Milan Accounting, LLC

Part of securing your family’s financial future is estate planning. As a married couple, this step not only manages your assets, but also ensures that your loved one are properly taken care of reflecting your shared financial goals. Remember it is a collective effort that involved thoughtful consideration of future aspirations. https://bit.ly/3Vh0nto

Are YOU ready to take control of your finances? Our expert accountants are here to help you navigate tax season, manage your business’ books, and ensure you’re on the path to financial success! Contact us today for accounting services tailored to your specific needs. Call us at (305) 772-5700 and let us handle the numbers while you focus on growing your business.

Did you know that contributing to a retirement account can benefit you now and in the future? Start saving early to build a comfortable retirement fund – let us help you navigate your options and get the most out of your contributions! (305) 772-5700

Messy books can disrupt a business's growth and success. With our expertise, we can help clean up your books, create a reliable recordkeeping system, and set up checks and balances. That way you can focus on what really matters - running your business! Give us a call at (305) 772-5700 to set up your first appointment with us today.

In business, debt is a necessary part of the process. It can actually help you to grow and provide capital to seize new opportunities. However, it’s important to remember that not all debt is good. https://bit.ly/4edvKL2

Under federal tax law, you can give a certain amount of money or assets annually without incurring gift tax. The 2025 annual gift tax exclusion is $19,000 (up from $18,000 in 2024). This means you can give up to that amount to as many people as you like tax-free. You must report gifts beyond the exclusion to the IRS on Form 706, but these gifts might still be tax-free under your lifetime gift and estate tax exemption - which is $13.99 million for 2025. Have questions? Contact us at (305) 772-5700.

Did you know the 2025 contribution limit for employees who participate in 401(k), 403(b), governmental 457 plans, and the federal government’s Thrift Savings Plan is $23,500? That’s up from $23,000 for 2024. The limit on annual contributions to an IRA remains $7,000. (Those age 50 or older can make additional catch-up contributions.) Questions about what else has changed this year? Contact us at (305) 772-5700.

Yep, it's true. While standard deductions may provide welcome tax breaks, there are a few scenarios where you may not be qualified to take it. Some examples include: if you are married filing separately and your partner chooses to itemize and then you must also itemize; you are filing a return as a trust, estate, or partnership; your returns cover a period less than a year due to accounting changes; or you are considered a ‘nonresident alien’ or ‘dual-status alien’ in the US. These can be tricky to work out on your own. Fortunately, we are just a call away – (305) 772-5700! Contact us for tax help today.??

A customer-focused business culture places the customer at the center of all your business decisions. This strategic approach helps your business build brand loyalty, customer satisfaction, and eventual business success. Have you incorporated any of these tips into your organization’s culture? https://bit.ly/3vtwKKp

It's advisable to begin saving money in a retirement account as soon as you can to increase your nest egg. The longer you put off saving, the less time your assets have to grow. Now may be a good time to discuss your retirement plans with a qualified financial advisor like us. We’d love to help you! Contact us today at (305) 772-5700.