Maax & Company, LLC

Maax & Company, LLC Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Maax & Company, LLC, 2201 Palm Avenue, Suite 201, Miramar, FL.

The IRS is reminding taxpayers of new deductions available this tax season. If you’re 65 or older, you potentially can c...
03/13/2026

The IRS is reminding taxpayers of new deductions available this tax season. If you’re 65 or older, you potentially can claim an additional $6,000 deduction. Depending on your occupation, you may be able to deduct up to $25,000 in qualified tips. You may also be able to deduct up to $12,500 in qualified overtime ($25,000 if you’re married and file jointly). If you took out a vehicle loan in 2025, you possibly can deduct up to $10,000 in interest paid. But all these breaks are subject to additional rules, and they phase out when income exceeds applicable limits. If you’re eligible, you can claim these deductions whether you itemize or take the standard deduction. Contact us at (305) 310-2994 with questions.

Good news for small business owners! The 20% qualified business income (QBI) deduction for pass-through business owners ...
03/11/2026

Good news for small business owners! The 20% qualified business income (QBI) deduction for pass-through business owners is now permanent. (It had been scheduled to expire after 2025.) This break reduces taxable income for eligible sole proprietors, partners, S corp owners and, generally, LLC members. Beginning in 2026, expanded income ranges over which certain limits phase in may allow more taxpayers to qualify for the QBI deduction, and some may enjoy larger deductions. Contact us at (305) 310-2994 to learn how you can benefit.

Gifts that consist of hard-to-value assets, such as interests in a closely held business, can be risky. A defined-value ...
03/10/2026

Gifts that consist of hard-to-value assets, such as interests in a closely held business, can be risky. A defined-value gift may help you avoid unexpected tax liabilities. A defined-value gift is a gift of assets that are valued at a specific dollar amount rather than a certain number of stock shares or a specified percentage of a business entity. Structured properly, a defined-value gift won’t trigger gift taxes down the road. The key to this strategy is that the defined-value language in the transfer document is drafted as a “formula” clause rather than an invalid “savings” clause. Call us at (305) 310-2994 to learn more.

It’s common for small businesses to work with friends, relatives and affiliated companies. After all, they can be loyal ...
03/09/2026

It’s common for small businesses to work with friends, relatives and affiliated companies. After all, they can be loyal workers and trustworthy business partners. But if related-party transactions aren’t handled properly, they can distort financial results, affect loan eligibility and even trigger IRS scrutiny. We can help you identify and record these transactions at market terms. Proper documentation supports compliance and provides clearer insight into how these arrangements affect cash flow and profitability. Contact us at (305) 310-2994 to keep your books accurate and transparent.

Do you have an IRS Individual Online Account? If not, the IRS is encouraging you to create one. Taxpayers with an accoun...
03/06/2026

Do you have an IRS Individual Online Account? If not, the IRS is encouraging you to create one. Taxpayers with an account can securely access their tax information online. Specifically, you can view your balance, make payments, set up payment plans, access tax records and review prior notices without waiting on hold or mailing forms. Plus, the account can help protect you from identity theft and fraud. Having an account can also help reduce errors and surprises by allowing you to monitor activity in real time and respond quickly if issues arise. See something in your account that concerns you? Call us at (305) 310-2994 to discuss it.

When you file your 2025 income tax return, you can deduct your charitable donations only if you itemize deductions. But ...
03/04/2026

When you file your 2025 income tax return, you can deduct your charitable donations only if you itemize deductions. But beginning with donations made in 2026, people who take the standard deduction instead of itemizing can claim a charitable deduction of up to $1,000 ($2,000 for married couples filing jointly). Only “cash” donations qualify, but the definition may be broader than you think. It includes gifts made by debit or credit card, check, ACH, online payment platform and payroll deduction. Call us at (305) 310-2994 to discuss what you can deduct on your 2025 return and your donation strategy for 2026.

For 2026, you generally can contribute up to $7,500 pretax to an employer-sponsored child and dependent care Flexible Sp...
03/03/2026

For 2026, you generally can contribute up to $7,500 pretax to an employer-sponsored child and dependent care Flexible Spending Account (FSA). This $2,500 increase over the 2025 limit was part of the major tax legislation that was signed into law in 2025. An FSA pays or reimburses you for qualified child or dependent care expenses. (Your contributions will, however, reduce your qualified expenses for purposes of the child and dependent care tax credit.) Contact us at (305) 310-2994 to learn more about tax breaks for families.

To make confident business decisions, you need a clear view of your cash position. The statement of cash flows reveals h...
03/03/2026

To make confident business decisions, you need a clear view of your cash position. The statement of cash flows reveals how money moves in and out of your business. It’s usually organized into three sections: 1) Cash flows from operations reflect day-to-day activity. 2) Cash flows from financing activities show how you use debt and equity to fund growth. 3) Cash flows from investing activities capture how you’re building for the future. Together, they tell the real story behind your numbers. We can help you interpret trends, spot risks and manage cash flow to strengthen your business strategy. Call us at (305) 310-2994 to learn more.

The IRS has published new FAQs on Executive Order 14247, which calls for eliminating paper checks to and from the IRS. T...
02/27/2026

The IRS has published new FAQs on Executive Order 14247, which calls for eliminating paper checks to and from the IRS. This change is to reduce fraud, enhance security, lower costs and speed up processing. The IRS is encouraging taxpayers to provide banking information on their 2025 tax returns so it can issue refunds via direct deposit. For taxpayers without a bank account, options such as prepaid debit cards, digital wallets or limited exceptions to the “no paper checks” rule are available. If you owe tax, electronic payment methods are preferred, but the IRS will continue to accept mailed paper checks and money orders for now. Contact us at (305) 310-2994 if you have any questions or concerns.

The decision to itemize deductions or claim the standard deduction can have a big impact on your tax bill. With a higher...
02/25/2026

The decision to itemize deductions or claim the standard deduction can have a big impact on your tax bill. With a higher standard deduction and itemized deductions more limited, many taxpayers who once benefited from itemizing have been better off taking the standard deduction. But the recent quadrupling of the deduction limit for state and local taxes could make itemizing worthwhile again for some. Not sure which is better for you? We can help. Call us at (305) 310-2994.

Attention, small business owners: As you wrap up your 2025 tax filings and begin planning for 2026, remember that many p...
02/24/2026

Attention, small business owners: As you wrap up your 2025 tax filings and begin planning for 2026, remember that many previously temporary tax law provisions are now permanent. And new opportunities may be available to help reduce your tax burden. If you’re ready to take a smart, strategic approach to the year ahead, we’re here to guide you. Contact us at (305) 310-2994.

You’ve spent time and money building your business, and it’s now probably your most valuable asset. So safeguarding that...
02/23/2026

You’ve spent time and money building your business, and it’s now probably your most valuable asset. So safeguarding that wealth is critical. The good news is that there are many ways to help ensure it remains a lasting source of security for you and your family. Our team can help you identify and implement wealth management strategies that protect what you’ve built while preserving your business’s value and competitive edge. Contact us at (305) 310-2994 to get started.

Address

2201 Palm Avenue, Suite 201
Miramar, FL
33025

Opening Hours

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

Telephone

+13053102994

Website

Alerts

Be the first to know and let us send you an email when Maax & Company, LLC 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 Maax & Company, LLC:

Shortcuts

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