Myer and Myer

Myer and Myer Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Myer and Myer, 102 Wheatfield Dr Ste A, Milford, PA.

If you’ve recently sold your home and realized a capital gain, you may be able to exclude some or all of the gain from t...
09/05/2025

If you’ve recently sold your home and realized a capital gain, you may be able to exclude some or all of the gain from the sale. To claim the exclusion, you must pass IRS ownership and use tests. During a five-year period ending on the date of sale, you must have owned the home and lived in it for at least two years. If qualified, you may be able to exclude a capital gain of up to $250,000 from your income ($500,000 for married joint filers). Be aware that the exclusion is available only for your main home (not a second home). If you realized a loss on the sale, it’s not deductible. For more information from the IRS: https://bit.ly/3GCMQqz or contact us at (570) 296-2889 with questions.

Struggling with the IRS? Dealing with back taxes, wage garnishments or threatening IRS letters can be overwhelming. But ...
09/03/2025

Struggling with the IRS? Dealing with back taxes, wage garnishments or threatening IRS letters can be overwhelming. But you don’t have to face it alone. We can help with tax resolution issues by negotiating with the IRS on your behalf. Perhaps you need to have a payment plan set up that works for you. In some cases, we can explore an Offer in Compromise to settle your tax debt for less. You deserve a fresh start. Contact us at (570) 296-2889 for help.

Grabbing lunch with a client doesn’t just build rapport. It can also trim your tax bill. Under tax law, you can generall...
09/02/2025

Grabbing lunch with a client doesn’t just build rapport. It can also trim your tax bill. Under tax law, you can generally deduct 50% of qualifying business meal costs. Whether you're dining with clients, partners or employees, these deductions can reduce your taxable income. Keep detailed records of the expenses, including receipts. Document the business purpose of each meal and the business relationship of the people you dine with. Contact us at (570) 296-2889 with any questions about this deduction.

When planning your estate, start early and update often. It’s crucial to have a plan that grows with you because financi...
09/01/2025

When planning your estate, start early and update often. It’s crucial to have a plan that grows with you because financial landscapes shift, tax laws change and life circumstances evolve. Here are 5 quick tips. 1) Structure assets to minimize taxes and maximize wealth transfers. 2) Consider trusts to protect assets, control distributions and avoid probate. 3) Ensure accounts (bank, retirement, insurance) have up-to-date beneficiaries. 4) Use annual gift tax exclusions to reduce your taxable estate. 5) Update documents when life changes occur. Contact us at (570) 296-2889 for assistance.

What should you do if you receive a tax refund that’s more than you’re entitled to? Or what if you receive one that you’...
08/29/2025

What should you do if you receive a tax refund that’s more than you’re entitled to? Or what if you receive one that you’re not entitled to? Handling these situations largely depends on the details. A paper check refund should be voided and returned within 21 days of receipt to the address in the link below. But suppose you cashed the check. In that case, submit a personal check within 21 days to that address. If the refund was by direct deposit, contact your bank to have them return the deposit. Also, contact the IRS at the phone number in the link. A check for an amount different than expected should include a brief explanation. For more information, contact us at (570) 296-2889 or visit: https://bit.ly/4bIFVXW

Have you changed your business’s name, address or “responsible party” recently? Then it’s time to file IRS Form 8822-B. ...
08/27/2025

Have you changed your business’s name, address or “responsible party” recently? Then it’s time to file IRS Form 8822-B. This form ensures the IRS has your business’s up-to-date information and helps you avoid missed notices or tax issues. You must file it within 60 days of any changes to stay compliant. Failing to do so could result in penalties or delays in processing important documents. The responsible party is defined as the person who owns, controls or exercises effective control over a business and directly or indirectly manages the entity’s funds and assets. Questions? Contact us at (570) 296-2889.

Supporting your favorite charities in 2025? Track and document your donations as you make them so you're not scrambling ...
08/26/2025

Supporting your favorite charities in 2025? Track and document your donations as you make them so you're not scrambling at tax time. But charitable deductions might not provide the tax savings you expect because of the various rules and limits that apply. Contact us at (570) 296-2889. We can help you assess the potential tax benefits in your particular situation.

How’s your business’s health now that we’re more than halfway through the year? If you’re not sure, it’s time for a chec...
08/25/2025

How’s your business’s health now that we’re more than halfway through the year? If you’re not sure, it’s time for a checkup. We can help identify strengths, diagnose risks and prescribe the right moves to keep your business thriving. Contact us at (570) 296-2889 to schedule your business wellness check today!

The IRS Whistleblower Office (WBO) plays a key role in tax collection. The federal tax system relies on voluntary compli...
08/22/2025

The IRS Whistleblower Office (WBO) plays a key role in tax collection. The federal tax system relies on voluntary compliance, investigations, data analytics and information from people with knowledge of noncompliance. A tip that leads to the collection of proceeds may result in a valid claim for a cash award. What makes a claim valid? To qualify for an award, a claim must provide specific and credible information regarding tax underpayments or violations. Generally, an award ranges from 15% to 30% of the proceeds collected that are attributable to information from the tipster. Contact us with questions at (570) 296-2889 and learn more about the WBO claim process here: https://bit.ly/3RleVWh

Fraud can drain your company’s assets and erode its value, often before you realize it’s happening. Protect your busines...
08/20/2025

Fraud can drain your company’s assets and erode its value, often before you realize it’s happening. Protect your business with strong internal controls, such as segregation of duties. This means dividing key responsibilities among different individuals. Take the petty cash drawer: One employee should authorize disbursements, another should have custody of the drawer and dispense cash, and a third should record and reconcile the transactions. These built-in checks can reduce the risk of any one person committing fraud. Need help reviewing your internal processes? Call us at (570) 296-2889.

The IRS generally follows strict collection processes but acknowledges that some people face real hardships. In such cas...
08/19/2025

The IRS generally follows strict collection processes but acknowledges that some people face real hardships. In such cases, the IRS may assign a tax debt to “currently not collectible” status until the debtor’s financial condition improves. While the debt remains unpaid, the total will continue to rise due to penalties and interest. Also, a federal tax lien may be filed, giving the government an interest in the individual’s assets. The IRS doesn’t grant this status lightly. It demands extensive financial proof, which can feel like an uphill climb. Contact us for help with tax debt at (570) 296-2889.

How much time did you spend on accounting and bookkeeping last month? What if you could reclaim those hours and reinvest...
08/18/2025

How much time did you spend on accounting and bookkeeping last month? What if you could reclaim those hours and reinvest them in your business — or yourself? Contact us at (570) 296-2889 to turn your financial chores into strategic opportunities. We can handle these time-consuming tasks for you and provide insights to help your small business thrive!

Address

102 Wheatfield Dr Ste A
Milford, PA
18337

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+1 570-296-2889

Alerts

Be the first to know and let us send you an email when Myer and Myer posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Practice

Send a message to Myer and Myer:

Share

Share on Facebook Share on Twitter Share on LinkedIn
Share on Pinterest Share on Reddit Share via Email
Share on WhatsApp Share on Instagram Share on Telegram