Resources & Insights

Categories

Tax breaks for businesses and self-employed taxpayers

As the 2021 tax filing season progresses, small businesses and self-employed taxpayers should make certain they are taking advantage of all of the tax deductions and opportunities available to them on their 2021 federal income tax returns. Tax savings increases after-tax cash flow and...
Arrow

Establish a tax-favored retirement plan

If your business doesn’t already have a retirement plan, now might be a good time to take the plunge. Current retirement plan rules allow for significant...
Arrow

When can you deduct business-related meals and how much can you deduct?

The Tax Cuts and Jobs Act (TCJA) permanently eliminated deductions for most business-related entertainment expenses paid or incurred after 2017. For example, you can no longer...
Arrow

TOP FIVE WORKPLACE COMPENSATION AND BENEFITS TRENDS

Many employers are giving employees greater flexibility to work alternative schedules, including hybrid arrangements (i.e., some in-person and some remote work) or continuing to work entirely...
Arrow

CARES Act vs American Rescue Plan Act Funding

With the enactment of the Coronavirus State Fiscal Recovery Fund and the Coronavirus Local Fiscal Recovery Fund (Coronavirus Recovery Fund) established under the American Rescue Plan Act (ARPA) on May 10, 2021, the U.S. Department of the Treasury has made available $350 Billion to...
Arrow

American Rescue Plan Act Signed into Law

The American Rescue Plan Act (ARPA) was signed into law by President Biden on March 11, 2021. Read on below for the details on the provisions...
Arrow

SBA Issues Guidance on How to Apply for More PPP Funds

The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (Economic Aid Act or Act), signed into law on December 27, 2020 as a part...
Arrow

Form-1099 Engagements Information Guide

How do I gather information to issue a 1099? Collect the following form from vendors: IRS Form W-9 Complete this vendor template. Submit to Hancock Askew...
Arrow

The Holiday Checklist for Businesses

Prepared by Lindsey Little, CPA – Manager It’s that time of year again – the Thanksgiving grocery lists are getting written, children are starting their Santa wish-lists, and retail...
Arrow

Chatham County Opportunity Zone Program

As a part of the Tax Cuts and Jobs Act, Congress has created a new program to encourage investment in disadvantaged communities across the country called...
Arrow

Stay up-to-date

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

Savannah
Atlanta
Augusta
Miami
Tampa
Jacksonville