Matthews, Carter & Boyce

07/14/2026

According to The National Council of Nonprofits strong financial transparency is directly tied to organizational credibility and stakeholder trust. A reporting framework that monitors financial performance in real time, tracks fund usage across programs and supports strategic planning is not only more useful internally but also more compelling to funders assessing an organization’s capacity and accountability.

Incomplete or inaccurate grant reports can jeopardize future funding, making reporting one of the high-stakes administrative functions in nonprofit management.

Read more in our latest blog article:
https://mcb.cpa/how-stronger-reporting-makes-nonprofits-more-fundable/

Learn how effective reporting can enhance your nonprofit's performance and secure future funding with accurate data. MCB Accounting Firm.

07/09/2026

As a small-business owner, strong recordkeeping not only supports your tax filings and financial reports but also protects you in the event of an IRS review.

In our latest article, "What's the Deal with Business Records?" we break down some best practices related to:

• Understanding your gross receipts
• Tracking your purchases
• Documenting your expenses
• Keeping records for travel and similar costs
• Maintaining information about your assets
• Storing employment tax records

Check it out, and follow us for more small business planning tips:
https://mcb.cpa/business-records-for-accurate-financial-tracking/

Learn the importance of maintaining business records for clear transaction summaries and tax compliance. MCB Accounting Firm.

07/07/2026

It’s not too early to start planning for next tax filing season. Planning now can help avoid surprises next year. One action that can be taken is checking for proper tax withholding.

The IRS Tax Withholding Estimator is a free, easy-to-use tool that helps workers and retirees estimate the amount of federal income tax to withhold from their paychecks now for the taxes they will owe next year.

Learn more about this and other tax planning strategies and follow us for more tax tips throughout the year! https://mcb.cpa/tax-planning-tips-for-next-filing-season/

Get ahead with tax planning for the next season. Check your withholding and avoid surprises next year with smart strategies. MCB CPA Firm.

06/29/2026

Maryland Tax Connect, the online tax portal, will expand to serve individual taxpayers beginning September 1, 2026, marking the first system-wide modernization of Maryland’s tax infrastructure in more than 30 years.

Maryland Tax Connect is already in use by Maryland businesses. Beginning September 1, the portal will extend those same capabilities to individual filers.

Learn more: https://mcb.cpa/maryland-to-replace-30-year-old-tax-systems-with-modern-online-portal-september-1/

Maryland Tax Portal, a new tool for individual taxpayers to manage their tax filings and payments starting September 1, 2026. MCB CPA Firm.

06/25/2026

Tax deductions for businesses: how much do you know?

Depending on the type of business you run, you might be eligible for certain tax deductions that you never considered.

We've outlined twelve deduction opportunities you should be aware of before next tax season!
https://mcb.cpa/know-your-business-deductions/

As much as you might know about taxes, you may be missing out on key tax and business deductions. MCB CPA and Accounting Firm in Fairfax, VA.

06/23/2026

Thank you again to Nassim Ebrahimi, PhD for joining us at our June Women in Business event. Coach Nassim shared some fascinating insights on how we can train ourselves to stay calm, focused and confident, even under extreme pressure. Her tips, including using a "Confidence Equation", had our audience ready to perform at their best!

Check out our recap to learn more, and follow us for future programming. Thank you Coach Nassim!

https://lnkd.in/evpkY8Rx

06/18/2026

Estate Planning for Family Business Owners

It may seem unusual to consider estate planning as part of business strategy, yet a well-designed plan can significantly impact tax outcomes and long-term legacy.

A change in leadership is inevitable in a family business. However, when owners concentrate on business strategy, they often overlook how estate planning will affect what will occur when they are no longer present. Early decisions about structure, succession and taxes can determine whether the transition is smooth or chaotic.

Learn more:
https://mcb.cpa/estate-planning-for-family-business-owner/

06/16/2026

When should you hire an accountant?

If you think that hiring an experienced accountant is only for large businesses or for wealthy individuals, you may want to question your thinking. In the past, you may have found using income tax software met your needs. However, your financial situation may become more complex, requiring special tax considerations you are not aware of.

Here are situations you may typically find yourself in, when having a professional accountant by your side will be invaluable:

• Your finances may have become more complicated

• You are a small business owner

• You are buying or selling a home

• You are planning for your retirement

• You are planning for the next generation

Learn more: https://mcb.cpa/time-to-hire-an-accountant/

06/04/2026

Thank you to Virginia Living Magazine!

MCB is honored to have been chosen as the top CPA firm in the 15th annual Best of Virginia awards. Each year, readers are polled and asked to nominate their favorite businesses, events, and attractions across the state.

A quarter of a million votes were cast to honor winners with the title of Best in Virginia across 112 categories in each of the state’s 5 unique regions.

Best of Virginia highlights the dedication of businesses and their commitment to quality and community. According to the magazine: "Our curated list of voter-selected favorites truly showcases the seamless combination of tradition and deep-rooted history with the innovation and creativity of Virginia."

Thank you and congratulations to all the winners in every category!
https://virginialiving.com/where-to-find-us/?__hstc=206712588.af7174733f59b0895617f82137b26dc9.1780602363817.1780602363817.1780602363817.1&__hssc=206712588.2.1780602363818&__hsfp=cc3f87d9ce0d46e5a5d85f9e7981431c
Virginia Living Magazine

06/02/2026

Excited to share our firm’s recognition in Accounting Today’s “Regional Leaders” for 2026, the 6th consecutive year MCB has been named to this list of the Top 100 Accounting Firms across the country. MCB was selected for the Capital Region.

Congratulations to all the firms recognized this year!
https://lnkd.in/eE3SD5RZ