MM Johnson CPA

05/10/2026

Happy Mother's Day to all the boss moms! Rest and recharge today - you deserve it!

05/01/2026

Tax season may not be as busy right now, but it's never over. Let our firm help you prepare for next year. Meet with us today to plan ahead for your taxes. Schedule your consultation on our website at MMJohnsonCPA.com

03/06/2026

This is your official notice to get your affairs in order!

You have 10 days to file your S-Corporation and Partnership Returns or to file an extension request.

Business Returns or extensions must be filed by March 16, 2026 since the 15th falls on a Sunday this year.

Book your appointment today at http://MMJohnsonCPA.com to beat the deadline!

12/25/2025

From our family to yours, we hope your holiday is filled with cheer.

May your season be bright and your hearts be warmed.

10/31/2025

The last quarter doesn’t have to be spooky!

But it will be if you don’t add tax planning to your to-do list!

Whether you are a small business owner or an employee, you have a never-ending to-do list. As daunting as your to-do list may be, not preparing for your tax liability can be even scarier when it’s time to file next year.

Face your fear of taxes and schedule your appointment to discuss your finances with us today. Closeout the year with confidence and let MM Johnson CPA help you check this off your list.

07/07/2025

Federal Tax Updates and Mid-Year Reviews

What This Means for Taxpayers

On our country’s Independence Day, President Trump signed H.R.1, referred to as “The Big Beautiful Bill.” There were a number of revisions to the Internal Revenue Code that impact individual taxpayers and business owners.

Check out some of the changes below:


PROS
✅️ Certain permanent tax relief provisions of the 2017 Tax Cuts and Jobs Act

✅️ Increased State and Local Tax (SALT) itemized deductions

✅️ Additional deductions for tips and overtime income

✅️ Reinstatement of 100% bonus depreciation on qualified property used in business

✅️ Increased reporting threshold for PayPal, Venmo and other third-party payment networks commonly used by gig workers

CONS
❌️ Permanent termination of certain miscellaneous itemized deductions

❌️ Termination of energy credits for homes and vehicles

❌️ Permanent cap on excess business losses

❌️ Eliminate eligibility of various tax credits for ITIN holders

❌️ Sunset of IRS Direct E-file free tax filing program


Plan ahead for next year’s tax season. Schedule your consultation today at MMJohnsonCPA.com

On our country’s Independence Day, President Trump signed H.R.1, referred to as “The Big Beautiful Bill.” There were a number of revisions to the Internal Revenue Code that impact individual taxpayers and business owners.

06/06/2025

Spent the day in Jacksonville with a client to complete their mid-year financial review and discuss tax planning. Income fluctuates from year-to-year and throughout the year so we have to check in routinely to balance tax-saving strategies with cash flow management. Some strategies that came out of today's meeting included:

📍Qualified Opportunity Funds
📍Capital Acquisitions and Improvements
📍Asset Purchases Subject to Section 179 Deduction
📍Restrictive Executive Bonus Agreements

I have meetings setup with my clients through the end of the month to discuss tax planning. We plan ahead so you're not behind in your financial obligations.

Are you on the calendar? 🗓

If not, schedule your appointment today at MMJohnsonCPA.com. We look forward to working with you.

05/16/2025

I make it my business to stay informed in order to help your business!

01/11/2025

Happy New Year!

The IRS has announced the start of this year's filing season on January 27, 2025. MM Johnson CPA is accepting new clients for business and individual income taxes. Please schedule your consultation today if you are interested in our firm providing services for your tax needs.

We look forward to working with you!

01/06/2025

Running a business has various tax advantages. One of those advantages is hiring your children tax-free.

Sole proprietorships and Partnerships can hire their children up to the age of 17 and pay them an annual salary of standard deduction for single individuals without having to pay F**A (Social security and Medicare) taxes or FUTA (federal unemployment tax). Children between the ages of 18 and 20 can be paid an annual salary of the standard deduction for single individuals without incurring FUTA taxes. Children must have bona fide jobs in your company in order for the deduction to meet eligibility with the IRS.

Here's a pic of my new accounting clerk. She looks so thrilled to be in her new position lol!