2025 individual quarterly estimated Federal tax payments are due June 16, 2025, September 15, 2025, and January 15, 2026 for the remainder of the tax year. The extended business tax deadline is September 15, 2025 and the extended individual tax deadline is October 15, 2025. In order to meet these deadlines, UMMC must receive all […]
The Fairness Act and Lump-Sum Social Security Payouts
This January, the Social Security Fairness Act (SSFA) was signed into law, repealing the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). These repealed provisions had previously reduced Social Security benefits for some public-sector…
Starting a new business venture? Let’s find the best entity for you!
Choosing the right business entity is a critical decision for entrepreneurs and business owners. The type of entity you select can have significant implications for liability, taxation, and the overall management of your business. In this article, we will explore the…
Making the Most of Your Small Business Tax Deductions
We’ve seen firsthand how optimizing your tax deductions can create real, measurable benefits for your business. With inflation driving up expenses and economic uncertainty still lingering, small business owners need every strategic advantage they can get. That…
Retiring Soon? Don’t Make These Common Mistakes!
You did it, you worked hard, saved consistently, and now you’re either enjoying retirement—or it’s just around the corner. You’ve been told for years to put money into retirement accounts, defer taxes, and wait for the golden years. But wait… no one told you?…
The IRS is Transitioning to Digital Payments, here is what it means for you!
The transformation towards an entirely electronic payment system by the Federal Government represents a significant shift aimed at increasing efficiency and security while reducing costs. This initiative, mandated by a recent…