by UMMC | Jun 16, 2023 | Tax Briefing and Tax Alerts
Updegrove, McDaniel, McMullen & Chiccehitto, PLC Billing and Collection Policy Updegrove, McDaniel, McMullen & Chiccehitto, PLC (UMMC) recognizes the value and importance of communicating its policies to our clients. We are committed to building relationships... by UMMC | Jun 7, 2023 | Tax and Financial News
Because people are living longer now than ever before, many individuals are serving as care providers for elderly loved ones (such as parents or spouses) who cannot live independently. Such individuals often have questions regarding the tax ramifications associated... by UMMC | Jun 7, 2023 | Tax and Financial News
The tax code provides two tax advantageous plans for taxpayers to pay medical expenses. One is a Flexible Spending Account (FSA) and the other is a Health Savings Account (HSA). The two are often misunderstood and their provisions are frequently mixed up by taxpayers... by UMMC | Jun 7, 2023 | Tax and Financial News
If it seems like more and more employees are turning to freelance work these days, you’re not imagining things. According to one recent study, there are currently 73.3 million freelancers in the United States alone. The fast-paced mobile era that we’re now... by UMMC | Feb 3, 2023 | Tax and Financial News
The type of business that you’re running has major implications in virtually all areas of your operations, especially when it comes to federal taxes. An S Corporation (or S Corp for short) is one that passes corporate income, losses, deductions, and credits to...