- Our Firm
- Services
- Tax & Accounting
- Corporate Income Tax
- Individual Income Tax
- Passthrough Income Tax
- Estate, Trust & Gift Tax
- State and Local Tax (SALT)
- International Tax
- High-Net Worth Tax Support
- State Income Tax
- Property Tax
- Payroll Tax
- Sales and Use Tax
- Economic Development & Business Incentives
- Tax Planning & Projections
- Client Accounting & Advisory Services (CAAS)
- Concierge Advisory and Accounting
- Cost Segregation Studies
- Family Office Accounting
- Audit & Attestation
- Advisory
- Tax & Accounting
- Our Specialties
- Resources & Insights
- Careers
- Contact Us
- Client Login
Resources & Insights
What types of expenses can’t be written off by your business?
If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically listed. For example, the tax law doesn’t explicitly state that you can deduct office supplies and certain other expenses....
Update on depreciating business assets
The Tax Cuts and Jobs Act liberalized the rules for depreciating business assets. However, the amounts change every year due to inflation adjustments. And due to...
IRS announces tax relief for those impacted by Idalia in Florida
The Internal Revenue Service today announced tax relief for individuals and businesses affected by Idalia in parts of Florida. Taxpayers affected by the storm that began...
The advantages of using an LLC for your small business
If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company (LLC) to protect your assets. Or...
Use an S corporation to mitigate federal employment tax bills
If you own an unincorporated small business, you probably don’t like the size of your self-employment (SE) tax bills. No wonder! For 2023, the SE tax is imposed at the painfully high rate of 15.3% on the first $160,200 of net SE income. This...
Corporate officers or shareholders: How should you treat expenses paid personally?
If you play a major role in a closely held corporation, you may sometimes spend money on corporate expenses personally. These costs may end up being...
Traveling for business this summer? Here’s what you can deduct.
If you and your employees are traveling for business this summer, there are a number of considerations to keep in mind. Under tax law, in order...
If you’re hiring independent contractors, make sure they’re properly handled
Many businesses use independent contractors to help keep their costs down — especially in these times of staff shortages and inflationary pressures. If you’re among them,...
The tax advantages of hiring your child this summer
Summer is around the corner so you may be thinking about hiring young people at your small business. At the same time, you may have children...
Retirement saving options for your small business: Keep it simple
If you’re thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial commitment and administrative burdens involved, there...
Downloads and Guides
Click the links below to view a variety of brochures breaking down vital information, compiled by our experts.
- Sales and Use Tax Services
- Risk Assurance and Advisory Services
- Record Retention Guide
- Valuations & Transactions
- Tax Services for Executives & Professionals
- Tax Reform & Individuals
- Tax Compliance & Consulting
- System and Organization Controls (SOC)
- Risk Assurance & Advisory
- Real Estate Construction Development
- Manufacturers & Distributors
- Internal Audit
- High Net Worth Tax Support
- Healthcare
- Transportation & Logistics
- Employee Benefits Plan Audits
- Financial Statement Audit Services
- Financial Institution Services
- Estate Planning
- Cost Segregation Studies
- Business Services Group
- A Day in the Life of an Internal Auditor
- Hancock Askew – Executive Overview
Helpful Links
- The Ledger @ Hancock Askew
- National Association of Certified Valuators and Analysts
- Georgia Society of CPA’s
- American Institute of Certified Public Accountants
- Public Company Accounting Oversight Board
- SBA – United States Small Business Administration
- QuickBooks
- Georgia Department of Labor
- South Carolina Department of Revenue
- Georgia Department of Revenue
- Online Registration of GA Corporations, Partnerships, and LLCs
- IRS – Federal Tax Forms and Information
- File Sharing
- BDO Alliance
Stay up-to-date
Remain informed and connected. Follow us and join our mailing list.
An independent member of the BDO Alliance | Hancock Askew & CO, LLP ©2019.All Rights Reserved.
Hancock Askew & Co, LLP is committed to complying with the Americans with Disabilities Act (ADA) and Web Content Accessibility Guidelines (WCAG 2.0 AA). For more information or if you need assistance, please contact marketing@hancockaskew.com.