15 (FinCEN Form 114; 31 CFR §1010.306(c)). If you have accounts abroad and haven't filed, don't let it sit.

The good news? The filing penalty is by far the biggest — and it stops the day you file, even if you can't pay in full. And if your history is clean, first-time penalty abatement may be on the table (IRM 20.1.1.3.3.2.1). Owed a refund? There's no penalty — but you still want your money.

Can't pay the whole balance? File anyway. We'll work out the rest together.

Send me a DM or book a free consult — let's get it filed this week. 🙌

— Alad

10/16/2026

Yesterday was October 15 — the extended filing deadline for most 2025 individual returns (IRS Pub. 509). For a lot of preparers, that's where the year ends. For me, it's when a different kind of work picks up.

Fall is when IRS notices from earlier filings start arriving, when people realize they never filed an FBAR (FinCEN Form 114), and when there's still time to plan before December 31.

As an Enrolled Agent, I'm licensed by the U.S. Treasury to represent taxpayers before the IRS on audits, collections, and appeals (Treasury Circular 230, 31 C.F.R. Part 10). With your signed Form 2848, I can speak with the IRS on your behalf — so you're not the one sitting on hold.

Got a letter, or a question you've been saving for "after tax season"? Send me a message.

— — —

אתמול, 15 באוקטובר, היה המועד האחרון להגשת דוחות 2025 שקיבלו הארכה. אבל אצלי העבודה לא נגמרת שם.

בסתיו מגיעים מכתבים מה-IRS, מתגלים דיווחי FBAR שלא הוגשו — ועדיין יש זמן לתכנן לפני סוף השנה.

כ-Enrolled Agent, אני מורשה לייצג אתכם מול ה-IRS (Circular 230), ועם טופס 2848 חתום — אני מדבר איתם בשמכם.

קיבלתם מכתב? שלחו לי הודעה.

#מיסים

Most IRS collection problems don't start with a levy — they start with a letter someone put in a drawer.The IRS follows ...
10/11/2026

Most IRS collection problems don't start with a levy — they start with a letter someone put in a drawer.

The IRS follows a fairly predictable notice sequence before it can seize wages or bank accounts. Knowing where you are on that ladder tells you how much time — and how many options — you still have.

📬 CP14 — your first balance-due notice. This is the cheapest point to resolve it: pay in full or set up a payment plan (IRC §6159, Form 9465).
📬 CP501 / CP503 — reminders. Meanwhile, failure-to-pay penalties and interest keep adding up (IRC §6651, IRC §6601).
⚠️ CP504 — Notice of Intent to Levy. The IRS can now take your state tax refund (IRC §6331(d)).
🚨 LT11 / Letter 1058 — Final Notice. You generally have 30 days to request a Collection Due Process hearing (IRC §6330, Form 12153). Miss that window and you give up important appeal rights.

The good news: at every step there are still options — installment agreements, penalty abatement, Currently Not Collectible status, or an Offer in Compromise (IRC §7122; IRS Pub. 594). They just get narrower the longer you wait.

If one of these letters is sitting on your counter, send me a DM or book a free consult. As an Enrolled Agent, I can speak with the IRS on your behalf — so you don't have to.

Planning to raise money for your startup? The entity you pick on day one matters more than most founders realize.For mos...
10/07/2026

Planning to raise money for your startup? The entity you pick on day one matters more than most founders realize.

For most small businesses, an LLC is a great fit. Profits pass through to your personal return, you're taxed once, and you may qualify for the qualified business income deduction of up to 20% (IRC §199A). Early-year losses can flow through to offset your other income, too.

But if you're building something to scale with outside investors, a C-Corp often makes more sense:
🔹 Venture funds generally prefer (or require) C-Corp stock
🔹 Profits kept in the company are taxed at a flat 21% (IRC §11)
🔹 Qualified Small Business Stock can let founders exclude up to 100% of the gain on a future sale when the requirements and holding period are met (IRC §1202)

The trade-off? Double taxation. The corporation pays tax on its profits, and shareholders pay again when those profits are distributed as dividends (IRC §301).

I see this often with Israeli founders setting up a US company: the structure chosen in a rush to open a bank account ends up shaping how an exit is taxed years later. Converting down the road is possible, but it can be costly and messy.

There's no one-size-fits-all answer. It depends on your growth plans, your exit strategy, and where you and your investors are based.

Launching or raising soon? Send me a message and let's map out the right structure before you file the paperwork.

