New COVID-19 Relief Bill Doubles Business Meal Deductions and Makes Favorable PPP Loan Changes

The COVID-19 relief bill, signed into law on December 27, 2020, provides a further response from the federal government to the pandemic. It also contains numerous tax breaks for businesses. Here are some highlights of the Consolidated Appropriations Act of [...]

By |2021-01-05T14:30:43-05:00January 5th, 2021|Categories: Blog, Tax|Tags: , , , , , , |Comments Off on New COVID-19 Relief Bill Doubles Business Meal Deductions and Makes Favorable PPP Loan Changes

Drive More Savings to Your Business with the Heavy SUV Tax Break

Are you considering replacing a car that you’re using in your business? There are several tax implications, like the heavy SUV tax break, to keep in mind. A Cap on Deductions Cars are subject to more restrictive tax depreciation [...]

By |2020-12-14T13:44:20-05:00December 14th, 2020|Categories: Blog, Tax|Tags: , , , , , |Comments Off on Drive More Savings to Your Business with the Heavy SUV Tax Break

Bonus Depreciation: 5 Key Points

You’re probably aware of the 100% bonus depreciation tax break that’s available for a wide range of qualifying property. Here are five important points to be aware of when it comes to this powerful tax-saving tool. Bonus depreciation is [...]

By |2020-10-02T16:47:12-04:00August 31st, 2020|Categories: Blog, Tax|Tags: , , , , , , |Comments Off on Bonus Depreciation: 5 Key Points

New Law Provides a Variety of Tax Breaks to Businesses and Employers

While you were celebrating the holidays, you may not have noticed that Congress passed a law with a grab bag of provisions that provide tax relief to businesses and employers. The “Further Consolidated Appropriations Act, 2020” was signed into law [...]

By |2020-01-03T17:45:46-05:00January 3rd, 2020|Categories: Audit, Blog, Tax|Tags: , , , |Comments Off on New Law Provides a Variety of Tax Breaks to Businesses and Employers

Holiday Parties and Gifts Can Help Show Your Appreciation and Provide Tax Breaks

With Thanksgiving behind us, the holiday season is in full swing. At this time of year, your business may want to show its gratitude to employees and customers by giving them gifts or hosting holiday parties. It’s a good [...]

By |2019-12-17T13:34:30-05:00December 5th, 2019|Categories: Blog, Tax|Tags: , , |Comments Off on Holiday Parties and Gifts Can Help Show Your Appreciation and Provide Tax Breaks
Go to Top