A Plus Tax & Accounting LLC

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.

One question I get constantly from freelancers and small business owners: "Should I elect S-Corp status for my LLC?" Her...
09/18/2026

One question I get constantly from freelancers and small business owners: "Should I elect S-Corp status for my LLC?"

Here is the honest math behind it.

When you run your business as a default LLC (taxed as a sole proprietorship or partnership), all of your net profit is subject to self-employment tax - 15.3% (IRC §1401). There is no way around that unless you change your tax structure.

An S-Corp election changes the game. Instead of self-employment tax on everything, you pay yourself a reasonable W-2 salary (subject to payroll tax) and take the rest as a distribution, which is NOT subject to self-employment tax (Rev. Rul. 59-221). The IRS does require that salary be "reasonable" for your role and industry (IRC §162(a)(1)) - this is not a loophole to pay yourself $1.

The catch: S-Corp status adds payroll processing, a separate 1120-S return, and more moving parts. That overhead usually is not worth it until your net profit clears roughly $40,000/year. Below that, the tax savings rarely outweigh the added cost and complexity.

There is no one-size-fits-all answer here - it depends on your profit, your industry, and your long-term plans. If you are not sure which side of that line you are on, that is exactly the kind of question I help clients work through, wherever you are in the US.

Drop a comment or send a DM if you want to run your numbers.

09/16/2026

אם יש לכם חשבון בנק, קרן פנסיה, קופת גמל או תיק השקעות בישראל — ואתם אזרחים אמריקאים או בעלי גרין קארד — יש לכם ככל הנראה חובת דיווח שרוב האנשים לא מודעים אליה.

ברגע שהסכום הכולל בכל החשבונות הזרים יחד עולה על 10,000$ בכל שלב במהלך השנה, אתם חייבים להגיש דוח FBAR (FinCEN Form 114) לאוצר האמריקאי. זהו טופס נפרד לגמרי ממס ההכנסה הרגיל, עם מועד הגשה ב-15 באפריל והארכה אוטומטית עד 15 באוקטובר.

מעבר לזה — אם שווי הנכסים הפיננסיים הזרים גבוה יותר (הסף משתנה לפי מצב משפחתי ומקום מגורים), ייתכן שתידרשו גם להגיש Form 8938 תחת חוק FATCA (IRC §6038D).

הקנסות על אי-דיווח יכולים להיות משמעותיים, גם כשלא הייתה שום כוונה להסתיר דבר. הטעות הכי נפוצה שאני נתקל בה: אנשים שחיים בארה״ב כבר שנים, ופשוט לא ידעו שחשבון ״רגיל״ בישראל נחשב חשבון זר לצורך הדיווח.

אם יש לכם חשבונות, קרנות או נכסים פיננסיים מחוץ לארה״ב — כדאי לבדוק את הנושא הזה לפני שהוא הופך לבעיה. אני עוזר ללקוחות בכל רחבי הארץ להסדיר את הדיווח הזה בלי סטרס, בפגישת וידאו קצרה.

שלחו לי הודעה ונבדוק יחד את המצב שלכם.

How long do you actually need to keep your tax records?I get this question every year around this time, usually from som...
09/14/2026

How long do you actually need to keep your tax records?

I get this question every year around this time, usually from someone about to shred five years of old returns to declutter. Before you do, here's the rule of thumb I give clients:

📌 Most returns: keep 3 years from your filing date. That's the general statute of limitations the IRS has to audit you (IRC §6501(a)).

📌 Underreported income by more than 25%: the IRS gets 6 years, not 3 (IRC §6501(e)).

📌 Claimed a loss on worthless securities or a bad debt deduction: keep those records 7 years.

📌 Filed a fraudulent return, or never filed at all: there's no time limit. The IRS can go back indefinitely (IRC §6501(c)).

A couple rules I give every client regardless of category: hang onto W-2s, 1099s, and receipts tied to anything you deducted, and keep proof of major asset purchases (a home, investments) for as long as you own it, plus 3 years after you sell. You'll need that basis number later.

Digital counts. A labeled folder in cloud storage beats a shoebox every time.

Not sure what's safe to shred? Send me a message before you toss anything. A five-minute check is a lot cheaper than reconstructing records mid-audit.

09/11/2026

Q3 estimated taxes are due Monday, September 15. If you're self-employed, freelancing, running an S-corp, or collecting rental income, this is the payment the IRS expects even though nobody is withholding it for you.

