NAS Accounting & Tax Hub, LLC

NAS Accounting & Tax Hub, LLC No annoying tax professional and financial lingo. Just straight, authoritative and friendly advice. Visit us: www.nasathub.com
Or give us a call: (224) 713-8979

NAS is a one stop accounting shop, in that we offer accounting (bookkeeping), tax preparation, audit, and tax resolution services to clients. We have been established since January 2022. NAS is noted to be the Hallmark of Accuracy, Quality, and Excellence. Accuracy: We ensure that consistent GAAP standards are applied throughout the financial reporting process. Quality: We provide useful and relev

ant accounting information to business owners for effective decision-making, that represents the economic reality of the company's activities during the reporting period as well as the company's financial condition at the end of the accounting period. Excellence: Our attention to detail, integrity, and solid work ethics enables us to provide excellent services to our clients. Let our team help eliminate your fears, frustrations, stress, and worries when it comes to changes in tax regulations and knowing where your hard-earned money is going. No more worrying about surprise fees, fines, or penalties from a lack of planning. We are excited to use our knowledge and experience to help you.

09/10/2026

๐Ÿšจ ๐—ก๐—ข๐—ก๐—ฃ๐—ฅ๐—ข๐—™๐—œ๐—ง ๐—Ÿ๐—˜๐—”๐——๐—˜๐—ฅ๐—ฆ: ๐—–๐—ฎ๐—ป ๐—ฎ ๐—ป๐—ผ๐—ป๐—ฝ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—บ๐—ฎ๐—ธ๐—ฒ ๐—ฎ ๐—ฝ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜?

Yes! A 501(c)(3) nonprofit organization can have money left after paying its expensesโ€”but there are important rules about what happens to that money.

In my latest YouTube video, I explain in simple language:

๐Ÿ’ฐ Can nonprofits make a profit?
๐Ÿ’ต Can nonprofit founders and leaders get paid?
๐Ÿฆ Can a nonprofit build cash reserves?
๐Ÿ“Š What should happen to money left at year-end?
๐Ÿšซ What should nonprofit leaders avoid doing with nonprofit funds?

If youโ€™re a nonprofit founder, executive director, board member, treasurer, or nonprofit leader, this is information you should understand.

๐ŸŽฅ ๐—ช๐—ฎ๐˜๐—ฐ๐—ต ๐˜๐—ต๐—ฒ ๐—™๐—จ๐—Ÿ๐—Ÿ ๐—ฉ๐—œ๐——๐—˜๐—ข ๐—ผ๐—ป ๐—ฌ๐—ผ๐˜‚๐—ง๐˜‚๐—ฏ๐—ฒ:
h๐˜๐˜๐—ฝ๐˜€://๐˜„๐˜„๐˜„.๐˜†๐—ผ๐˜‚๐˜๐˜‚๐—ฏ๐—ฒ.๐—ฐ๐—ผ๐—บ/๐˜„๐—ฎ๐˜๐—ฐ๐—ต?๐˜ƒ=๐—•๐—บ๐—ฎ๐˜…๐—ค๐Ÿต๐—ฒ๐—•๐˜‚๐Ÿณ๐—ผ

๐Ÿ”Ž You can also search โ€œNAS Accounting & Tax Hubโ€ on YouTube.

โž• FOLLOW for simple, practical content on nonprofit accounting, Form 990, grants, bookkeeping, audits, tax compliance, and financial management.

๐Ÿ’ฌ COMMENT โ€œNONPROFITโ€ if you want to see more nonprofit accounting content.

๐Ÿ“Œ SAVE this post for later and SHARE it with a nonprofit leader who needs to hear this.

Happy Labor Day!Today, we celebrate the dedication and hard work that keep our businesses, families, and communities mov...
09/07/2026

Happy Labor Day!

Today, we celebrate the dedication and hard work that keep our businesses, families, and communities moving forward.

Iโ€™m spending mine resting at home and grilling with my family. โค๏ธ How are you spending yoursโ€”resting, recharging, or building? Tell me below! ๐Ÿ‘‡

09/04/2026

๐Ÿ’ฐ $20,000 donated to your nonprofit doesnโ€™t always mean $20,000 available to spend anywhere you choose.

