M & M Bookkeeping, Tax, and Business Services

07/16/2026

The SECURE 2.0 Act made major changes to rules for required minimum distributions (RMDs) — are you up to speed?

The SECURE 2.0 Act made major changes to rules for required minimum distributions (RMDs) — are you up to speed?

07/14/2026

Graduating in 2026? Here are 5 money moves to make right now .

New college graduates face an economy in which consumer sentiment is near record lows, but they still have ways to get on solid financial footing.

07/12/2026

Two tax deadlines are approaching on July 31st. Make sure these items are completed by then if they are applicable.

07/11/2026

Own a vacation rental and want to know about tax implementations? Here is a scenario article providing some guidance. Give us a call or drop us a line if you need additional support on this topic.

Generally, you can claim tax deductions for this second home within generous limits if you itemize on your tax return.

07/08/2026

Received a 1099 from a lawsuit settlement? This is how it should be addressed.

If you receive a Form 1099 that you do not report, you’re almost guaranteed an IRS notice. If the form is in error, you can explain it on your tax return.

07/06/2026

Still haven't filed for your COVID related refunds? The deadline to file is July 10th. Give us a call or drop us a line if you need help in completing this task.

Eligibility and claiming potential COVID-era IRS tax refunds can be complex and stressful with the July 10 deadline only weeks away. How to get help.

07/04/2026

Happy 4th of July everyone! Let us celebrate this great country, the blessing of freedom, and the privileges that come with it.

07/02/2026

More homeowners are owing capital gains taxes when they sell. Here is a good breakdown as why it is occurring more frequently.

No one talked about capital gains taxes on home sales for decades. Now, suddenly, it's a topic of debate during housing shortage.

06/30/2026

Curious about last year's overall US tax profile? The IRS just released its Year in Review book.

The IRS has released its 2025 Data Book, which provides the latest stats on revenue collected, refunds, taxpayer services, audits and compliance, and the agency's budget and workforce.

06/28/2026

Work in the service industry and receive tips? Do not forget to report June tip income, $20 or more, to employers (Form 4070) by July 10th.