Expansion and Extension of Employee Retention Credit

  • February 24, 2021

Expansion and Extension of Employee Retention Credit The Consolidated Appropriations Act of 2021 passed by Congress in late December 2020 expands and extends the employee...

Change in Tax Deductions for Business Meal Expenses to Help Struggling Dining Industry

  • January 6, 2021

For calendar year’s 2021 and 2022, the new COVID-19 relief package, formally known as the Consolidated Appropriations Act, will make major...

COVID-19 Relief Bill

  • December 28, 2020

COVID-19 Relief Bill The bill includes another round of direct stimulus payments and more relief for businesses impacted by COVID-19. The...

What You Should Know About the SolarWinds Hack

  • December 14, 2020

By Chris Griesemer I follow Kim Zetter (@KimZetter) on Twitter.  She is a cybersecurity journalist and gave a good explanation of...

IRS cybersecurity

Will Expenses Paid with PPP Loans be deductible?

  • November 19, 2020

On November 18, the U.S. Treasury Department and Internal Revenue Service (IRS) released guidance for businesses that received Paycheck Protection Program (PPP) loans...

IRS Inflation Adjustments for 2021

  • November 13, 2020

The IRS has recently released their inflation adjustments for the tax year 2021. More than 60 tax provisions were revised including...

dodd-frank-section-1071

Tax Planning Strategies for Businesses

  • November 13, 2020

As 2020 draws to a close, there is still time to reduce your 2020 tax bill and plan ahead for 2021....

Tips for Businesses to Manage Social Media Risk

  • October 27, 2020

Social media is a major part of a business marketing plan. It allows businesses to interact with customers, target advertising efforts,...

taxation-digital-cryptocurrencies

Mobile Device Security Threats are on the Rise

  • September 17, 2020

Mobile device security threats are on the rise. In 2019, Kaspersky detected almost 3.5 million pieces of malicious installation packages on...