by Brian Hare, CPA, CGMA | Nov 17, 2021 | Tax
With Thanksgiving just around the corner, the holiday season will soon be here. At this time of year, your business may want to show its appreciation to employees and customers by giving them gifts or hosting holiday parties again after a year of forgoing them due to...
by Paula Kennedy, EA | Nov 11, 2021 | Tax
As we approach the holidays, many people plan to donate to their favorite charities or give money or assets to their loved ones. Here are the basic tax rules involved in charitable contributions and gifts. Donating to charity Normally, if you take the standard...
by Paula Kennedy, EA | Jan 7, 2021 | COVID-19, Tax
The new COVID-19 relief law that was signed on December 27, 2020, contains a multitude of provisions that may affect you. Here are some of the highlights of the Consolidated Appropriations Act, which also contains two other laws: the COVID-related Tax Relief Act...
