Resources & Insights

Categories

Many tax limits affecting businesses have increased for 2023

An array of tax-related limits that affect businesses are indexed annually, and due to high inflation, many have increased more than usual for 2023. Here are some that may be important to you and your business. Social Security tax The amount of employees’ earnings...
Arrow

Answers to your questions about 2023 limits on individual taxes

Many people are more concerned about their 2022 tax bills right now than they are about their 2023 tax situations. That’s understandable because your 2022 individual...
Arrow

Hancock Askew Finds Key to Consistency, Scalability with ADP®

Our Client Accounting & Advisory Services (CAAS) Group Leaders, Kristen Brand and Rebecca Thiel, share with Accounting Today how a partnership with ADP® has allowed the...
Arrow

Hancock Askew & Co. is Excited to Announce, William Scarborough, Tax/SEC Director, has Joined the Firm  

Savannah, GA (January 31, 2023) – Hancock Askew & Co., LLP (HAC), a full-service audit, tax, accounting, and advisory firm, is proud to announce the hire...
Arrow

Save for retirement by getting the most out of your 401(k) plan

Socking away money in a tax-advantaged retirement plan can help you reduce taxes and help secure a comfortable retirement. If your employer offers a 401(k) or Roth 401(k), contributing to the plan is a smart way to build a substantial nest egg. If you’re...
Arrow

Tax-wise ways to save for college

If you’re a parent or grandparent with college-bound children, you may want to save to fund future education costs. Here are several approaches to take maximum...
Arrow

Employers should be wary of ERC claims that are too good to be true

The Employee Retention Credit (ERC) was a valuable tax credit that helped employers and kept workers on staff during the height of the COVID-19 pandemic. While...
Arrow

Secure 2.0 Act of 2022 Introduces Key Changes for Workplace Retirement Plans

The Consolidated Appropriations Act, 2023 (Public Law No. 117-328) that was signed into law on December 29, 2022, by President Joe Biden includes the SECURE 2.0...
Arrow

Do you qualify for the QBI deduction? And can you do anything by year-end to help qualify?

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is referred to as the...
Arrow

Answers to your questions about taking withdrawals from IRAs

As you may know, you can’t keep funds in your traditional IRA indefinitely. You have to start taking withdrawals from a traditional IRA (including a SIMPLE...
Arrow

Stay up-to-date

Remain informed and connected. Follow us and join our mailing list.

Savannah
Atlanta
Augusta
Miami
Tampa
Jacksonville