employee education assistance

Many businesses provide education fringe benefits so their employees can improve their skills and gain additional knowledge. An employee can receive, on…

Beginning Jan. 1, 2021, through Dec. 31, 2022, businesses can claim 100% of their food or beverage expenses paid to restaurants as…

Updated IRS Tax Filing Deadline 2021

On March 17, the Internal Revenue Service announced that the federal tax-filing deadline is postponed from April 15 to May 17, 2021.

The American Rescue Plan Act, signed into law on March 11, provides a variety of tax and financial relief to help mitigate…

business highlights in new american rescue plan bill

President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March 11. While the new law is best known for…

Estimated Payments 2021

Even though the deadline for filing your 2020 federal individual tax return has changed to May 17, the deadline for the first…

work opportunity tax credit

Are you a business owner thinking about hiring? Be aware that a recent law extended a credit for hiring individuals from one…

Many people are more concerned about their 2020 tax bills right now than they are about their 2021 tax situations. That’s understandable…

business cost per mile

This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business decreased by one-and-one-half…

The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) reopened the week of January 11. If you’re fortunate to get…