10/06/2026

"אני כבר משלם מס בישראל — למה שאשלם שוב לאמריקה?" 🇮🇱🇺🇸
זו אחת השאלות הכי נפוצות שאני מקבל מישראלים שגרים או מרוויחים בשתי המדינות.

התשובה הקצרה: ברוב המקרים לא צריך לשלם פעמיים. אבל ההקלה לא קורה אוטומטית — צריך לדרוש אותה בדוח.

אזרחים אמריקאים ובעלי גרין קארד מדווחים ל-IRS על ההכנסה העולמית שלהם — כולל שכירות מדירה בישראל, ריבית, דיבידנדים או משכורת. כדי למנוע כפל מס יש שני כלים עיקריים:

✅ זיכוי מס זר (IRC §901, Form 1116) — המס ששילמתם בישראל מקוזז מהמס האמריקאי על אותה הכנסה. זיכוי שלא נוצל אפשר להעביר שנה אחת אחורה או עד 10 שנים קדימה (IRC §904(c)).

✅ החרגת הכנסת עבודה מחו״ל (IRC §911, Form 2555) — למי שגר ועובד מחוץ לארה״ב, אפשר להחריג משכורת עד תקרה שנתית (130,000$ לשנת המס 2025).

בנוסף, אמנת המס בין ארה״ב לישראל קובעת כללים לגבי איזו מדינה ממסה איזו הכנסה — במיוחד בפנסיות ובקצבאות.

הבחירה בין הכלים חשובה: לפעמים הזיכוי משתלם יותר, לפעמים ההחרגה — ובחירה לא נכונה יכולה להשפיע על כמה שנים קדימה.

📅 תזכורת: למי שביקש הארכה, המועד האחרון להגשת דוח 2025 הוא 15 באוקטובר.

יש לכם הכנסה מישראל ולא בטוחים שאתם מנצלים את הזיכויים? שלחו לי הודעה ונבדוק יחד בפגישת וידאו קצרה.

If you pay high state income tax or property tax — hello, fellow New Yorkers 👋 — the SALT deduction is worth a fresh loo...
10/02/2026

If you pay high state income tax or property tax — hello, fellow New Yorkers 👋 — the SALT deduction is worth a fresh look this year.

For years, your deduction for state and local taxes was capped at $10,000. The 2025 tax law raised that cap to $40,000, and for 2026 it's $40,400 ($20,200 if married filing separately) (IRC §164(b)(7)).

A few things I want you to know before year-end:

🔹 It only helps if you itemize. With the standard deduction at $32,200 for joint filers in 2026, many people still won't itemize — but mortgage interest + property tax + state tax can tip the scales now (IRS Pub. 501, Schedule A).

🔹 High earners get phased down. Once your modified AGI passes $505,000, the cap shrinks by 30 cents for every dollar over — but never below $10,000.

🔹 It's temporary. The higher cap is scheduled to drop back to $10,000 starting in 2030.

🔹 Business owners: your state's pass-through entity tax (PTET) election may still beat the personal SALT deduction (IRS Notice 2020-75).

The planning move? Timing. Bunching property tax payments or a Q4 state estimate into the right year can make a real difference.

Not sure whether itemizing makes sense for you this year? Send me a DM — happy to run the numbers with you.

09/30/2026

📅 Two weeks left: October 15 is the final deadline for anyone who extended their 2025 return.

If you filed an extension back in April (Form 4868), it runs out on October 15 (IRC §6081). For most individual filers there is no second extension — after that date, the failure-to-file penalty starts adding up (IRC §6651), on top of interest on any unpaid balance (IRC §6601).

October 15 is also the final extended due date for your FBAR (FinCEN Form 114) if your foreign accounts together topped $10,000 at any point in 2025 (31 C.F.R. §1010.306(c)). And if you need to file Form 8938 (IRC §6038D), it goes in with your return — same deadline.

🇮🇱 בעברית: למי שביקש הארכה באפריל — ה-15 באוקטובר הוא המועד האחרון להגשת הדוח לשנת 2025. זה גם המועד האחרון להגשת ה-FBAR על חשבונות בנק, חסכונות והשקעות בישראל, אם היתרה המשותפת שלהם עברה 10,000 דולר במהלך השנה. אל תשאירו את זה לרגע האחרון.

Still waiting on documents, or stuck translating Israeli bank statements? Send me a message this week — I work with clients nationwide over video, in English or Hebrew.

שלחו הודעה — נעבור על זה יחד.

#מיסיםבארהב

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