M & M Tax & Accounting Service LLC

08/04/2026

Thank you to all who shared our open positions. We are excited to share both roles been filled. Stay tuned for an M & M team introduction soon! :)

07/16/2026

Optional Standard Mileage Rates
Announcement 2026-11
This announcement informs taxpayers that the Internal Revenue Service is modifying Notice 2026-10, 2026-4 I.R.B. 378, by revising the optional standard mileage rates for computing the deductible costs of operating an automobile for business, medical, or moving expense purposes and for determining the reimbursed amount of these expenses that is deemed substantiated. This modification results from recent increases in the price of fuel.

The revised standard mileage rates are:

(1) Business 76 cents per mile

(2) Medical and moving 23.5 cents per mile

The mileage rate that applies to the deduction for charitable contributions is fixed under § 170(i) of the Internal Revenue Code at 14 cents per mile.

The revised standard mileage rates set forth in this announcement apply to deductible transportation expenses paid or incurred for business, medical, or moving expense purposes on or after July 1, 2026, and to mileage allowances that are paid both (1) to an employee on or after July 1, 2026, and (2) for transportation expenses paid or incurred by the employee on or after July 1, 2026.

The standard mileage rates set forth in Notice 2026-10 continue to apply to deductible transportation expenses paid or incurred for business, medical, or moving expense purposes before July 1, 2026, and to mileage allowances paid (1) to an employee before July 1, 2026, or (2) with respect to transportation expenses paid or incurred by the employee before July 1, 2026.

All other provisions of Notice 2026-10 remain in effect.

07/16/2026

The IRS has increased the business mileage rate as of 7/1/2026 to $.76 per mile.

07/14/2026

ATTENTION ACCOUNTANTS!! If you're looking for a change of pace, this might be it!

We'd be VERY grateful if you could help share this post with anyone you know. Please call our office or email Jacquie to the email listed below for any questions.

Thank you!
- The M & M Tax Team

07/14/2026

We're hiring!!

If you could share this post, we'd be very grateful. For any questions please call our office or email Jacquie to the email listed below!

Thank you!
- The M & M Team

07/02/2026

05/21/2026

Our off season hours will resume on Tuesday May 26th, 2026. We hope you all have a great Memorial Day weekend!

04/21/2026

🌷Happy Spring!!🌷 We will begin our off season hours Friday April 24th, 2026.

04/16/2026

We will be closed 4/17/26 at 1:30 PM, thank you!