MKR CPA Blog
Explore our monthly updates featuring expert insights on accounting news, retirement tips, and industry-specific content for veterinarians, retail & distribution firms, small businesses, and construction companies.
Retirees Need to Know About These Major Updates to Medicare in 2025
Medicare is undergoing significant changes in 2025, impacting costs, prescription drug coverage, telehealth access, and caregiver support. Retirees should prepare for these updates to manage their healthcare expenses effectively. Below, we break down the key Medicare...
Retailers Shift from Layoffs to Optimization: How Efficiency Investments are Reshaping Retail in 2025
After a period of workforce reductions and aggressive cost-cutting measures, major retail companies are shifting toward optimization strategies—investing in technology, process improvements, and operational efficiencies that enhance productivity without sacrificing...
How Trump’s Tariffs Could Impact U.S. Consumers
The Trump administration’s tariffs on key trading partners, including Canada, Mexico, and China, could have far-reaching consequences for U.S. consumers. With a 25% tariff on Canadian and Mexican goods, a 10% tariff on Chinese imports, and a lower 10% tariff on...
Top Veterinary Medicine Trends to Watch in 2025 and Their Impact on the Industry
As veterinary medicine continues to evolve, 2025 promises to be a transformative year. Industry professionals face emerging legislation, possible new roles, energized investor interest, and shifting dynamics in the pet insurance market. Here are the top trends shaping...
Tax Season 2025: Filing Deadline and Other Due Dates to Know
Tax season 2025 is here, and staying on top of important deadlines is essential for avoiding late fees and penalties. Knowing key dates like the federal income tax filing deadline, quarterly estimated tax payment due dates, and extensions can help you stay organized...
Proven Strategies to Set Your Small Business Up for Success in 2025
Running a small business in 2025 presents both challenges and opportunities. To stay ahead of the competition, you must adopt a proactive approach to planning and execution. By focusing on the following strategies, you can set your business up for success this year...
How Construction Firms Can Break Through Progress Barriers for Growth and Greater Profits
For construction companies, growth and profitability often hinge on that company’s ability to overcome progress barriers. Whether it’s delays in project timelines, inefficiencies in communication, or outdated practices, construction firms need innovative solutions to...
How Trump’s Second Term Could Impact Your Taxes
After Donald Trump’s win in November, taxpayers are wondering how a second Trump term could reshape U.S. tax policy. Trump’s first term saw sweeping changes under the Tax Cuts and Jobs Act (TCJA) of 2017. With key provisions of that legislation set to expire in 2025,...
Proven Strategies to Help Small Businesses Looking to Grow
For small businesses, growth is both a challenge and an opportunity. To navigate this journey successfully, entrepreneurs should rely on practical strategies that ensure sustainable growth. Here are some proven approaches to help your small business thrive. Control...