Matthews, Carter & Boyce

06/18/2026

Estate Planning for Family Business Owners

It may seem unusual to consider estate planning as part of business strategy, yet a well-designed plan can significantly impact tax outcomes and long-term legacy.

A change in leadership is inevitable in a family business. However, when owners concentrate on business strategy, they often overlook how estate planning will affect what will occur when they are no longer present. Early decisions about structure, succession and taxes can determine whether the transition is smooth or chaotic.

Learn more:
https://mcb.cpa/estate-planning-for-family-business-owner/

06/16/2026

When should you hire an accountant?

If you think that hiring an experienced accountant is only for large businesses or for wealthy individuals, you may want to question your thinking. In the past, you may have found using income tax software met your needs. However, your financial situation may become more complex, requiring special tax considerations you are not aware of.

Here are situations you may typically find yourself in, when having a professional accountant by your side will be invaluable:

• Your finances may have become more complicated

• You are a small business owner

• You are buying or selling a home

• You are planning for your retirement

• You are planning for the next generation

Learn more: https://mcb.cpa/time-to-hire-an-accountant/

06/04/2026

Thank you to Virginia Living Magazine!

MCB is honored to have been chosen as the top CPA firm in the 15th annual Best of Virginia awards. Each year, readers are polled and asked to nominate their favorite businesses, events, and attractions across the state.

A quarter of a million votes were cast to honor winners with the title of Best in Virginia across 112 categories in each of the state’s 5 unique regions.

Best of Virginia highlights the dedication of businesses and their commitment to quality and community. According to the magazine: "Our curated list of voter-selected favorites truly showcases the seamless combination of tradition and deep-rooted history with the innovation and creativity of Virginia."

Thank you and congratulations to all the winners in every category!
https://virginialiving.com/where-to-find-us/?__hstc=206712588.af7174733f59b0895617f82137b26dc9.1780602363817.1780602363817.1780602363817.1&__hssc=206712588.2.1780602363818&__hsfp=cc3f87d9ce0d46e5a5d85f9e7981431c
Virginia Living Magazine

06/02/2026

Excited to share our firm’s recognition in Accounting Today’s “Regional Leaders” for 2026, the 6th consecutive year MCB has been named to this list of the Top 100 Accounting Firms across the country. MCB was selected for the Capital Region.

Congratulations to all the firms recognized this year!
https://lnkd.in/eE3SD5RZ

05/29/2026

Thank you to our friends at EGC Productions for inviting members of our team to an inspirational evening with the Baltimore Symphony Orchestra!

The concert, "Censored Voices: Silent No More" featured music composed by Rachmaninoff, Prokofiev, Shostakovich and Gubaidulina, who lived and worked under censorship, yet contributed some of the most important classical music ever written. According to EGC, "Their work was often suppressed, yet they, and their music, endured and now speaks with important urgency. Freedom of artistic expression is fundamental to civic health, democratic identity and the vitality of free societies."

Learn more about the important work of EGC here:
https://www.egcproductions.org/

05/28/2026

One week from today!

A big presentation. A high-stakes meeting. A career-defining performance review. An uncomfortable personal conversation.

We face stressful situations every day. But have you ever wondered what happens to our brains when we are under pressure, and why performance often breaks down in these moments, even when we are prepared?

Join us and our guest, Nassim Ebrahimi, PhD, as we learn how to optimize our mindset to foster calm and confidence, even under extreme pressure. Learn practical tips and actionable strategies to unlock the mental side of performance and become a stronger you in mind, body and heart.

Register here for this free virtual event: https://lnkd.in/eu3m5UR4

05/26/2026

Homeowners, do you know about the Augusta Rule?

Originally created to protect the residents in Augusta, Georgia, who rented out their homes to attendees of the annual Masters Tournament, the Augusta Rule dates back to the 1970s. At that time, residents were interested in avoiding tax complications while renting their homes and profiting from it.

Today, the rule applies to any taxpayer who owns a home in the US. This rule lets homeowners rent out their properties for up to 14 days per year without legally having to report the rental income on their federal tax return.

Given its potential tax benefit, this rule is not only attractive but also particularly useful for homeowners who reside in small cities that host big events.

Learn more about how it works:
https://mcb.cpa/the-augusta-rule-a-special-tax-break/

This rule lets homeowners to rent out their property for up to 14 days per year without legally having to report rental income. MCB CPA Firm.

05/14/2026

Contributions to charitable organizations may be deducted up to 50 percent of adjusted gross income. But contributions to certain private foundations, veterans organizations, fraternal societies, and cemetery organizations are limited to 30 percent adjusted gross income.

The rules can get complicated, so be sure to keep records and discuss the tax implications with a professional. We break down some additional considerations in our recent article, "What to Know About Charitable Giving": https://mcb.cpa/what-to-know-about-charitable-giving/

Contributions to charitable organizations may be deducted up to 50 percent of adjusted gross income. MCB Accounting Firm.

05/12/2026

Did you know that there is a Taxpayer Bill of Rights?

It's designed to ensure fair treatment, transparent communication and legal protections, and consists of 10 principles:

• The right to be informed

• The right to quality service

• The right to pay no more than the correct amount of tax

• The right to challenge the IRS’ position and be heard

• The right to appeal an IRS decision in an independent forum

• The right to finality

• The right to privacy

• The right to confidentiality

• The right to retain representation

• The right to a fair and just tax system.

Learn more about your rights:
https://mcb.cpa/you-have-tax-rights-do-you-know-them/

To ensure fair treatment, transparent communication and legal protections, the Taxpayer Bill of Rights outlines key principles. MCB CPA Firm.

05/07/2026

ALERT: Many accounting firms are seeing scams involving the CP53E notices that the IRS has been sending to taxpayers when they do not provide their direct deposit information.

While the IRS is continuing to send out refund checks, it is also sending out the CP53E notices asking taxpayers to provide bank account information to expedite processing.

Fraudsters have taken notice and are sending out fake notices.

In a recent House Ways and Means Congressional alert, it was advised that a CP53E notice may not be legitimate if it includes a QR code or clickable link directing taxpayers to “verify,” “activate” or “unfreeze” a refund.
Learn more: https://mcb.cpa/irs-cp53e-fraudulent-notices-regarding-tax-refunds/

Beware of IRS CP53E notice scams affecting taxpayers. Learn how to identify fraudulent notices and protect yourself. MCB CPA Firm.