M&V Tax Pros

You still have 6 months to reduce what you owe in April.

Here’s where to start:
→ Maximize retirement contributions — SEP IRA, Solo 401k, or SIMPLE IRA
→ Review and accelerate deductible expenses before December
→ Evaluate whether an S Corp election makes sense for your income
→ Track all business mileage and receipts consistently
→ Schedule a mid-year tax planning session now — not in January

The decisions you make in the next 6 months determine your April bill.
📞 CALL US TODAY: 718-313-0499

New York business owners 🗣️This one is for you!

Your quarterly sales tax return is due June 20, 2026.

If you collect sales tax from customers in New York State this deadline applies to you. Missing it means penalties and interest applied immediately by the NYS Tax Department.

File on time. Pay what’s owed. Stay compliant.
📞 CALL US TODAY: 718-313-0499

Today is the deadline.
If you haven’t submitted your Q2 estimated tax payment yet; do it today.

IRS Direct Pay is available online. Late payments trigger penalties and interest starting immediately.

Your next deadline is September 15. Mark it now so it doesn’t catch you off guard.

📞 CALL US TODAY: 718-313-0499

Missing a quarterly tax payment doesn’t go unnoticed.

The IRS applies penalties immediately. Interest compounds daily. And the longer you wait the more expensive it becomes.

Late is always better than never.

But on time is always better than late.

📞 CALL US TODAY: 718-313-0499

We’re halfway through the year.

Here’s a quick check on where your finances should be right now:

→ Business and personal finances fully separated
→ Business expenses being tracked consistently
→ Q1 and Q2 estimated tax payments made
→ You know approximately what you owe this year
→ Your business structure has been reviewed recently

How many of these can you confidently check off?

💡 Save this as your mid-year financial audit

📞 CALL US TODAY: 718-313-0499

If you filed in April ask your accountant this one question:
"What can I do differently this year to owe less next year?"

If they don't have a clear answer - you may need a new accountant.

Filing records the past. Planning shapes what's next.

📞 CALL US TODAY: 718-313-0499

These mistakes are common. They're also expensive.

→ Mixing personal and business finances
→Not tracking mileage and receipts throughout the year
→ Missing quarterly estimated tax deadlines
→ Misclassifying employees as contractors
→ Waiting until April to think about taxes

None of these are complicated to fix. But ignoring them adds up fast.
Save this and audit your own habits.

📞 CALL US TODAY: 718-313-0499