Insights from Your Trusted Financial Partner

  • Interaction between PPP Loans and the Employee Retention Credit

    Article Highlights: Consolidated Appropriations Act, 2021 Interaction between PPP loans and the ERC PPP Loan Forgiveness Denied Amending Forms 94...
  • February 2021 Individual & Business Due Dates

    February 1 - Tax Appointment If you don’t already have an appointment scheduled with this office, you should call to make an appointment that is c...
  • Tax Time is Around the Corner! Are You Ready?

    Article Highlights: Time to Gather Your Information New for 2020 Choosing Your Alternatives Tips for Pulling Your Information Together Tax time ...
  • Beware: These Tax Return Red Flags Could Catch the Eye of the IRS

    Tax time can be one of the most hated times of the year. Just preparing the forms is enough to be an irritant, and if you owe the government money...
  • IRS Offers New Identity Protection for Taxpayers

    Article Highlights: IP PIN Identity Verification Opt-in Program Application Process In the past, the IRS has assigned verification numbers to vi...
  • How Biden’s Rescue Plan Might Impact Your Taxes

    Article Highlights:  Economic Impact Payments Unemployment Compensation Minimum Wage Education Assistance Families First Coronavirus Response Act...
  • Congress Has Authorized a Second Round of PPP Loans

    Article Highlights:  Paycheck Protection Program  Eligible Entities Loan Terms Loan Forgiveness Forgiveness Reduction Simplified Loan Forgiveness...
  • Charitable Contributions Deduction Liberalized for 2021

    Article Highlights: Charitable Contributions for Non-Itemizers Penalties for Contribution Overstatement Cash Contributions for Itemizers Substant...
  • Increased Business Meal Deductions for 2021 and 2022

    Article Highlights: Business Meals Under TCJA 100% Deduction for 2021 and 2022 Qualifications  If you recall, the Tax Cuts and Jobs Act (TCJA), ...
  • What Are the Tax Advantages of Home Ownership?

    Article Highlights:  Historically Low Interest Rates Purchase Costs Points Mortgage Payments Refinancing Property Taxes Inflation Gain Exclusion ...
  • How to Address Rising Tax Problems During COVID-19

    COVID-19 has caused the death of over 300,000 people. There have been nearly 19 million reported cases in the United States. COVID-19 has touched ...
  • Finally, the COVID Relief Package Is Law

    Article Highlights Additional 2020 Recovery Rebates  Paycheck Protection Program (PPP) Loans & Small Business Support  Clarification of Tax T...