MD Consulting & Accounting

MD Consulting & Accounting Helping small businesses and individuals take control of their books, have optimum taxes and be worr

Grow Your Business, Leave the Numbers to Us!" 🌟We understand that as an entrepreneur, your time is precious. Let our exp...
04/01/2024

Grow Your Business, Leave the Numbers to Us!" 🌟

We understand that as an entrepreneur, your time is precious. Let our expert accounting solutions handle the numbers while you drive your business forward.

Tailored Accounting for Entrepreneurs:

🚀Streamlined bookkeeping
🚀Precise financial reports
🚀Tax strategies that work for you

Our dedicated team ensures your finances are in order, so you can concentrate on what truly matters – growing your business.

Get started today! Contact us at

☎️(614)3920373
📩Mdconsultingaccounting.com

Did you know you can deduct medical expenses exceeding 7.5% of your Adjusted Gross Income (AGI)?With a little planning, ...
03/29/2024

Did you know you can deduct medical expenses exceeding 7.5% of your Adjusted Gross Income (AGI)?

With a little planning, you can maximize your deduction and save on taxes!

How? Bunching your medical expenses!

Here's how it works:

✔️You have a surgery planned with out-of-pocket costs, but it doesn't quite reach the deductible threshold.
✔️Bunch! Schedule elective procedures like dental work or LASIK surgery in the same year.
✔️Make qualified purchases like eyeglasses, prescriptions, and medical supplies.

💬Remember:

Only expenses exceeding 7.5% of your AGI are deductible.

Expenses can't be covered by insurance or paid from a tax-advantaged account.

Contact us to help you plan your tax-saving strategy!

Time is Ticking! ⏰⏳ Only 22 DAYS left to file your taxesOur tax experts can help you:✔️Maximize your tax relief.✔️Avoid ...
03/27/2024

Time is Ticking! ⏰

⏳ Only 22 DAYS left to file your taxes

Our tax experts can help you:

✔️Maximize your tax relief.
✔️Avoid errors and penalties.
✔️File your tax return securely and accurately.

Don't wait until the last minute!

Contac us

Support your community and get benefits!Did you know that you can get a tax credit for hiring people from groups that ha...
03/25/2024

Support your community and get benefits!

Did you know that you can get a tax credit for hiring people from groups that have historically faced significant barriers to employment?

The Work Opportunity Tax Credit (WOTC) offers you:

✔️Rewards for your social commitment: Receive up to $9,600 for each employee you hire from a targeted group.

✔️Opportunities for everyone: Give a helping hand to those who need it most.

✔️Benefits for your business: Strengthen your team with diverse talent and reduce your tax burden.

Want to know more?

Contact us! We will help you determine if your business is eligible and guide you through the application process.

Here are the requirements you need to have on hand when filing your taxes.💾Save it so you don't forget any.If you have a...
03/22/2024

Here are the requirements you need to have on hand when filing your taxes.

💾Save it so you don't forget any.

If you have any questions, you know you can contact us (📱 link in bio).

📢It is important to renew your ITIN before the expiration date listed on your ITIN card.In general, you should renew you...
03/20/2024

📢It is important to renew your ITIN before the expiration date listed on your ITIN card.

In general, you should renew your ITIN before the expiration date if:

👉You have not filed a U.S. federal tax return in the last 3 years.
👉You have not been a dependent of someone who has filed a U.S. federal tax return in the last 3 years.
👉Your name or legal address has changed.

Do it on time to avoid problems when filing your taxes or claiming tax benefits.

Need help?

📱Contact us!

Tax planning is an essential tool for anyone who wants to optimize their financial situation and comply with their tax o...
03/18/2024

Tax planning is an essential tool for anyone who wants to optimize their financial situation and comply with their tax obligations efficiently.📝

💰Save money:

✔️It allows you to take advantage of available tax deductions and credits to reduce your tax burden.
✔️It helps you avoid penalties and interest for late payments.
✔️It allows you to optimize your cash flow management and set aside money for tax payments.

🧾Tax compliance:

✔️It helps you avoid errors in your tax return and problems with the tax authorities.
✔️It allows you to comply with your tax obligations in a transparent and responsible manner.
✔️It gives you the peace of mind of knowing that you are in compliance with tax laws.

If you are not sure how to start your tax planning, contact us.

We can help you develop a personalized strategy tailored to your needs and goals.

The Beneficial Ownership Information (BOI) Report is required for most business entities registered or formed in the Uni...
03/15/2024

The Beneficial Ownership Information (BOI) Report is required for most business entities registered or formed in the United States.

This includes, but is not limited to:

✔️Corporations
✔️Limited liability companies (LLCs)
✔️Partnerships
✔️Business trusts
✔️Certain non-business entities, such as private foundations

It is important to note that businesses that fail to file a BOI Report on time may be subject to fines and other penalties.

Do you have any further questions about the BOI Report? Do not hesitate to contact us.

We are here to help!🤝

An Employer Identification Number (EIN) is a unique nine-digit number assigned by the Internal Revenue Service (IRS) to ...
03/13/2024

An Employer Identification Number (EIN) is a unique nine-digit number assigned by the Internal Revenue Service (IRS) to businesses operating in the United States.

You need an EIN if you:

✔️Have employees
✔️File certain tax returns
✔️Open a business bank account
✔️Apply for a business loan
✔️Form a corporation or partnership

Need help getting your EIN?

Skip the hassle! We'll guide you through the process.

Contact us!

Stop overpaying on taxes! Did you know there are ways to lower your tax burden?✔️Maximize deductions & credits:Medical e...
03/11/2024

Stop overpaying on taxes!

Did you know there are ways to lower your tax burden?

✔️Maximize deductions & credits:

Medical expenses: Deduct what your insurance doesn't cover.
Child tax credit: Get a benefit for each dependent child.
Mortgage interest: Deduct the interest you pay on your home.
Retirement plans: Deduct contributions to accounts like 401(k) or IRA.
Plan your tax year:

✔️Defer income: Delay paying taxes on some income.

Accelerate deductions: Use them in a year with a higher tax rate.
Invest in tax-advantaged assets: Enjoy benefits like municipal bonds or tax-exempt funds.

✔️Get professional help! An expert can:

👉Develop a personalized tax strategy.
👉Prepare your tax return.
👉Ensure compliance with tax laws.
👉Keep more of your hard-earned money!

Tax season is here! 📂📊 Make sure you have these essential documents ready for a smooth and accurate tax filing:1️⃣ W-2 F...
03/07/2024

Tax season is here! 📂📊 Make sure you have these essential documents ready for a smooth and accurate tax filing:

1️⃣ W-2 Form
2️⃣ 1099 Form
3️⃣ Bank statements
4️⃣ Deductible receipts and invoices
5️⃣ Medical expense information
6️⃣ Property or investment documents

Get your records in order and file with confidence! 💪💼

Attention LLC owners! The March 15th tax deadline is approaching. Don't procrastinate - file your return on time to avoi...
03/06/2024

Attention LLC owners! The March 15th tax deadline is approaching.

Don't procrastinate - file your return on time to avoid penalties and interest.

Address

5677 Emporium Square
Columbus, OH
43231

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 5pm

Telephone

+16143920373

Website

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