When a donor restricts a contribution for scholarships or another specific purpose, your nonprofit needs to track and use those funds accordingly.

Good nonprofit bookkeeping isnโ€™t just about knowing your bank balanceโ€”itโ€™s about knowing what the money can actually be used for.

At ๐—ก๐—”๐—ฆ ๐—”๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ถ๐—ป๐—ด & ๐—ง๐—ฎ๐˜… ๐—›๐˜‚๐—ฏ, ๐—Ÿ๐—Ÿ๐—–, we help nonprofits strengthen their bookkeeping, financial reporting, and tax compliance.

๐Ÿ’ฌ ๐——๐—ผ๐—ฒ๐˜€ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ป๐—ผ๐—ป๐—ฝ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—ฐ๐—น๐—ฒ๐—ฎ๐—ฟ๐—น๐˜† ๐˜๐—ฟ๐—ฎ๐—ฐ๐—ธ ๐—ฑ๐—ผ๐—ป๐—ผ๐—ฟ-๐—ฟ๐—ฒ๐˜€๐˜๐—ฟ๐—ถ๐—ฐ๐˜๐—ฒ๐—ฑ ๐—ณ๐˜‚๐—ป๐—ฑ๐˜€?

09/03/2026

๐Ÿงพ ๐—” ๐˜€๐˜๐—ฎ๐—ฐ๐—ธ ๐—ผ๐—ณ ๐—ฟ๐—ฒ๐—ฐ๐—ฒ๐—ถ๐—ฝ๐˜๐˜€ ๐—ถ๐˜€ ๐—ป๐—ผ๐˜ ๐—ฏ๐—ผ๐—ผ๐—ธ๐—ธ๐—ฒ๐—ฒ๐—ฝ๐—ถ๐—ป๐—ด!

On today's edition of ๐—ช๐—ผ๐—ฟ๐—ธ ๐˜„๐—ถ๐˜๐—ต ๐—จ๐—ฆ ๐—ช๐—ฒ๐—ฑ๐—ป๐—ฒ๐˜€๐—ฑ๐—ฎ๐˜†, I will like to speak to you on ๐—ฅ๐—ฒ๐—ฐ๐—ฒ๐—ถ๐—ฝ๐˜๐˜€ ๐˜ƒ๐˜€ ๐—•๐—ผ๐—ผ๐—ธ๐—ธ๐—ฒ๐—ฒ๐—ฝ๐—ถ๐—ป๐—ด. Receipts show what you purchasedโ€”but an accounting system helps you understand where your money is going, whether your business is profitable, and what decisions to make next.

Proper bookkeeping means organized records, accurate reports, easier tax preparation, and fewer financial surprises.

Need help getting your books organized? Send us a DM or ๐˜ƒ๐—ถ๐˜€๐—ถ๐˜ [๐˜„๐˜„๐˜„.๐—ป๐—ฎ๐˜€๐—ฎ๐˜๐—ต๐˜‚๐—ฏ.๐—ฐ๐—ผ๐—บ](๐—ต๐˜๐˜๐—ฝ://๐˜„๐˜„๐˜„.๐—ป๐—ฎ๐˜€๐—ฎ๐˜๐—ต๐˜‚๐—ฏ.๐—ฐ๐—ผ๐—บ).

๐—ฃ๐—น๐—ฎ๐—ป ๐—ฆ๐—บ๐—ฎ๐—ฟ๐˜. ๐—ฃ๐—ฎ๐˜† ๐—Ÿ๐—ฒ๐˜€๐˜€. ๐—•๐˜‚๐—ถ๐—น๐—ฑ ๐—ช๐—ฒ๐—ฎ๐—น๐˜๐—ต.

08/30/2026

๐ŸŒŸ CEO Sunday: Success Also Looks Like This

As CEOs, entrepreneurs, professionals, parents, and leaders, itโ€™s easy to become so focused on the next goal, the next deadline, and the next level that we forget to enjoy the life weโ€™re working so hard to build.

