M & M Bookkeeping, Tax, and Business Services

06/16/2026

What’s the Average Social Security Benefit at Every Age?

The most current data from the Social Security Administration shows the average retirement benefit is $2,079 a month. That varies greatly, however, based on when you start drawing benefits.

06/14/2026

Own a HSA? If you are eligible contribution limits are $4,400 for self-only coverage and $8,750 for family coverage for 2026. That's up from $4,300 for self-only coverage and $8,550 for family coverage in 2025.

06/12/2026

The IRS has increased the health savings account limits for 2027. Here's what you need to know.

The IRS has increased the health savings account limits for 2027. Here's what you need to know.

06/10/2026

How to Amend a Tax Return | Forms, Deadlines, & What to Expect - Drops us a line or give us a call for assistance on amending a tax return.

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06/08/2026

To help investors get ahead, the founder of a crypto tax platform urges users to take proactive steps this year to avoid hefty IRS penalties next year. Drop us a line or give us a call to help you navigate for next year.

To help investors get ahead, the founder of a crypto tax platform urges users to take proactive steps this year to avoid hefty IRS penalties next year.

06/07/2026

Work in the service industry with tipped income? Individuals: Report May tip income of $20 or more to employers (Form 4070).

06/06/2026

Do you make quarterly tax payments? Second quarter payments will be due soon. Need help? Give us a call or drop us a line.

06/04/2026

Did you know you can check your Virginia refund status? Check your refund status here: https://www.tax.virginia.gov/wheres-my-refund

06/02/2026

School is officially out and that means summer day camps are officially in. DId you know that these camps qualify for dependent care tax credits?

The credit isn’t limited to just day care centers and other traditional childcare services.

06/01/2026

Looking for tax tips for 2026? You can contribute $7,500 to an IRA for tax year 2026, an increase of $500 from tax year 2025. And if you're over 50, you can contribute an additional $1,100 per individual.