MNMW Blog

MNMW Blog2023-09-19T13:28:26-04:00

Updated Standard Mileage Rates for 2024

December 27th, 2023|Comments Off on 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

December 19th, 2023|Comments Off on 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, [...]

Tax Tips for New Parents

By |July 14th, 2023|Categories: Tax Planning & Preparation, Tax Tips|Tags: , , , , , , , |

Tax Tips for New Parents Kids are expensive. Whether someone just brought a bundle of joy home from the hospital, adopted a teen from foster care, or is raising their grandchild. There are several tax [...]

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Info to Help Gig Economy Workers Stay On Top of Their Tax Responsibilities

By |July 3rd, 2023|Categories: Tax Planning & Preparation, Tax Tips|Tags: , , , , , , , |

Info to Help Gig Economy Workers Stay On Top of Their Tax Responsibilities The gig economy - also called sharing economy or access economy - is a popular way for people to earn income by [...]

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Tax Considerations When Selling a Home

By |June 20th, 2023|Categories: Tax Planning & Preparation, Tax Tips|Tags: , , , , , |

Tax Considerations When Selling a Home Many people move during the summer. Taxpayers who are selling their home may qualify to exclude all or part of any gain from the sale from their income when filing their [...]

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Business Travelers Should Check Out These Deductions Before Hitting the Road

By |June 8th, 2023|Categories: Tax Planning & Preparation, Tax Tips|Tags: , , , , , |

Business Travelers Should Check Out These Deductions Before Hitting the Road Many people travel for their job — some for an occasional conference and some travel year-round. Whatever their time on the road, business travelers [...]

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The IRS Alerts Taxpayers of Suspected Identity Theft by Letter

By |June 1st, 2023|Categories: Tax Planning & Preparation, Tax Tips|Tags: , , , , , |

The IRS Alerts Taxpayers of Suspected Identity Theft by Letter Scammers sometimes use stolen Social Security numbers to file fraudulent tax returns and collect refunds. To prevent this, the IRS scans every tax return for [...]

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Emergency Preparedness Plans Should Include Financial Records and Tax Information

By |May 19th, 2023|Categories: Tax Planning & Preparation, Tax Tips|Tags: , , , , |

Emergency Preparedness Plans Should Include Financial Records and Tax Information People should put together an emergency preparedness plan for their household – and include copies of their vital records and financial information. By creating an [...]

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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.

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