On August 22nd, I attended McHenryโ€™s 80โ€™s Theme Night with my family, and it was such a beautiful reminder that rest, laughter, family time, and community are part of success too. โค๏ธ

Sometimes the best moments happen when we simply step away from our busy schedules, get out into the community, and enjoy the people around us.

Leadership isnโ€™t only about how much we accomplish. Itโ€™s also about being present, creating memories, building meaningful relationships, and enjoying the journey along the way.

That evening reminded me of something I want to carry into this new week:

๐Ÿ’— Make time for what fills your soul.
๐Ÿค Support and connect with your community.
๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘ง Be present with the people who matter.
๐Ÿš€ Then return to your goals refreshed and ready to keep building.

Because at the end of the day, weโ€™re not just building businessesโ€”weโ€™re building lives, relationships, and legacies.

For this CEO Sunday, Iโ€™d love to hear from you: Whatโ€™s one thing youโ€™ve done recently that helped you recharge? ๐Ÿ‘‡๐Ÿพโœจ

CommunityMatters McHenryIL WomenInBusiness SmallBusinessOwner Leadership PurposeDriven BuildingALegacy

Do you know the difference between Tax planning and Tax Preparation? If no, make sure you watch this, it will save you m...
08/28/2026

Do you know the difference between Tax planning and Tax Preparation? If no, make sure you watch this, it will save you money!!

Are you waiting until tax season to think about taxes? In this Tax ...

๐Ÿ’œ ๐—ง๐—ฅ๐—จ๐—ฆ๐—ง ๐—ง๐—›๐—จ๐—ฅ๐—ฆ๐——๐—”๐—ฌ: ๐—–๐—ฎ๐—ป ๐—œ ๐˜๐—ฒ๐—น๐—น ๐˜†๐—ผ๐˜‚ ๐˜€๐—ผ๐—บ๐—ฒ๐˜๐—ต๐—ถ๐—ป๐—ด ๐—ณ๐—ฟ๐—ผ๐—บ ๐˜๐—ต๐—ฒ ๐—ฎ๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ฎ๐—ป๐˜โ€™๐˜€ ๐˜€๐—ถ๐—ฑ๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐˜๐—ฎ๐—ฏ๐—น๐—ฒ?The best accountant-client relationsh...
08/27/2026

๐Ÿ’œ ๐—ง๐—ฅ๐—จ๐—ฆ๐—ง ๐—ง๐—›๐—จ๐—ฅ๐—ฆ๐——๐—”๐—ฌ: ๐—–๐—ฎ๐—ป ๐—œ ๐˜๐—ฒ๐—น๐—น ๐˜†๐—ผ๐˜‚ ๐˜€๐—ผ๐—บ๐—ฒ๐˜๐—ต๐—ถ๐—ป๐—ด ๐—ณ๐—ฟ๐—ผ๐—บ ๐˜๐—ต๐—ฒ ๐—ฎ๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ฎ๐—ป๐˜โ€™๐˜€ ๐˜€๐—ถ๐—ฑ๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐˜๐—ฎ๐—ฏ๐—น๐—ฒ?

The best accountant-client relationships arenโ€™t built once a year at tax time.

Theyโ€™re built when you:

โœจ Ask questions ๐—ฏ๐—ฒ๐—ณ๐—ผ๐—ฟ๐—ฒ making major financial decisions
โœจ Share the full pictureโ€”even when the books are messy
โœจ Donโ€™t wait until thereโ€™s a problem to reach out
โœจ See your accountant as a business resource, not just a tax preparer
โœจ Understand that good financial guidance works best when we work ๐˜๐—ผ๐—ด๐—ฒ๐˜๐—ต๐—ฒ๐—ฟ

You donโ€™t have to know everything about accounting to run a successful business.

But you should have someone you trust enough to say:

โ€œI ๐—ฑ๐—ผ๐—ปโ€™๐˜ ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€๐˜๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ถ๐˜€. ๐—–๐—ฎ๐—ป ๐˜†๐—ผ๐˜‚ ๐—ฒ๐˜…๐—ฝ๐—น๐—ฎ๐—ถ๐—ป ๐—ถ๐˜ ๐˜๐—ผ ๐—บ๐—ฒ?โ€

And there should be ZERO embarrassment in asking that question.

