Blog
The MKR CPAs & Advisors blog.
Successful Entrepreneurs Can Benefit Small Businesses
Big Leadership Mindset: How the Practices and Philosophies of the World’s Most Successful Entrepreneurs Can Benefit Small Businesses Self-made millionaires and billionaires don’t just happen by luck or chance, though sometimes luck and chance play a role. In large...
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How Rising Gas Prices Could Affect Your Summer Travel Budget
While many Americans don’t check the stock market every day, the price of gasoline is one economic indicator Americans regularly pay attention to. And gas prices are on the rise, which means your summer travel budget could take a hit. With the national average now...
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IRS Reminds Taxpayers Tax Day 2018 is the Last Day to Claim 2014 Returns
Although it might be difficult to imagine not claiming a tax refund, the IRS has estimated that nearly 1 million Americans have not claimed tax refunds from the 2014 tax year (filed in 2015), refunds that total over $1 billion. The IRS is also reminding taxpayers that...
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No Employer 401(k)? Here’s What To Do
For some employees, simply opening a Roth IRA or another retirement account independent of your employer may be sufficient and necessary. But many employees should consider digging into the details of why your employer does not offer a retirement savings plan. And if...
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Will the New Tax Laws Affect Your Education Plans?
While it can be difficult to live debt-free in today’s world, many American adults attribute a majority of their debt to educational loans. In fact, recent statistics show that Americans owe approximately 1.48 trillion in student loan debt and about 44 million...
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IRS Warns of Continued Phone Scams During Tax Season
Although taxpayers should always be on the lookout for scammers and fraudulent activity, tax season is a time to be especially wary of unknown emails or phone calls. Aggressive phone scams where criminals call posed as IRS officials are extremely common and are a part...
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How the Tax Cuts and Jobs Act Could Affect Your Business
As of December 20, 2017, the new tax laws were officially signed into law, ushering in a variety of cuts and changes for individuals and businesses alike. While there has been much talk around how the new laws will impact individual taxpayers and families of all...
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Here’s How Your Paycheck Might Change Under the New Tax Laws
Beginning in 2018, the new tax laws are officially implemented, which could spell a shift in take home pay for many workers. And, if your employer has begun using the new withholding tables, you could see a change in pay this month. The Congressional Budget Office has...
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Smart Money Strategies for 2018 – Part 1
A new year is upon us, and many individuals use that as an opportunity to start fresh on aspects of their life: their workout routines, eating habits, social calendars and often times their finances. Studies have shown that financial resolutions may pay off more than...
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IRS Provides 2018 Updated Withholding Tables
With the passage of the new tax legislation last month, the IRS must take several steps to update withholding accuracy in accordance with the new laws. Their first major step consisted of updating the withholding tables for employers to follow, and those updates were...
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