Wyatt-Martin & Associates

Wyatt-Martin & Associates www.Wyatt-Martin.com Wyatt-Martin & Associates is a CPA firm practicing in Maryland.

We prepare federal and state tax returns for residents and businesses of all states. We also provide personal and business finance consulting - including budgeting, real estate consulting (purchase & refinance), tax planning, retirement planning and estate planning. Wyatt-Martin & Associates also provides small business consulting services, and payroll processing.

Maryland taxpayers are overlooking $1,500 or more in state credits.The Earned Income Tax Credit (EITC) and Child Tax Cre...
02/21/2026

Maryland taxpayers are overlooking $1,500 or more in state credits.

The Earned Income Tax Credit (EITC) and Child Tax Credit are available, but they require precise filing. Many residents leave this money on the table due to simple oversights. Wyatt-Martin & Associates provides the expertise needed to secure what you are owed.

As local experts serving the Greater Baltimore/Washington area, we offer straightforward tax planning with a money-back guarantee.

Consultation rates:
- 30 minutes: $50
- 60 minutes: $100

Tax preparation fees range from $125 to $850.

Professional guidance is a necessary investment to maximize your return. Do not leave your money with the government.

Schedule your consultation at www.wyatt-martin.com.

Receiving a Form 1099-K from Venmo, PayPal, or Etsy is not cause for alarm. It is a reporting requirement, not a tax bil...
02/20/2026

Receiving a Form 1099-K from Venmo, PayPal, or Etsy is not cause for alarm. It is a reporting requirement, not a tax bill.

This form reflects gross payment volume. It does not account for business expenses, refunds, or non-taxable personal reimbursements. Reporting the gross amount as your taxable income is an avoidable financial error.

Precision is required to separate gross receipts from actual profit. Wyatt-Martin & Associates provides the necessary oversight for side hustlers and small business owners in the Greater Baltimore/Washington area.

Consultation fees: $50 for 30 minutes, $100 for 60 minutes.
Tax preparation: $125 - $850.

Professional guidance ensures you pay only what is owed. Schedule your review at www.wyatt-martin.com.

Maryland seniors: The $6,000 federal deduction and $41,200 pension exclusion are now in effect. These are not suggestion...
02/19/2026

Maryland seniors: The $6,000 federal deduction and $41,200 pension exclusion are now in effect. These are not suggestions; they are significant financial benefits you are entitled to claim.

Navigating these changes without professional guidance leads to errors and unnecessary tax payments. Our firm specializes in ensuring these exclusions are applied correctly to your specific financial profile. We provide the technical expertise that standard software often misses.

Professional consultation rates:
- 30 Minutes: $50
- 60 Minutes: $100

Do not forfeit your savings through oversight. Schedule a session to finalize your tax strategy and maximize your total savings. Efficiency is our priority.

Visit www.wyatt-martin.com today.

IRS refunds for returns claiming the Earned Income Credit or Child Tax Credit are subject to mandatory delays. Federal l...
02/04/2026

IRS refunds for returns claiming the Earned Income Credit or Child Tax Credit are subject to mandatory delays. Federal law prohibits issuance before mid-February.

Expect funds in your account by March 2. This timeline requires electronic filing and direct deposit. Paper returns will result in significant delays.

Wyatt-Martin & Associates offers professional tax services for individuals and small businesses in the Baltimore/Washington area. We provide CPA-level expertise at affordable rates, ranging from $125 to $850.

Precise filing is required to meet IRS deadlines. Secure your appointment to ensure your return is processed without error.

Visit www.wyatt-martin.com to schedule.

A government shutdown is possible this January. You need to know the impact on your tax returns.The IRS has confirmed th...
01/31/2026

A government shutdown is possible this January. You need to know the impact on your tax returns.

The IRS has confirmed that refund processing will continue. However, expect significant delays in customer service and live assistance. If you have questions for the IRS, phone wait times will be extensive.

To minimize delays:
1. File your return electronically.
2. Select direct deposit for your refund.

Wyatt-Martin & Associates provides professional tax services for the Greater Baltimore and Washington area. We offer the expertise of a large firm without the extreme costs.

Our consultation fees are transparent:
- 30-minute call: $50
- 60-minute call: $100

Tax planning sessions are also available and come with a money-back guarantee. They have the potential to save you thousands of dollars.

We are here to support our local community and small businesses. Secure your appointment today to ensure your filing is handled efficiently.

www.wyatt-martin.com

Legislative changes under the 'One Big Beautiful Bill' apply to all 2025 tax filings. Awareness of these five updates is...
01/28/2026

Legislative changes under the 'One Big Beautiful Bill' apply to all 2025 tax filings. Awareness of these five updates is mandatory for maximizing your refund:

1. Child Tax Credit: Increased to $2,200 per child.
2. SALT Deductions: The deduction cap for state and local taxes has been raised.
3. Tips and Overtime: Deductions are now applicable to tips and overtime earnings.
4. EV Credits: New standards and credit amounts for electric vehicles are in effect.
5. New Vehicle Loan Interest: Interest paid on new vehicle loans is now a deductible expense.