Thatโ€™s the kind of relationship I want to build with the business owners who follow this pageโ€”one where you can ๐—น๐—ฒ๐—ฎ๐—ฟ๐—ป, ๐—ฎ๐˜€๐—ธ ๐—พ๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป๐˜€, ๐—ฎ๐—ป๐—ฑ ๐—บ๐—ฎ๐—ธ๐—ฒ ๐˜€๐—บ๐—ฎ๐—ฟ๐˜๐—ฒ๐—ฟ ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฑ๐—ฒ๐—ฐ๐—ถ๐˜€๐—ถ๐—ผ๐—ป๐˜€.
undefined
๐Ÿ‘‡๐Ÿพ So for todayโ€™s โ€ฆ

๐—œ๐—ณ ๐˜†๐—ผ๐˜‚ ๐—ฐ๐—ผ๐˜‚๐—น๐—ฑ ๐˜€๐—ถ๐˜ ๐—ฑ๐—ผ๐˜„๐—ป ๐˜„๐—ถ๐˜๐—ต ๐—ฎ ๐—–๐—ฃ๐—” ๐—ณ๐—ผ๐—ฟ ๐Ÿญ๐Ÿฑ ๐—บ๐—ถ๐—ป๐˜‚๐˜๐—ฒ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฎ๐˜€๐—ธ ๐—ข๐—ก๐—˜ ๐—พ๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€, ๐˜„๐—ต๐—ฎ๐˜ ๐˜„๐—ผ๐˜‚๐—น๐—ฑ ๐˜†๐—ผ๐˜‚ ๐—ฎ๐˜€๐—ธ?
undefined
Drop your question below. ๐Ÿ‘‡๐Ÿพ I may answer yours in an upcoming post or video!

๐Ÿ“Œ **SAVE** this post for later
๐Ÿ‘ฅ **SHARE** it with a business owner
โž• **FOLLOW ** for practical conversations about business, taxes, bookkeeping & financial growth.

08/24/2026

๐ŸŽฅ ๐—˜๐—ป๐—ท๐—ผ๐˜†๐—ฒ๐—ฑ ๐˜๐—ต๐—ถ๐˜€ ๐—ฐ๐—น๐—ถ๐—ฝ? ๐——๐—ผ๐—ปโ€™๐˜ ๐˜€๐˜๐—ผ๐—ฝ ๐—ต๐—ฒ๐—ฟ๐—ฒ!

The f๐˜‚๐—น๐—น ๐˜ƒ๐—ถ๐—ฑ๐—ฒ๐—ผ ๐—ถ๐˜€ ๐—ป๐—ผ๐˜„ ๐—ฎ๐˜ƒ๐—ฎ๐—ถ๐—น๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ผ๐—ป ๐—บ๐˜† ๐—ฌ๐—ผ๐˜‚๐—ง๐˜‚๐—ฏ๐—ฒ ๐—ฐ๐—ต๐—ฎ๐—ป๐—ป๐—ฒ๐—น, where I go deeper with practical explanations, examples, and strategies that can help business owners make better financial and tax decisions.

โ–ถ๏ธ Head over to YouTube and watch the full video:
@๐—ป๐—ฎ๐˜€๐—ฎ๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ถ๐—ป๐—ด๐˜๐—ฎ๐˜…๐—ต๐˜‚๐—ฏ

While youโ€™re there, ๐—ฆ๐—จ๐—•๐—ฆ๐—–๐—ฅ๐—œ๐—•๐—˜ so you donโ€™t miss our upcoming videos on bookkeeping, tax planning, business taxes, IRS compliance, and more.

๐Ÿ’ฌ ๐—”๐—ณ๐˜๐—ฒ๐—ฟ ๐˜„๐—ฎ๐˜๐—ฐ๐—ต๐—ถ๐—ป๐—ด, ๐˜๐—ฒ๐—น๐—น ๐—บ๐—ฒ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฏ๐—ถ๐—ด๐—ด๐—ฒ๐˜€๐˜ ๐˜๐—ฎ๐—ธ๐—ฒ๐—ฎ๐˜„๐—ฎ๐˜† ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ฐ๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐˜๐˜€.