Miss it, and it's not just interest — there's a real underpayment penalty attached (IRC §6654), calculated quarter by quarter, not just tallied up at year-end. Every year I see clients get caught off guard by a "safe harbor" rule that could've protected them if they'd planned ahead.

Quick gut check: if 2026 looks meaningfully different from 2025 — new business, a big year, a slow year — your estimate should look different too. Don't just copy last year's number.

בעברית: יום שני, 15 בספטמבר, הוא המועד האחרון לתשלום המקדמה הרבעונית השלישית למס הפדרלי. זה נוגע לכל מי שעצמאי, בעל עסק, או מקבל הכנסה משכר דירה — כולל לקוחות רבים שלי עם פעילות עסקית גם בישראל וגם בארה"ב. אשמח לעזור לחשב את הסכום הנכון כדי למנוע קנסות.

I work with clients nationwide over video — bilingual, EA-licensed, and happy to run your numbers before Monday. Drop a comment or send a DM if you want a quick gut-check on your Q3 estimate.

📅 September 15 is a deadline worth circling — and it's really two deadlines sharing one date.First: the third-quarter es...
09/09/2026

📅 September 15 is a deadline worth circling — and it's really two deadlines sharing one date.

First: the third-quarter estimated tax payment is due (Form 1040-ES, IRC §6654). If you're self-employed, run a business, or earn income that isn't covered by withholding — freelance work, investments, a rental property — the IRS expects you to pay tax as you go. Skip a quarter and the underpayment penalty accrues interest daily, even if you're owed a refund at year-end.

Second: if your S-Corp or partnership filed for an extension back in March, the final return is due September 15 (Form 1120-S, Form 1065). There is no second extension. The late-filing penalty runs several hundred dollars per shareholder or partner for every month the return is late (IRC §6699, §6698) — on a three-owner LLC, that compounds fast.

Then October 15 closes out extended individual returns (Form 1040) and the FBAR (FinCEN Form 114) for anyone with foreign accounts above the reporting threshold.

If any of these apply to you and you're not sure where you stand, send me a message. I work with clients in all 50 states by video, and a 15-minute check-in now costs a lot less than a penalty notice in November.

09/07/2026

What does "Enrolled Agent" actually mean — and why should it matter to you?

An Enrolled Agent is a tax professional licensed directly by the U.S. Treasury under Circular 230 (31 C.F.R. Part 10). It is the highest credential the IRS grants. It means I can represent you before the IRS in any state and on any matter — audits, notices, appeals, collections — whether or not I prepared the return in question.

It also means I meet annual continuing-education and ethics requirements, so the advice you get in September is current, not left over from last filing season.

At A Plus Tax & Accounting, everything runs by secure video. It does not matter if you are in New York, Texas, or California — or splitting your year between the U.S. and Israel. Same EA, year-round, in English or Hebrew.

Tax questions rarely wait for April. If something is on your mind now, send me a message or book a free consult.

— — —

מה זה בעצם "Enrolled Agent" ולמה זה חשוב לכם?

Enrolled Agent הוא איש מקצוע בתחום המס עם הרישיון הגבוה ביותר שרשות המס האמריקאית (IRS) מעניקה — ישירות ממשרד האוצר האמריקאי, תחת Circular 230. המשמעות: אני יכול לייצג אתכם מול ה-IRS בכל מדינה ובכל נושא — ביקורת, מכתבים, ערעורים, גבייה — גם אם לא אני הכנתי את הדוח.

הכול נעשה בשיחת וידאו מאובטחת, אז לא משנה אם אתם בניו יורק, בקליפורניה, או מתחלקים בין ארהב לישראל. אותו איש מקצוע, כל השנה, באנגלית או בעברית.

יש שאלה שמעסיקה אתכם? שלחו לי הודעה או קבעו שיחת ייעוץ ללא עלות.

That IRS envelope on your kitchen table isn't a reason to panic — but it is a reason to act.Most IRS notices are automat...
09/04/2026

That IRS envelope on your kitchen table isn't a reason to panic — but it is a reason to act.

Most IRS notices are automated: a CP2000 saying the income on your return doesn't match what a payer reported, a CP14 for a balance due, or a math-error notice adjusting your refund. None of these is an audit. All of them have a deadline, usually 30 days.

Here's what I tell clients to do the day the letter arrives:

1. Read the notice number in the corner of page 1. It tells you exactly what the IRS thinks is wrong.
2. Check the proposed change against your own records before you agree or disagree. The IRS is right often — but not always.
3. Don't ignore the response date. Miss it and a "proposed" assessment can become a real one (IRC §6213).
4. If you owe and can't pay in full, you still have options: a short-term extension, an installment agreement (IRS Form 9465), or in the right circumstances an Offer in Compromise (IRC §7122).
5. Keep every page, plus a copy of anything you send back.

