In 2017, the Tax Cuts and Jobs Act (TCJA) eliminated the deduction for entertainment, amusement, or recreation expenses and instituted new limitations on the deduction for food and beverage expenses, leaving many taxpayers and tax professionals unsure as to the … Read More
The coronavirus pandemic has caused tremendous challenges, particularly for small business owners across the United States. In response, numerous state and federal agencies have implemented emergency relief programs, such as the CARES Act and the Paycheck Protection Program, to … Read More
For many, the coronavirus pandemic has established what is being referred to as the “new normal”. In the United States, with this “new normal” came a new tax day! Earlier this year, the Treasury Department provided relief for American … Read More
The Paycheck Protection Program (PPP), a Small Business Administration loan intended to help businesses keep their workforce employed during the COVID-19 crisis, may actually provide fewer benefits than originally assumed. As April came to a close last week, the IRS … Read More
A highly anticipated coronavirus aid package was signed into law by President Trump at the close of last week on Friday, March 27th. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) serves as the most extensive COVID-19 related … Read More
In an effort to keep your financial stress at a minimum during these trying times, we are working diligently to keep you informed and your calendars up to date. As such, please take note that the deadline to make traditional … Read More
The Treasury Department and the Internal Revenue Service (IRS) are offering up some welcome relief for taxpayers this tax season in response to the coronavirus pandemic. The deadlines for filing 2019 tax returns and for making 2019 income tax… Read More
Are you a Business Owner or Filing Taxes on Behalf of a Corporation or Partnership? Read on!
Next up in our That Time of Year blog series, is an important tax deadline for business owners that’s less than two weeks … Read More
Kicking off Our ‘That Time of Year’ Blog Series with an Important Tax Deadline Coming Up Next Week!
The time has come…our “That Time of Year” series is back! We promised you tax tips and important deadlines to consider in … Read More
President-Elect Joe Biden’s Tax Agenda
Last week’s Senate election results in Georgia give President-elect Joe Biden a much better chance at implementing the policies that he promised on the 2020 campaign trail, such as raising taxes on corporations, estates and high-income households. Even with the … Read More