Millhouse Accounting

Millhouse Accounting We specialize in legal compliance and saving you time. We offer a wide range of Accounting services,

We offer a wide range of Accounting services, including business consultation, tax planning/preparation, bookkeeping, payroll, and more.

01/19/2026

Have a small "side hustle" that makes you some extra cash?

Side hustles often start as “just extra cash” until tax time hits.

What catches people off guard is that side hustle income usually has no taxes withheld, still has to be reported even if you never received a 1099, and is often subject to self-employment tax on top of regular income tax. Add in mileage, home office, or online platform fees, and things can get messy fast.

A little planning early can help avoid surprises, penalties, and unnecessary stress later 💸📄
Contact us today for help navigating these obstacles!

01/12/2026

Heads up on 1099-Ks ⚠️

We’re seeing a lot of panic around 1099-K forms from Venmo, PayPal, Square, and similar platforms 💳📲. Just because you receive a 1099-K does not automatically mean everything on it is taxable.

The IRS uses 1099-Ks as an information-matching tool, but personal reimbursements, gifts, and transfers between friends are still not income 🚫💰. The key is making sure things are properly categorized and reported so you don’t trigger a notice from the Internal Revenue Service.

If you got a 1099-K and aren’t sure what’s actually taxable, don’t guess — that’s where mistakes happen 🧾😬.

Questions? Happy to help sort it out 📊😊

01/05/2026

Tax season is officially underway at Millhouse Accounting! We’re scheduling appointments now for individuals, families, and small business owners. If you had life changes in 2025, run a business, own rental property, or just want a second set of eyes on your tax situation, now is the time to get on the calendar. Call or message us to schedule before spots fill up.

12/29/2025

Tax Tip 💡
If you’re self-employed or own a small business, don’t forget about estimated tax payments. Waiting until April can mean penalties and a nasty surprise 😬. Paying quarterly helps smooth cash flow and keeps you on the IRS’s good side 👍

Bonus tip: setting aside 25–30% of profit in a separate savings account 💰 can make those payments much less painful.

Need help calculating this each quarter? Contact us and we can assist!

12/22/2025

Tax season is closer than it looks 👀📅

The IRS just released Tax Tip 2025-70, reminding taxpayers that now is the time to “Get Ready” for the 2026 filing season. A little preparation now can save time, reduce stress, and help avoid delays later 👍

There are also some big changes coming that could impact your return. The One, Big, Beautiful Bill introduces new or expanded deductions and credits, including updates related to tips, overtime, car loan interest, and seniors 🚗💵👴

Here are a few smart steps to take before filing season begins:

✔️ Log in to or create your IRS online account (ID.me)
This lets you securely view prior returns and transcripts, check balances, make payments, get your Identity Protection PIN, receive IRS notices digitally, and even authorize your tax professional online 🔐

✔️ Start gathering and organizing your tax documents
Having everything in one place helps ensure an accurate return and can uncover deductions or credits you might otherwise miss 📂

✔️ Remember that most income is taxable
This includes unemployment, refund interest, gig work, and digital asset activity. Be on the lookout for W-2s, 1099s, and other income forms as they become available in early 2026 📄

If you’d like help getting organized or understanding how the new tax law changes may affect you, we’re here to help 😊

12/15/2025

Families growing through adoption may be eligible for a valuable tax break in 2025 👶❤️

The Adoption Tax Credit can help offset the cost of adopting, and recent changes under the One, Big, Beautiful Bill make it even more impactful.

Here are a few highlights 👇
✨ Up to $17,280 per eligible child
✨ Now partially refundable — up to $5,000 per child for 2025 and later
✨ Applies to international, domestic, private, and foster care adoptions
✨ Certain special-needs adoptions may qualify even with little or no out-of-pocket expenses
✨ Covers fees like legal costs, court costs, travel, lodging, and home studies

There are important rules and exclusions, so eligibility matters ⚠️
📄 The credit is claimed using Form 8839
🧾 Income limits and special situations can affect how much you receive

If you finalized an adoption in 2025 or started the process earlier, this is definitely worth a closer look. We’re happy to walk through the details and make sure you’re getting every dollar you’re entitled to.

