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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
Educator Expense Deduction Helps Teachers Cut Classroom Costs
Educator Expense Deduction Helps Teachers Cut Classroom Costs Teachers often buy classroom supplies with their own money. The Educator Expense Deduction helps them get some of that money back. Eligible teachers and administrators can deduct [...]
Knowing How Scammers Pose as the IRS Can Help Taxpayers Protect Themselves
Knowing How Scammers Pose as the IRS Can Help Taxpayers Protect Themselves Crooks are always looking for new ways to scam unsuspecting taxpayers. Scammers impersonate the IRS by phone or email, in person, or by [...]
Tax Considerations for People Who Are Separating or Divorcing
Tax Considerations for People Who Are Separating or Divorcing When couples separate or divorce, the change in their relationship status affects their tax situation. The IRS considers a couple married for tax filing purposes until [...]
MNMW Ranks #4 for Small Business on Florida Trend Top 100 Best Companies List
MNMW Ranks #4 for Small Business on Florida Trend Top 100 Best Companies List Markham Norton Mosteller Wright & Company, P.A. was recently named one of Florida’s Best Companies To Work For. The annual Best Companies To Work [...]
Learn the Warning Signs of Employee Retention Credit Scams
Learn the Warning Signs of Employee Retention Credit Scams Businesses and tax-exempt organizations should watch out for telltale signs of misleading claims involving the Employee Retention Credit. Scammers and unscrupulous promoters continue to run aggressive broadcast [...]
Summertime Activities That Might Affect People’s Tax Return Next Year
Summertime Activities That Might Affect People’s Tax Return Next Year For many people, summertime means change. Whether it's a life change like a marriage or a typical summer event – like sending the kids to [...]
Our firm provides the information on our blog/vlog for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisors. Before making any decision or taking any action, you should consult a professional advisor who has been provided with all pertinent facts relevant to your particular situation. Tax articles on this website are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
