Skip to content
Choose your language:
  • Español
white mka logo
header_1
header_3
header_3
header_3
header_2
header_1header_3header_3header_2header_2
☰×
  • ABOUT US
    • OUR STORY
    • PARTNERS
    • MANAGERS & DIRECTORS
    • PEER REVIEW
    • FIRM AWARDS & ACCOLADES
    • GALLERY
  • INDUSTRIES
    • REAL ESTATE & CONSTRUCTION
    • NON-PROFIT & GOVERNMENTAL
    • MEDICAL & DENTAL PRACTICES
    • EMPLOYEE BENEFIT PLANS
    • PROFESSIONAL SERVICES
    • PROFESSIONAL EMPLOYER ORGANIZATIONS
    • RESTAURANTS
    • MANUFACTURING
    • COMMON INTEREST
  • SERVICES
    • TAX PLANNING & COMPLIANCE
    • ASSURANCE
    • OUTSOURCED ACCOUNTING SERVICES
    • CONSULTING
    • OUTSOURCED IT SERVICES
  • COVID-19
  • CLIENT LOGIN
    • CLIENT PORTAL
    • MAKE A PAYMENT
  • BLOG
  • CAREERS
  • GET STARTED
header_1
header_3
header_3
header_2

Tag: individual tax

Game of Taxes: Tips That Will Help You!

Game of Taxes: Tips That Will Help You!

Posted on January 15, 2021February 19, 2021 by MKA

Winter is coming…and so is tax season. While Tax Season is not quite as scary as that last season of Game of Thrones, navigating your taxes alone can be pretty mind numbing. With frequent tax law changes, even more so now in this unprecedented year of 2020, the tax code can be very complicated. Be […]

Continue Reading
Blog #accounting #individual tax #taxes #taxtips
End Of The Year Planning Tips For You!

End Of The Year Planning Tips For You!

Posted on October 13, 2020February 19, 2021 by MKA

Here are some planning strategies that may lower your individual income tax bill for 2020. Take Advantage of Generous Standard Deduction Allowances. If your annual deductions will be close to your standard deduction, consider making additional expenditures to exceed your standard deduction. That will lower this year’s tax bill. Next year, you can claim the […]

Continue Reading
Blog #individual tax
Avoid Tax Traps in Loans to Friends and Family

Avoid Tax Traps in Loans to Friends and Family

Posted on June 27, 2019July 29, 2019 by MKA

Lending to friends and relatives is a tricky business, and not only because of the stress it can place on your relationships. There are tax issues involved as well. If you have to lend money to someone close, here are some tips to do it right in the eyes of the tax code. Charge Interest, […]

Continue Reading
Blog #individual tax
A Tip on Tip Reporting

A Tip on Tip Reporting

Posted on June 20, 2019February 11, 2021 by MKA

If you are like millions of taxpayers in the service industry, you may receive tips. The tax code is clear; if you receive tips you must report them as income. Some employers have systems to make this easy. Others do not. Here are some suggestions: Proper Tip Reporting Has Three Components (Think 1-2-3) Keeping a […]

Continue Reading
Blog #individual tax
Avoid the Gambling Winnings Tax Surprise

Avoid the Gambling Winnings Tax Surprise

Posted on June 18, 2019February 19, 2021 by MKA

With the increased popularity of lotteries and casinos, more unsuspecting winners are experiencing a lucky payday only to end up with a huge tax head-ache when filing their income taxes. Here is what you need to know: What Should Be Reported When it Comes to Gambling Wins? You are required to report as income any […]

Continue Reading
Blog #individual tax
Income the IRS Can’t Touch

Income the IRS Can’t Touch

Posted on March 6, 2019February 11, 2021 by MKA

Wouldn’t it be nice to have a source of nontaxable income? You may be more fortunate than you realize. Listed here are a number of income items that the IRS does not tax. Tax-Free Interest.  Municipal bond interest is federal tax-free. This includes bonds issued by a state or municipality. The tax-free benefit increases the […]

Continue Reading
Blog #individual tax
A Tax Deduction in your Hand… Literally.

A Tax Deduction in your Hand… Literally.

Posted on January 30, 2019February 11, 2021 by MKA

With the proliferation of cell phones, and the corresponding accessibility of you to your employer, most employees are receiving and making business calls on cell phones. So, how can you deduct your cell phone expenses on your tax return? Here are some ideas and tips: Expense Report If you are an employee and use your […]

Continue Reading
Blog #individual tax
white mka logo
Our team of business experts loves to help companies grow!
FacebookTwitterInstagramLinkedIn
SITEMAP
  • Home
  • About Us
  • Personnel
  • Industries
  • Services
  • RESOURCES
  • Blog
  • Client Login
CONTACT US
407.644.5811
501 S. New York Ave
Suite 100
Winter Park, FL 32789
561.848.9300
631 US Highway One
Suite 405
N. Palm Beach, FL 33408
305.445.7956
7900 NW 155 Street
Suite 201
Miami Lakes, FL 33016

© Copyright 2021, MKA. All Rights Reserved. Website design by Horizon Marketing Group.

  • Orlando Office
  • N. Palm Beach Office
  • Miami Lakes Office