📞 Message us or schedule an appointment with Millhouse Accounting to review your situation.

12/08/2025

📣 Tax Season Is Right Around the Corner! 📅✨

Millhouse Accounting is here to make your 2024 filing smooth, stress-free, and accurate. Whether you're an individual filing a simple return or a business navigating S-corps, partnerships, trusts, or the new tax-law changes, we’re ready to help. 💼📊

We’re now scheduling tax appointments for the upcoming season. If you want to maximize deductions, plan ahead, or just avoid the April rush, now is the perfect time to reach out.

Ready to get started?
Send us a message or visit our website to schedule your appointment today!

Millhouse Accounting
Trusted. Local. Here for you. 🤝🏡

12/01/2025

🎄✨ Don’t let holiday scammers steal your cheer!

This time of year, gift card scams spike — and scammers get creative. Remember, the IRS will never ask for gift cards as payment for anything. If someone calls, texts, emails, or messages you claiming you owe a “tax penalty” and need to pay with gift cards, it’s 100% a scam. 🚫💳

If you’re ever unsure, reach out to us or report it to the IRS at [email protected]. Stay safe and enjoy the season! 🎁😊

11/24/2025

🏡 Attention Rental Property Owners! 📣

Tax season is sneaking up, and if you own rental real estate, the right planning can save you thousands. At Millhouse Accounting, we work with rental owners across Northeast Wisconsin every day. Whether you have a single home, duplex, or a full portfolio, we’re here to help you keep more of what you earn. 🙌

Here are a few smart rental-property tax tips we help clients with:

✨ Depreciation Done Right
Don’t leave deductions on the table. Every rental property gets depreciation, and bonus depreciation + cost segregation studies can massively accelerate your write-offs.

💡 Track Those Improvements
Not everything is an expense! Upgrades like roofs, windows, HVAC, and flooring may need to be capitalized. BUT, this can work in your favor with accelerated depreciation options.

📁 Keep Great Records
Mileage to the property, supplies, repairs, tools, home office, interest, insurance, utilities, management fees—these all add up. Good records = bigger deductions.

🏘️ Short-Term vs. Long-Term Rentals
Airbnb/VRBO properties follow different rules. In some cases, you may qualify for material participation, unlocking special tax treatment most tax preparers overlook.

If you’re a rental property owner and need tax planning, tax prep, or guidance on expanding your real estate portfolio, we’re here to help. We’re family-owned, veteran-owned, and proudly serve clients of all sizes here in Northeast Wisconsin. 🇺🇸💼

Send us a message or call/text us to get started today! 📲

11/18/2025

Tax update for 2025! 📣

The new standard deductions are officially out for the 2025 tax year, and they’re higher across the board. That means more income protected from tax for individuals, families, and retirees.

There’s also a brand-new additional senior deduction for taxpayers age 65+, giving older adults an extra boost this year. 👵👴

If you want to see how the new numbers affect your 2025 planning, reach out anytime — we’re here to help at Millhouse Accounting. 💼✨

11/10/2025

🎓 Tax Tip Time! 🎓
Got a college student in the family? 📚
You could qualify for the American Opportunity Tax Credit (AOTC) — worth up to $2,500 per student each year! 💵
It covers tuition, books, and required course materials — and part of it is even refundable, meaning you can get money back even if you don’t owe taxes! 🙌

Don’t leave education money on the table — let’s make sure you claim it!

11/03/2025

Small business owners: Did you know that keeping your receipts 📸 and digital copies 💻 organized throughout the year can save you hours during tax season — and even help you catch extra deductions you might’ve missed? 💰

Pro tip: create a simple folder in your phone’s photos labeled “2025 Taxes” and snap a quick pic whenever you get a receipt. Come filing time, you’ll thank yourself later! 🙌

Questions about deductions or how to track expenses better? We’re here to help!
📍 Millhouse Accounting
📞 (920) 632-7072
🌐 millhouseaccounting.com

Address

416 George Street, Suite 103
De Pere, WI
54115

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