Wyatt-Martin & Associates manages these transitions for Greater Baltimore and Washington area clients. We provide the expertise needed to navigate 2025 tax laws with professional efficiency and lower costs than traditional CPA firms.

Professional rates:
- 30-minute consultation: $50
- 60-minute consultation: $100
- Tax preparation: $125 - $850

Visit www.wyatt-martin.com to book your session. Ensure your filing is accurate and compliant.

Paying for daycare, babysitter so you can work, before and after care, or even summer camp? Don’t miss the 2025 Child & ...
01/26/2026

Paying for daycare, babysitter so you can work, before and after care, or even summer camp? Don’t miss the 2025 Child & Dependent Care Credit.

To claim it, you need to keep:
1) Care provider info
- Provider name + address
- Tax ID (TIN/EIN) or SSN (if an individual)

2) Proof of what you paid
- Receipts/invoices
- Cancelled checks or bank/credit card records
- Dates of care + amount paid

3) Your qualifying child/dependent info
- Child’s full name + SSN

No provider tax ID = your credit can get denied. Get this info now, not in April.

Need help sorting what qualifies? Book a consult at www.wyatt-martin.com

Report ALL income. Every time.If you received it, it belongs on the return:• W-2s• 1099-NEC/MISC• 1099-INT/DIV• 1099-K• ...
01/23/2026

Report ALL income. Every time.

If you received it, it belongs on the return:
• W-2s
• 1099-NEC/MISC
• 1099-INT/DIV
• 1099-K
• Cash income
• Side jobs/gig work

You cannot “pick and choose” which forms to file to get a higher refund. Leaving income off a tax return is fraud.

Reality check: the IRS gets copies of your W-2s and 1099s. Missing forms trigger income mismatches, IRS notices, audits, penalties, and interest.

Not sure what you’re missing? We’ll help you file it correctly.
Wyatt-Martin & Associates | www.wyatt-martin.com

Think you can deduct ALL your overtime pay in 2025? No.The rule is “premium only.” That means only the extra amount you ...
01/22/2026

Think you can deduct ALL your overtime pay in 2025? No.

The rule is “premium only.” That means only the extra amount you earn ABOVE your normal hourly rate may qualify for the overtime tax deduction. Your regular pay (even during overtime hours) does not.

Simple example:
• Regular rate: $20/hr
• Overtime rate: $30/hr
• Qualified “premium” portion: $10/hr

If you worked 10 overtime hours:
$10 premium x 10 hours = $100 potentially qualifying.
Not $30 x 10.

Keep your pay stubs and time records. This deduction will come down to documentation.

Want us to review your situation? 30 min consult: $50. 60 min: $100.
Wyatt-Martin & Associates | Greater Baltimore/DC
www.wyatt-martin.com

Heads up: If you work for tips, 2025 could be your year to save big. New tax rules let qualifying employees: servers, st...
01/19/2026

Heads up: If you work for tips, 2025 could be your year to save big. New tax rules let qualifying employees: servers, stylists, daycare staff, and other tipped workers: claim deductions for reported overtime and tip income for the first time. Keep your paystubs. Clean records mean you claim everything you deserve.

Don’t miss out. Book a consult with Wyatt-Martin & Associates and we’ll show you how to maximize your refund and stay on the IRS’s good side.

Buying an electric vehicle in 2025? Requirements for federal tax credit:✔️ New EV: Assembled in North America, MSRP unde...
01/17/2026

Buying an electric vehicle in 2025? Requirements for federal tax credit:

✔️ New EV: Assembled in North America, MSRP under $55,000 (cars), $80,000 (SUVs/trucks); income under $150,000 (single) or $300,000 (joint)
✔️ Used EV: Up to $4,000 credit (or 30% of price, whichever is less). Vehicle must be at least 2 years old, sale price under $25,000, buyer income max $75,000 (single) or $150,000 (joint).
✔️ All EVs: Manufacturer must qualify (see IRS), dealer purchase, sales contract, IRS form required.

Maximum credit: $7,500 new / $4,000 used.

Retain all purchase paperwork and proof of residency. Unsure if you qualify? Wyatt-Martin & Associates can clarify before you buy. Proceed with facts( get your numbers right.)

Not all tips are treated equally. Under new 2025 tax rules, "qualified tips" are the ones you report to your employer: t...
01/17/2026

Not all tips are treated equally. Under new 2025 tax rules, "qualified tips" are the ones you report to your employer: they show up on your paycheck. Regular (unreported) tips don’t. Only qualified tips count for new deductions this year.

Confusing these categories means lost savings or risks of underreporting. Accurate records prevent headaches and keep your money intact.

If you make tip income: servers, stylists, daycare staff: avoid costly errors. Book a consult with Wyatt-Martin & Associates and make sure your returns are correct. Link in bio.

Address

Baltimore, MD
21208

Telephone

+18888316671

Website

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