Blogs – 2018 Relevant Information

Donna M. Baker Obtains Professional Designation

Donna M. Baker Obtains Professional Designation

Join us in congratulating Donna Baker. The CPA Firm Management Association has awarded her the certification of Public Accounting Firm Manager (PAFM) MMNT’s Firm Administrator, Donna M. Baker, has been awarded the Association-designation Public Accounting Firm Manager...

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IRS increases mileage rate for remainder of 2022

IRS increases mileage rate for remainder of 2022

The Internal Revenue Service today announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain...

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Why Tax Season is Different for Parents This Year

Why Tax Season is Different for Parents This Year

​Tax season is officially underway: Monday marks the first day that the Internal Revenue Service (IRS) is accepting and processing tax returns. Parents or guardians filing their taxes will have to fill out different paperwork this year. The IRS will be sending Letter...

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Be on the lookout for these letters from the IRS!

Be on the lookout for these letters from the IRS!

The IRS will be sending out two letters to taxpayers this January:  Letter 6419- Advance Child Tax Credit Payments   Letter 6475- Economic Impact (Stimulus) Payment  If you receive either of these letters, it is important that you save them with your tax documents for...

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Get Right CT! CT Amnesty Program

Get Right CT! CT Amnesty Program

If you are one of the many individuals or businesses that has an outstanding tax debt owed to the state, you have until January 31, 2022, to pay your debt with 75% reduced interest, zero penalties, and no criminal prosecution! This program is open to all taxpayers for...

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Delayed Refunds from IRS

Delayed Refunds from IRS

​The pandemic has been difficult for everyone, including the IRS. In June 2021, after most individual tax returns had been filed, the IRS had around 35 million unprocessed tax returns. The most recent update from the IRS discloses they have processed all returns...

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This blog could become outdated due to tax law updates.

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