As an Enrolled Agent, I can respond to the IRS on your behalf and deal with them directly, so you don't have to.

Got a notice you don't understand? Send me a message — I'll tell you what it actually means and what your next move is.

"I already formed a US LLC, so I'm all set, right?" I hear this a lot from Israeli founders and dual citizens running a ...
09/02/2026

"I already formed a US LLC, so I'm all set, right?" I hear this a lot from Israeli founders and dual citizens running a business from abroad. Forming the entity is the easy part. Staying compliant is where people get blindsided.

If a non-US person owns a US single-member LLC, the IRS treats it as a disregarded entity, but you still owe an annual filing: Form 5472 attached to a pro forma Form 1120, reporting transactions between you and the LLC (Treas. Reg. §1.6038A-1). Miss it and the penalty starts at $25,000 (IRC §6038A(d)). This trips up people who assumed "no US income means no US forms."

A few other things founders skip:
- Getting an EIN without an SSN or ITIN (file Form SS-4 directly, not through an online wizard)
- Checking whether the income is "effectively connected" to a US trade or business, since that is what actually drives US income tax, not the LLC label (IRC §864(c))
- Registering in the state where you actually operate, not just the state you formed in

An LLC is a great tool. It is just not a "file once and forget" tool, especially across borders.

Not sure which filings apply to your setup? Send me a message and I will map it out with you.

08/31/2026

קיבלתם מתנה או ירושה מהמשפחה בישראל? ייתכן שיש טופס שאתם חייבים להגיש ל-IRS.

הרבה ישראלים-אמריקאים מקבלים סיוע כספי מההורים בארץ — עזרה במקדמה לדירה, מתנה לחתונה, או ירושה מסבא וסבתא. הבשורה הטובה: מתנה או ירושה מאדם שאינו אזרח או תושב ארה"ב אינה חייבת במס הכנסה אמריקאי עבור מי שמקבל אותה.

אבל יש חובת דיווח. אם קיבלתם במהלך השנה יותר מ-$100,000 במתנות או בירושה מיחיד זר (או מבני משפחתו הקרובים), אתם חייבים לדווח על כך ב-Form 3520 (IRC §6039F). הטופס מוגש בנפרד, עד למועד הגשת דוח המס שלכם כולל הארכות.

זה לא טופס שמשלמים עליו מס — אבל אי-הגשה במועד עלולה לגרור קנס של עד 25% מסכום המתנה. ראיתי משפחות שקיבלו עזרה לגיטימית לחלוטין מההורים, ונקנסו רק משום שלא ידעו על קיום הטופס.

כמה נקודות שחשוב להכיר:
• הסף של $100,000 מצטבר על פני כל השנה, לא לפי מתנה בודדת
• קבלת כספים מנאמנות זרה או מ"קרן" בישראל כפופה לכללים אחרים ומחמירים יותר
• תיעוד מסודר של מקור הכסף חוסך הרבה כאב ראש אם ה-IRS שואל בהמשך

מתכננים לקבל סיוע מהמשפחה בארץ השנה? כתבו לי בהודעה פרטית או קבעו שיחת ייעוץ חינם — נוודא שהדיווח נעשה נכון מראש, בעברית.

Working from home this year? You have two ways to deduct your home office, and picking the wrong one can cost you.The Si...
08/26/2026

Working from home this year? You have two ways to deduct your home office, and picking the wrong one can cost you.

The Simplified Method: $5 per square foot of your home office, capped at 300 sq ft ($1,500 max). No receipts needed, no depreciation to track. Fast and clean (Rev. Proc. 2013-13).

The Regular Method: You deduct the actual percentage of your home used for business, mortgage interest, utilities, insurance, repairs, depreciation, all prorated (Form 8829, IRC §280A). More paperwork, but often a bigger deduction if you have a larger space or high housing costs.

Here is the catch most people miss: the space has to be used regularly AND exclusively for business. Your kitchen table does not count if the kids do homework there too.

I run both calculations for my self-employed and S-corp clients every year before filing, sometimes the simplified method wins, sometimes the regular method saves hundreds more. It depends entirely on your numbers.

Not sure which one fits your situation? Drop a comment or send me a DM, happy to walk you through it.

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Flushing
New York, NY
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+12124704982

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