And if you know another business owner who could benefit from this information, please ๐˜€๐—ต๐—ฎ๐—ฟ๐—ฒ ๐˜๐—ต๐—ถ๐˜€ ๐—ฝ๐—ผ๐˜€๐˜ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ๐—บ!

๐Ÿ’ฐ ๐—™๐—œ๐—ก๐—”๐—ก๐—–๐—œ๐—”๐—Ÿ ๐—™๐—ฅ๐—œ๐——๐—”๐—ฌ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—ฏ๐—ฎ๐—ป๐—ธ ๐—ฎ๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜ ๐˜€๐—ฎ๐˜†๐˜€ $๐Ÿฏ๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌโ€ฆBut does your business actually have $30,000 available to spend? ๐Ÿ‘€๐—ก๐—ผ๐˜ ๐—ป...
08/21/2026

๐Ÿ’ฐ ๐—™๐—œ๐—ก๐—”๐—ก๐—–๐—œ๐—”๐—Ÿ ๐—™๐—ฅ๐—œ๐——๐—”๐—ฌ

๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—ฏ๐—ฎ๐—ป๐—ธ ๐—ฎ๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜ ๐˜€๐—ฎ๐˜†๐˜€ $๐Ÿฏ๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌโ€ฆ

But does your business actually have $30,000 available to spend? ๐Ÿ‘€

๐—ก๐—ผ๐˜ ๐—ป๐—ฒ๐—ฐ๐—ฒ๐˜€๐˜€๐—ฎ๐—ฟ๐—ถ๐—น๐˜†.

Your bank balance does NOT automatically equal your profit.

Some of that money may already be needed for:

๐Ÿ’ต Payroll
๐Ÿ›๏ธ Taxes
๐Ÿ“„ Outstanding bills
๐Ÿ’ณ Credit card payments
๐Ÿ“ฆ Inventory or upcoming expenses
๐Ÿฆ Loan obligations

And here's another important distinction:

๐—–๐—ฎ๐˜€๐—ต โ‰  ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ โ‰  ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜

A business can be profitable on paper and still struggle with cash flowโ€”or have plenty of cash in the bank while actually operating at a loss.

Thatโ€™s why looking at your bank balance alone doesnโ€™t tell you how healthy your business really is.

Your financial statements tell the bigger story. ๐Ÿ“Š

๐Ÿ‘‡ ๐—ค๐˜‚๐—ถ๐—ฐ๐—ธ ๐—พ๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป:
When you want to know how your business is doing, what do you check first?

๐—”. ๐—•๐—ฎ๐—ป๐—ธ ๐—ฏ๐—ฎ๐—น๐—ฎ๐—ป๐—ฐ๐—ฒ
B. ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ & ๐—Ÿ๐—ผ๐˜€๐˜€ ๐˜€๐˜๐—ฎ๐˜๐—ฒ๐—บ๐—ฒ๐—ป๐˜
๐—–. ๐—•๐—ผ๐˜๐—ต
๐——. ๐—œโ€™๐—บ ๐—ป๐—ผ๐˜ ๐˜€๐˜‚๐—ฟ๐—ฒ

Drop your answer below! ๐Ÿ‘‡

In the meantime, if you missed this week's You tube video, watch it using this: https://youtu.be/6TAMgxw1mLo

๐—ฃ๐—น๐—ฎ๐—ป ๐—ฆ๐—บ๐—ฎ๐—ฟ๐˜. ๐—ฃ๐—ฎ๐˜† ๐—Ÿ๐—ฒ๐˜€๐˜€. ๐—•๐˜‚๐—ถ๐—น๐—ฑ ๐—ช๐—ฒ๐—ฎ๐—น๐˜๐—ต.

Ever wondered how much cash is enough to leave in your business account? What the requirements are? Wonder no more by wa...
08/20/2026

Ever wondered how much cash is enough to leave in your business account? What the requirements are? Wonder no more by watching this week's video!!

Have you ever looked at your business bank account and wondered......

Address

651 W Terra Cotta Avenue, Suite 114
Crystal Lake, IL
60014

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+12247138979

Alerts

Be the first to know and let us send you an email when NAS Accounting & Tax Hub, LLC posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share