Cornerstone Accounting Solutions

07/29/2026

🚗 IRS Announces Mid-Year Mileage Rate Increase: What You Need to Know

The IRS has announced a rare mid-year increase to the standard mileage rates, effective July 1, 2026, due to rising fuel costs. This means businesses and self-employed taxpayers may be able to deduct more for qualifying business travel during the second half of the year.

New Mileage Rates (July 1 – December 31, 2026)

✅ Business: 76¢ per mile (up from 72.5¢)

✅ Medical & Qualified Military Moving: 23.5¢ per mile (up from 20.5¢)

✅ Charitable: 14¢ per mile (unchanged)

What This Means

If you use your personal vehicle for business, you'll need to track your mileage using two different rates for 2026:

📍 January 1 – June 30: 72.5¢ per mile

📍 July 1 – December 31: 76¢ per mile

Keeping accurate mileage records is more important than ever to ensure you receive the maximum deduction available.

Our Tip

Now is a great time to review your mileage tracking system. Whether you use an app or a manual log, make sure your records clearly separate miles driven before and after July 1.

Need help maximizing your business deductions? We're here to help!

📞 Cornerstone Accounting Solutions
Helping individuals and businesses keep more of what they earn.

07/16/2026

Hi Cornerstone families! We’d love to invite you to become part of our **Golden 100 Club**.

The Golden 100 Club is made up of supporters who give monthly to help cover one of our biggest ongoing expenses: **gym rentals**. Having a reliable place for our kids to practice, grow, and compete is essential, and your support helps make that possible.

When you join the Golden 100 Club, you are helping us keep Cornerstone Basketball strong and available for the families who need it most.

Every gift makes a difference. If 100 people commit to giving, together we can make a huge impact.

Thank you for believing in Cornerstone and helping us continue to pour into these kids both on and off the court!

07/07/2026

Uncertainty is the new normal — but smart planning turns risk into opportunity. Read our latest blog: Navigating Uncertainty: Top Five Business Concerns for the Second Half of 2026. Get practical insights on economic shifts, tech disruption, workforce dynamics, regulatory changes, and customer expectations. Read now: https://wix.to/xI2TWRf

07/07/2026

📅 Tax Extension Deadlines Are Closer Than You Think!

If you filed an extension, now is the time to get your tax documents organized. Waiting until the last minute can lead to unnecessary stress—and potentially costly mistakes.

Key 2026 Tax Extension Deadlines:

📌 September 15, 2026
• Partnerships (Form 1065)
• S Corporations (Form 1120-S)

📌 October 15, 2026
• Individual Tax Returns (Form 1040)
• C Corporations (calendar-year filers)

Remember, an extension gives you more time to file—not more time to pay. If you still have a balance due, interest and penalties may continue to accrue.

At Cornerstone Accounting Solutions, we're here to help make tax season as smooth as possible. Whether you're finishing your return, need tax planning, or have questions about your filing requirements, our team is ready to help.

📞
602-899-3280

📧 [email protected]
🌐 www.cornerstoneaccountingsolutions.com/questionaire

Don't wait until the deadline is here—contact us today and finish your return with confidence.

05/17/2026

05/14/2026

Nonprofit financial peace is possible — and we’ll help you get there.

We help nonprofits eliminate audit headaches with organized specialist bookkeeping.

Tailored QuickBooks Online app setups simplify grant reporting and improve visibility.

We keep donor-restricted funds perfectly tracked so every dollar is accounted for properly.

Ready to make bookkeeping painless? Click Learn More and let’s talk

05/13/2026

Running a successful dental practice means balancing patient care, payroll, equipment costs, insurance reimbursements, tax planning, and profitability — all while staying compliant and financially organized.

At Cornerstone Accounting Solutions
, we help dental practices gain clarity, improve cash flow, and make smarter financial decisions with:

✔️ Accurate bookkeeping
✔️ Tax planning & preparation
✔️ Payroll support
✔️ Financial reporting & KPI tracking
✔️ Advisory services for growth and profitability
✔️ QuickBooks Online expertise

Whether you’re an independent dentist, orthodontist, oral surgeon, or multi-location practice, having a competent accounting partner can make the difference between surviving and scaling.

📈 Focus on your patients. We’ll focus on your numbers.

Complete our quick business accounting needs assessment form to help us understand your income, payroll, software, and financial management tools. See if your company could benefit from tailored bookkeeping, tax, and advisory services designed to save money and improve efficiency

05/07/2026

Trust is a financial asset. With Cornerstone, our dedicated accountants handle secure QBO access, run automated reconciliations, and review records with you in two directions — so errors shrink and leaders can focus on patients or mission. We specialize in QBO and third‑party app integrations, delivering real‑time remote reporting you can rely on. Ready to reduce risk and reclaim your time? Visit https://wix.to/RlhHXOc 🚀🔒

Complete our quick business accounting needs assessment form to help us understand your income, payroll, software, and financial management tools. See if your company could benefit from tailored bookkeeping, tax, and advisory services designed to save money and improve efficiency