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. [...]
Important Information Regarding QuickBooks Desktop
Important Information Regarding QuickBooks Desktop We recently received an update from Intuit QuickBooks regarding their Desktop product that may impact you or your business. After July 31, [...]
Don’t Forget About Qualified Charitable Distributions Before End of 2023
Don't Forget About Qualified Charitable Distributions Before End of 2023 As the end of 2023 draws near, we want to remind you about the qualified charitable distributions [...]
IRS Announces Withdrawal Process for Employee Retention Credit Claims
IRS Announces Withdrawal Process for Employee Retention Credit Claims; Special Initiative Aimed At Helping Businesses Concerned About [...]
MNMW Hosting Annual FREE Shred Day Event to Benefit United Way
MNMW Hosting Annual FREE Shred Day Event to Benefit United Way Markham Norton Mosteller Wright & Co., [...]
MNMW Promotes Multiple Team Members
MNMW Promotes Multiple Team Members As of October 1, 2023, Markham Norton Mosteller Wright & Co., P.A. [...]
Individual Retirement Accounts Can Be Important Tools in Retirement Planning
Individual Retirement Accounts Can Be Important Tools in Retirement Planning It is never too early to begin [...]
Avoiding Identity Theft Scammers Posing as the IRS
Avoiding Identity Theft Scammers Posing as the IRS Imitation may be the sincerest form of flattery, but [...]
Tips to Help Taxpayers Make Sure Their Donations Go to Legitimate Charities
Tips to Help Taxpayers Make Sure Their Donations Go to Legitimate Charities When disaster strikes, Americans can [...]
Taxpayers and Tax Pros Should Learn about These Common Tax Scams
Taxpayers and Tax Pros Should Learn About These Common Tax Scams While scammers work hard during tax season to try to steal money, personal information and data, they also stay busy the rest of the [...]
When an IRS Letter Arrives, Taxpayers Don’t Need to Panic, but They Do Need to Read It
When an IRS Letter Arrives, Taxpayers Don’t Need to Panic, but They Do Need to Read It Getting a letter from the IRS can make some taxpayers nervous – but there's no need to panic. [...]
Here’s What Taxpayers Need to Know to Claim Clean Vehicle Tax Credits
Here’s What Taxpayers Need to Know to Claim Clean Vehicle Tax Credits The Inflation Reduction Act of 2022 made several changes to the tax credits provided for qualified plug-in electric drive motor vehicles, including adding [...]
Taxpayers Can Avoid Processing Delays and Refund Adjustments Following These Tips
Taxpayers Can Avoid Processing Delays and Refund Adjustments Following These Tips Taxpayers can avoid common errors on their federal tax returns and get their refund sooner by ensuring their tax return is complete, accurate and [...]
All Income Is Taxable, Including Gig Economy and Tip Income
All Income Is Taxable, Including Gig Economy and Tip Income It's important for taxpayers to file a federal tax return that has a complete and correct reporting of their income – which may mean including [...]
Attempting This W-2 Scam Can Lead to Penalties for Taxpayers
Attempting This W-2 Scam Can Lead to Penalties for Taxpayers A new scam circulating on social media urges people to use wage information on a tax return to claim false credits in hopes of getting [...]
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