Newlyweds Tax Checklist
Newlyweds Tax Checklist Summer wedding season has arrived, and newlyweds can make their tax filing easier by doing a few things now. A taxpayer's marital status as [...]
Builders of Energy Efficient Homes May Qualify for a Valuable Tax Credit
Builders of Energy Efficient Homes May Qualify for a Valuable Tax Credit Eligible contractors who build new energy efficient homes or substantially reconstruct existing homes into qualified [...]
MNMW Welcomes Three New Team Members
MNMW Welcomes Three New Team Members Markham Norton Mosteller Wright & Co., P.A. (MNMW) welcomes three new team members to the firm. Rachel Petersdorff and Sara Koronec [...]
Updates for QuickBooks
Updates for QuickBooks Intuit QuickBooks (QB) is making product changes that may impact you or your business. [...]
Emergency Preparedness Plans for Businesses Should Include Financial Records
Emergency Preparedness Plans for Businesses Should Include Financial Records When business owners put together an emergency preparedness [...]
Debunking Common Myths about Federal Tax Refunds
Debunking Common Myths about Federal Tax Refunds Once people complete and file their tax return, many of [...]
Parents: Check Eligibility for the Credit for Other Dependents
Parents: Check Eligibility for the Credit for Other Dependents The credit for other dependents is a $500 [...]
Tax Help for New Parents
Tax Help for New Parents Parents have special tax situations and benefits. Tax breaks for parenting expenses [...]
Selecting a Tax Professional as a Small Business Taxpayer
Selecting a Tax Professional as a Small Business Taxpayer When a small business decides to bring in [...]
Valerie’s House Welcomes Elisa Bowersox, CPA as Board Treasurer
Valerie’s House Welcomes Elisa Bowersox, CPA as Board Treasurer Elisa Bowersox, CPA, a tax manager with Markham Norton Mosteller Wright & Co., P.A. (MNMW), joined Valerie’s House Board of Directors as the Treasurer. In this [...]
Tax Credits and Deductions for Individuals
Tax Credits and Deductions for Individuals Tax credits and deductions change the amount of a person's tax bill or refund. People should understand which credits and deductions they can claim and the records they need to show [...]
MNMW Welcomes Three New Team Members
MNMW Welcomes Three New Team Members Markham Norton Mosteller Wright & Co., P.A. (MNMW) welcomes three new team members to the firm. Ryan Ford joined our Business Advisory and Accounting division, Trevor Reinhard joined our [...]
Required Minimum Distributions: Beneficiaries
Required Minimum Distributions: Beneficiaries Beneficiaries of retirement plans and IRA accounts are subject to required minimum distribution (RMD) rules. The SECURE Act changed how and when beneficiaries who are individuals must take distributions for account [...]
Taking Distributions From Your Retirement Plan or IRA Before Age 59 ½
Taking Distributions From Your Retirement Plan or IRA Before Age 59 ½ Saving for retirement occurs over a period of perhaps 40 or more years. And over those 40-odd years, you may run into life-situations [...]
Updated Standard Mileage Rates for 2024
Updated Standard Mileage Rates for 2024 The IRS issued the new standard mileage rates effective January 1, 2024. The new business use rate is 67¢ per mile. This is up 1.5 cents from 2023. Additional [...]
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