A.K. Burton PC

06/17/2026

Should you consider paying off your mortgage early?

Discover the implications and benefits of doing so here: https://www.msn.com/en-us/money/realestate/should-you-pay-off-your-mortgage-early-and-what-happens-when-you-do/ss-AA1R3wN2 🏡💰

Becoming mortgage-free is a goal of many American homeowners. The statistics bear this out: Roughly 40% of owner-occupied homes don’t have a mortgage, according to 2023 U.S. Census data. Considering the financial freedom that comes with paying off a mortgage, you’d think that paying off a mortga...

06/16/2026

🌟 Tax season is just around the corner! Here are 6 essential tax tips you should start thinking about now. Make sure you're prepared and don't miss out on any savings! 💰📊

Check out the full article here: https://www.msn.com/en-us/money/taxes/6-tax-tips-you-should-start-thinking-about-now/ar-AA21quxW?ocid=msedgntp&pc=SCOODB&cvid=6a301103a6e24e0cbd39ab453785114e&ei=36

Tax season isn’t the finish line. Learn six smart tax-planning questions to ask year-round—from deductions to investing—to improve aftertax returns and build long-term wealth.

06/15/2026

Are you wondering if you have to pay taxes when rolling over your Roth 401(k) into a Roth IRA? 🤔💰

Find out the details here: https://www.msn.com/en-us/money/news/do-you-pay-taxes-when-rolling-a-roth-401-k-into-a-roth-ira/ar-AA22Um2f

I have an after-tax 401(k) that I would like to roll over to a Roth IRA with Schwab. Experts at Schwab say it can be rolled over to a Roth IRA without paying any taxes. I think they are wrong as I will still have to pay taxes on the earnings and capital gains accumulated […] The post I'm Getting M...

06/11/2026

Did you file an extension for your income taxes? Don’t forget – the IRS is still charging you! Stay informed about your tax obligations. 💼💰

Read more here: https://www.msn.com/en-us/money/taxes/filed-an-extension-for-your-income-taxes-the-irs-is-still-charging-you/ar-AA256Cxj

An extension delays paperwork, but not your payment. Settle your bill now to stop daily IRS penalties.

06/10/2026

Have you reviewed your estate plan recently?

Proper estate and trust preparation can help protect your assets, minimize tax burdens, and ensure your wishes are carried out for future generations. Whether you have a simple estate or more complex financial holdings, careful planning today can provide peace of mind for you and your loved ones tomorrow.

At A.K. Burton, PC, we assist clients with estate and trust preparation services designed to help families navigate financial and tax considerations associated with estates and trusts. Our experienced team works closely with clients, trustees, executors, and legal professionals to help ensure accurate reporting and compliance.

✅ Estate and Trust Preparation
✅ Estate Tax Planning
✅ Trust Tax Returns
✅ Fiduciary Tax Services
✅ Estate Administration Support
✅ Financial Guidance for Executors and Trustees

Planning is one of the most important gifts you can leave your family. Let our experienced professionals help you prepare for the future with confidence.

📞 Contact A.K. Burton, PC, CPA, today to learn more about our estate and trust preparation services.

06/10/2026

Why do self-employed individuals have to pay half their tax on account? 🤔 It's a question many freelancers and entrepreneurs ask. Curious about the reasoning behind it?

Check out this article for insights! 👉 https://www.msn.com/en-us/money/personalfinance/why-must-i-pay-half-my-tax-on-account-just-because-i-m-self-employed/ar-AA24gxVk

I'm being asked to pay tax for next year 'on account'. People on salaries don't have to pay half their tax in advance, so how is this fair?

06/09/2026

Did you know your ex might still be entitled to inherit your 401(k)? It's a surprising reality that many overlook.

For more insights, check out this article: https://www.msn.com/en-us/money/smallbusiness/why-your-ex-might-still-inherit-your-401-k/ar-AA23GSwR?ocid=msedgntp&pc=SCOODB&cvid=6a26d85a379343e98d215f211aa20fa8&ei=25 🔍💼

Failing to follow ERISA plan rules can invalidate beneficiary changes. Learn from a divorce case where a fax request left an ex-spouse inheriting a 401(k).

06/08/2026

Attention all drivers! As we look ahead to 2026, it's important to know how the IRS mileage rate could affect you. Did you know that relying solely on your smartwatch log might not hold up in an audit? 📊

Stay informed! Check out the full article for more insights: https://www.msn.com/en-us/money/other/irs-mileage-rate-2026-why-your-smartwatch-log-may-fail-an-audit/ar-AA256fqG

Gig workers beware: your smartwatch might be costing you tax deductions. Learn the 2026 IRS mileage rules and how to create an audit-proof log for 72.5¢/mile.

06/05/2026

Running a small business means staying on top of the numbers, and having the right support can make all the difference. Our small business accounting services are designed to help you stay organized, manage finances with confidence, and focus more on growing your business.

From day-to-day bookkeeping to financial guidance, we provide practical solutions tailored to the needs of small business owners. Whether you’re just starting or looking to improve your current systems, our team is here to help.

Take the next step toward clearer finances and stronger business decisions.

Call A.K. Burton, PC, (301) 365-1974 for a free small business accounting consultation.

www.cpa-maryland.com/services/small-business-services/

06/04/2026

The hidden retirement costs tax planning can help you avoid! 💰✨ Don't let unexpected expenses catch you off guard. Learn more about how smart tax strategies can make a big difference in your retirement planning.

Check it out here:

Key Points This Redditor worries that people spend too much time worrying about taxes during retirement. This Redditor isn’t accounting for how much tax planning can influence lifestyles. Working with a financial advisor who can help set up a portfolio...