Miller Verchota, Inc. - Colorado Springs

07/20/2026

🚨 Consider this your IRS push notification.

The standard mileage rate just got an upgrade due to rising fuel costs!

Effective July 1, 2026:
🚗 Business: 76¢ per mile (up from 72.5¢)
🏥 Medical & Moving: 23.5¢ per mile (up from 20.5¢)
❤️ Charitable: 14¢ per mile (unchanged)

If you use your personal vehicle for business, be sure to update your mileage tracking and reimbursement rates to reflect the new IRS guidance.

Questions about mileage deductions? The team at Miller Verchota is here to help!

Read the official IRS announcement: https://www.irs.gov/irb/2026-29_irb?utm_source=chatgpt.com -2026-11

06/30/2026

💡 Tax Tip Tuesday

The end of June marks the end of the 2nd quarter, making it the perfect time to review your finances before the year gets away from you.

✅ Reconcile your bank accounts
✅ Review your profit & loss statement
✅ Make sure you've collected W-9s from new contractors
✅ Set aside funds for upcoming tax payments if you're self-employed

A quick mid-year check-in now can save you time, money, and stress later.

Need help getting your books back on track? Contact us today!

06/17/2026

Mid-year checklist for business owners:

☑️ Hired a contractor
☑️ Paid a contractor
⬜ Collected their W-9
⬜ Contact Miller Verchota, Inc.

If that third box isn't checked yet, now is the time. Don't wait until January when you're preparing 1099s and tracking down contractor information.

And if you're unsure which contractors need a W-9, what records to keep, or how 1099 reporting works, checking that fourth box might save you a headache later. 😉

06/01/2026

Happy June 1st!

Fun tax fact: We're now closer to next tax season than we are to last tax season. 😅

Before you panic, take a deep breath. June is actually the perfect time to:
✅ Catch up on bookkeeping
✅ Review your business finances
✅ Start tax planning before year-end

A little attention now can save a lot of stress later.

Your future self called—they'd really appreciate it.

05/05/2026

💰 Colorado Springs — don’t miss this refund opportunity

The IRS may owe refunds on certain penalties and interest from COVID years (2020–2023).

⏳ Deadline to claim: July 10, 2026 — and it’s not automatic.

If you paid penalties during those years, it’s worth a quick review.

🧾 Don’t leave money on the table.

Millions of Americans may be owed an IRS refund from the COVID-19 era due to a court ruling. The deadline to claim is July 10, 2026.

05/04/2026

📊 Less stress. Better numbers. More time back.

If your bookkeeping is falling behind, payroll feels like a hassle, or taxes are always a last-minute scramble—you’re not alone.

Off-season is actually the best time to get things cleaned up and set up right before things get busy again.

✔️ Bookkeeping cleanup & ongoing support
✔️ Reliable payroll services
✔️ Tax planning & preparation

Let’s get everything organized now so you’re not playing catch-up later.

📩 Message us to get started or learn more.

04/15/2026

We made it 🙌

Another tax season in the books—late nights, endless coffee, and a whole lot of teamwork. Huge thanks to our clients and all the new people we had the opportunity to meet this season. We truly appreciate your trust.

We look forward to continuing to support and serve our Colorado Springs community all year long!