A.K. Burton PC

10/26/2026

Did you know an HSA (Health Savings Account) is the only account with a triple tax break? 💰✨ If you're over 65, it's important to understand how to make the most of it. Check out this article for valuable insights on using your HSA after reaching 65!

Read more here: https://www.msn.com/en-us/money/other/an-hsa-is-the-only-account-with-a-triple-tax-break-here-s-how-to-use-it-after-65/ar-AA2fPug3?uxmode=ruby&ocid=edgntpruby&pc=SCOODB&cvid=6adf63ac06d74196a8d674c1395ec862&ei=21

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Quick ReadAn HSA skips tax at both ends, meaning contributions are deductible, growth compounds untaxed, and medical withdrawals are fully tax-free.A couple paying Part B premiums from an HSA instead of a traditional IRA saves roughly $1,373 a year in federal taxes.Crossing the $218,000 MAGI thresho...

10/23/2026

🍂 October Is the Time to Plan for Business Taxes!

As the fourth quarter gets underway, now is a smart time to review your business finances and prepare for tax season. Planning now can help you avoid last-minute stress and make informed decisions before year-end.

A.K. Burton, PC provides professional business tax preparation for corporations, S corporations, partnerships, LLCs, and small businesses.

✔️ Business tax return preparation
✔️ Federal, state, and local tax services
✔️ Year-end tax planning and guidance
✔️ Multi-state tax support

📊 Don’t wait until tax season to get organized! Let our experienced team help you prepare for year-end and plan with confidence.

📞 Call 301-365-1974 to schedule a consultation.

📍 Serving Bethesda, Rockville, and Montgomery County, Maryland.

👉 Learn more: https://cpa-maryland.com/services/tax-preparation/

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10/22/2026

In a recent divorce case, a man transferred $400,000 from his IRA to his ex-wife without any tax implications, penalties, or withdrawals on either of their tax returns. This is possible thanks to a specific provision in the tax code that allows for such transfers, which isn’t classified as a QDRO. 💼💔

Read more here: https://www.msn.com/en-us/lifestyle/other/in-the-divorce-he-signed-400-000-of-his-ira-over-to-her-no-tax-no-penalty-no-withdrawal-on-anyone-s-return-because-the-tax-code-has-a-line-for-exactly-this-and-it-isn-t-a-qdro/ar-AA2es1JI?uxmode=ruby&ocid=edgntpruby&pc=SCOODB&cvid=6ad6194a30164696991379c0506533f9&ei=89

Quick ReadA divorce decree lets spouses transfer any IRA amount tax-free under 26 U.S.C. § 408(d)(6), with no income tax or 10% early withdrawal penalty for either party.Withdrawing cash instead of doing a direct trustee-to-trustee transfer voids the exemption and triggers full income tax plus a po...

10/21/2026

Are you prepared for retirement? 🏖️ Don’t fall into the Retirement Tax Trap! Learn how to avoid unexpected tax burdens in your golden years. Discover strategies to safeguard your future today!

Check out this insightful article: https://www.msn.com/en-us/money/other/the-retirement-tax-trap-future-you-can-avoid-now/ar-AA2er7yJ?uxmode=ruby&ocid=edgntpruby&pc=SCOODB&cvid=6ad6194a30164696991379c0506533f9&ei=81

If you’re decades away from retirement, deciding which account to withdraw from first probably ranks somewhere below reading the fine […]

10/20/2026

If my husband dies without a will, what happens to his money and property under US law? 🏠💰 It's important to understand the implications of dying intestate (without a will) and how it can affect your financial future.

Check out this article for insights on what to expect in such situations: https://www.msn.com/en-us/lifestyle/other/if-my-husband-dies-without-a-will-what-happens-to-his-money-and-property-under-us-law/ar-AA2erTSa?uxmode=ruby&ocid=edgntpruby&pc=SCOODB&cvid=6ad6194a30164696991379c0506533f9&ei=72

When a husband passes away without a will, the fate of his money and property is determined not by his wishes, but by state law. The process can be surprisingly complex—and the outcome may not be what families expect

10/19/2026

When should you worry about an IRS notice — and when shouldn’t you? 🤔 It’s important to know how to handle these communications from the IRS. Check out this informative article to find out more!

👉 https://www.msn.com/en-us/money/other/when-you-should-worry-about-an-irs-notice-and-when-you-shouldn-t/ar-AA2euohE?uxmode=ruby&ctsrc=dgst&ocid=edgntpruby&pc=SCOODB&cvid=6ad6194a30164696991379c0506533f9&ei=16

Not every IRS notice signals serious trouble. Here’s how to tell what yours means, when to act quickly and when not to panic.

10/15/2026

Wondering how to dodge those tax spikes when you take lump-sum withdrawals from your 401(k)? 🏦💸 Check out this helpful article for tips on managing your withdrawals wisely!

Read more here: https://www.msn.com/en-us/news/insight/how-to-avoid-tax-spikes-on-lump-sum-401-k-withdrawals/gm-GM80905838?gemSnapshotKey=GM80905838-snapshot-0&uxmode=ruby&ocid=edgntpruby&pc=SCOODB&cvid=6acce5452474484cae4ad4f4c82e5521&ei=70

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Ordinary income taxation: Lump-sum 401(k) withdrawals are added to other earnings for the year, increasing taxable income and overall tax liability. Bracket creep risk: Adding a lump-sum withdrawal to existing income can push part of it into higher tax brackets, raising the effective tax rate. Tax-e...

10/14/2026

Tax experts are predicting the new IRS brackets for 2027! 📊💰

Stay informed and plan ahead. Check out the details here: https://www.msn.com/en-us/money/economy/tax-experts-project-new-2027-irs-brackets/ar-AA2dPGzR?uxmode=ruby&ctsrc=dgst&ocid=edgntpruby&pc=SCOODB&cvid=6acce5452474484cae4ad4f4c82e5521&ei=26

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IRS 2027 tax bracket projections: What experts say will change - The Internal Revenue Service can’t ignore a big jump in inflation this year

10/14/2026

🍂 October Is the Time to Get a Head Start on Tax Preparation! 📊

Fall is here, and before the holiday season fills your calendar, take time to organize your tax documents and financial records. October is a great time to review your tax situation, plan, and avoid the last-minute rush when tax season arrives!

At A.K. Burton, PC, we offer professional tax preparation and advisory services for individuals, families, and businesses. Whether you need assistance with personal income taxes, business tax returns, multi-state filings, or more complex tax matters, our team is here to help you get ready for the upcoming filing season.

✅ Individual and business tax preparation
✅ Tax planning for self-employed individuals and businesses
✅ Prior-year tax returns
✅ Guidance for complex tax situations

📞 Call A.K. Burton, PC today at (301) 365-1974 to schedule your tax preparation appointment. Get your tax documents organized now and be prepared before the busy season hits!

📍 Serving Bethesda, Rockville, and Montgomery County, Maryland.

10/13/2026

Do Roth IRA gains get taxed? 🤔 Get the facts and stay informed!

Check out this article for more details: https://www.msn.com/en-us/money/other/do-roth-ira-gains-get-taxed/ar-AA1Un14O?uxmode=ruby&ctsrc=dgst&ocid=edgntpruby&pc=SCOODB&cvid=6acce5452474484cae4ad4f4c82e5521&ei=8

How Roth IRA gains are taxed depends on when and why you withdraw the money. You can typically withdraw growth inside a Roth IRA completely tax-free if you meet certain IRS rules. However, early withdrawals or non-qualified distributions may trigger income tax and even penalties. It can be extremely...