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 | Sep 24, 2021 | Small Business
As the nation suffers from the ravages of the super-contagious COVID-19 Delta variant, the federal government desperately wants all American workers and their families to get vaccinated. If you have employees, you probably feel the same way. Indeed, more and more...
by Tabitha Regan, CPA | Sep 17, 2021 | Small Business
The Consolidated Appropriations Act of 2021 introduced the Employee Retention Credit for qualifying businesses. The American Rescue Plan Act of 2021 (ARPA) enhanced the Employee Retention Credit (ERC) and extended it for an additional six months, through December 31,...
by Tabitha Regan, CPA | Aug 27, 2021 | Small Business
If you’re self-employed or own a small business, you’ve probably considered establishing a retirement plan. If you’ve done your homework, you likely know about simplified employee pensions (SEPs) and savings incentive match plans for employees...
