by Tabitha Regan, CPA | Dec 3, 2021 | Individual Tax
As we wrap up 2021, it’s important to take a closer look at your tax plans. This year likely brought challenges and disruptions that significantly impacted your personal and financial situation –– a continued global pandemic, several significant natural disasters, new...
by Tabitha Regan, CPA | Nov 26, 2021 | Small Business
As we wrap up 2021, it’s important to take a closer look at your tax and business plans. This year likely brought challenges and disruptions that significantly impacted your personal and financial situations –– a continued global pandemic, several significant natural...
by Tabitha Regan, CPA | Nov 5, 2021 | Small Business
In 2021, Georgia joined several other states to introduce legislation known as the “SALT deduction work-around”. The SALT deduction refers to the $10,000 cap on personal State and Local Tax deduction limitation applied at the individual level. This...
by Tabitha Regan, CPA | Oct 29, 2021 | Small Business
At the end of 2020, legislation was introduced that increased the deductibility of business meals expense. However, not all expenses are eligible for the increased deduction. Entertainment expenses remain non-deductible for tax purposes. Meals provided to employees...
by Tabitha Regan, CPA | Oct 15, 2021 | Individual Tax, Tax Planning
Capital gains are the profits realized from the sale of capital assets such as stocks, bonds, and property. The capital gains tax is triggered only when an asset is sold, not while the asset is held by an investor. However, mutual fund investors could be charged...
