Mariposa Virtual Tax Preparation and Bookkeeping

08/12/2026

Shout out to our neighbor Roby All Risk Insurance for helping me get the professional and liability insurance at a reasonable cost.

Roby All Risk has shopped auto, home, and business insurance across Flint and Burton for over 25 years — comparing carriers so you don't have to.

08/10/2026

Getting Ready for The 5-mile at the Crim🦋

08/10/2026

We are always virtual but for those that need a personal touch...
Mariposa Virtual Tax Preparation and Bookkeeping LLC
G-2503 Flushing Road
Flushing, MI 48504
📞810-547-6713 or Book at
www.MariposaTaxPrep.com

08/08/2026

07/01/2026

Accurate bookkeeping and timely accounting records provide the foundation for informed decisions throughout the year. When your books are current and reliable, it’s easier to manage cash flow, identify operational issues and jump on growth opportunities. Contact us at 810-670-8105 for help streamlining your financial reporting processes and reducing year-end surprises.

07/01/2026

Beginning July 4, 2026, parents, grandparents and others can contribute to Trump Accounts (TAs) for the benefit of eligible children. Certain children born 2025–2028 may also qualify for a $1,000 starter deposit from the federal government. TA contributions are generally limited to $5,000 per year (not counting the government deposit) and aren’t tax deductible. But earnings grow tax-deferred. At age 18, the TA will become a traditional IRA. For education goals, options like 529 plans may be better, because qualified education withdrawals are tax-free. Contact us at 810-670-8105 to discuss what fits your family.

06/30/2026

For small business owners, tax planning shouldn’t be a once-a-year chore. It affects nearly every business decision you make. From how you pay yourself to when you invest in equipment, the right moves can lower your tax bill … and the wrong ones can cost you. With major tax law changes taking effect in 2026, now’s the time to be proactive, not reactive. We can help you understand which strategies, deductions and credits matter most for your business. Call us at 810-670-8105 to learn how smart planning today can lead to long-term tax savings.

06/29/2026

Fringe benefits offer multiple business advantages. They can boost morale, attract and retain top talent, and qualify for potential tax breaks. That’s why it’s smart to review which ones you sponsor and what you may be missing. Of course, you don’t want to spend time and resources sponsoring benefits your employees don’t value. And you must follow specific rules and documentation requirements to be eligible for tax-advantaged treatment. Contact us at 810-670-8105 for help choosing the right fringe benefits for your business and managing the tax impact.

06/26/2026

Final regulations released by the IRS stipulate that partnerships no longer need to provide detailed gain and loss information to selling partners by January 31. This deadline had become a contentious issue. The tax code requires that any portion of a partnership’s sale proceeds attributable to the partner’s share of unrealized receivables and inventory items be reported as ordinary income. Other sale proceeds are generally taxed as capital gains. But partnerships complained that the reporting deadline was hard to meet. Now, partnerships can provide such information to partners according to their natural end-of-year tax compliance cycle, on or with Schedule K-1. Contact us at 810-670-8105 to discuss this and other tax filing requirements for partnerships.

06/24/2026

An IRS levy is a legal action that allows the agency to seize your property to pay a tax debt. This can include taking funds from your bank accounts, garnishing your wages or claiming other assets, such as your car or house, to cover your tax balance. Levies don’t happen without warning. They generally happen after multiple notices and missed deadlines. Additionally, the IRS must send you a Final Notice of Intent to Levy and give you the right to request a hearing. If you receive notice of a levy, don’t ignore it! Acting quickly may help you prevent or release a levy. We’re here to help. Call us at 810-670-8105.