Monument Financial Services

09/03/2026

Happy early Labor Day Weekend! We celebrate the hard work that keeps our businesses and communities moving. We hope you enjoy a relaxing weekend with family and friends!

Please note: our office will be closed from Friday, September 4th through Monday, September 7th, and will reopen on Tuesday, September 8th, from 9AM-5PM.

Have a safe and happy Labor Day!

08/26/2026

Several kinds of major life events can affect an individual taxpayer's filing requirements, tax benefits, and withholding. The major life events the IRS considers include marriage, welcoming a new child, divorce, or the loss of a loved one- all of which can impact your tax situation.

After any major life event, taxpayers should review their withholding, update their personal information, and keep important records.

Questions? Contact us about how these changes may affect your taxes so we can help prepare you for the next filing season.

08/18/2026

Working overtime this summer? It could pay off at tax time next year.

Thanks to the Working Families Tax Cuts (effective 2025-2028), you may be able to deduct up to $12,500 of qualified overtime pay ($25,000 if you're married filing jointly) on your federal return. Hold on to your last pay stub showing your qualified overtime work and include when dropping off your taxes. Our tax professionals will need it to verify to make sure you qualify for the deduction.

Learn more:

Working Families Tax Cuts impacting individuals and workers.

08/13/2026

It’s not tax time, but that doesn’t mean it’s the end of tax support! Planning ahead can make a significant difference in your taxes in the future. If you ever have any questions about how a scenario can affect your taxes for next year, feel free to reach out - we’re here to help!

07/15/2026

It's National Give Something Away Day! 🎉 Today is a great reminder that generosity can also provide tax benefits.
Charitable donations may be tax deductible, but only if you itemize your deductions instead of taking the standard deduction.

07/15/2026

We currently have a limited number of openings for businesses looking for ongoing monthly bookkeeping support. We also offer tax planning and strategic tax guidance to help you stay ahead throughout the year. If you'd like to learn more about our services, or if you know a business that could benefit, we'd be happy to discuss whether we're the right fit for your needs. Contact us at 989-362-5177 or [email protected].

07/08/2026

Bookkeeping reminder! The second quarter of 2026 has officially wrapped up. If you're one of our quarterly bookkeeping clients, it's time to submit your Q2 (April, May, and June) documents. Monthly clients, please send June’s documents over. Keeping everything on schedule helps to keep your financial records stay accurate, organized, and ready when tax season arrives.

07/07/2026

Please note that there is a one-lane closure on M-55 in front of our office that starts today, July 7th due to construction. This work will require shoulder closures and single-lane closures with alternating traffic controlled by traffic regulators. The estimated end date is projected to be September 4th, 2026.
More info here: https://www.michigan.gov/mdot/news-outreach/pressreleases/2026/06/25/m-55-repaving-center-left-turn-lane-extension-in-iosco-county-starts-july-7?fbclid=IwY2xjawS5865leHRuA2FlbQIxMABicmlkETE2SFpFTGU0Ulp5bDR5UUV3c3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHv6gLn_c9SKtx8_foqqyr7TCFOHA_gISv-U8DFN5WSV4m_8uSOST_MfcKdHM_aem_M_5rDPkKj37UFTRJjtq7qA

The Michigan Department of Transportation (MDOT) will invest $621,269 to extend the center left-turn lane on M-55 from Wilber Road to the Tawas River in Tawas City.

07/06/2026

Our office will be closed until 12pm today, 7/6/26.

06/25/2026

Happy National Work From Home Day! If you're self-employed and use part of your home regularly and exclusively for business, you may qualify for the home office deduction. This deduction can help reduce both your income tax and self-employment tax.

Keep in mind, this deduction is NOT available to W-2 employees working remotely.

Not sure if you qualify? Be sure to ask us during your next tax planning meeting or when it's time to file your return. We'd be happy to help determine if you're eligible!