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Hancock Askew is Proud to Announce the Promotion of Rebecca Mowen & Alfredo Reynoso to Partners; Samuel Evans and Robert Faust Promoted to Principals

Savannah, GA (April 7, 2021) – Hancock Askew & Co., LLP, a full-service audit, tax, accounting and advisory firm is proud to announce the promotion of Rebecca Mowen and Alfredo Reynoso to Partners and Samuel Evans and Robert Faust to Principals at the firm....

Restaurant Revitalization Fund

We are reaching out today because we want to make sure you are aware of the opportunity that this fund may present for you and your...

TOP FIVE PPP FAQS

The Paycheck Protection Program (PPP) loan process has become increasingly complicated as new guidance and enhancements to the program have been announced. Not only does the...

WHAT INDIVIDUALS NEED TO KNOW ABOUT THE AMERICAN RESCUE PLAN ACT

The American Rescue Plan Act of 2021 (ARPA), signed into law by President Biden on March 11, 2021, provides additional major relief to individuals and businesses that continue...

IRS Announces Individual Tax Deadline Extension

For the second year in a row, the federal income tax filing due date for individuals has been postponed. The postponements come as a part of the fallout of the coronavirus pandemic and the legislation that has resulted from it, which has added complexity...

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...

GENERAL ASPECTS OF 2021 FINAL REGULATIONS ON DEDUCTION OF BUSINESS INTEREST EXPENSE

On January 5, 2021, Treasury and the IRS issued a second set of final regulations on the deduction of business interest expense (the 2021 final regulations) that provide...

2021 Wayfair Update: The Audits Are Coming

By Brandon McCafferty, JD/MBA Senior Manager On June 21, 2018, in South Dakota v. Wayfair Inc., the Supreme Court ruled that South Dakota could compel out-of-state...

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...

Employee Retention Payroll Tax Credit

We’d like to inform you of a possibly significant tax credit expanded to many businesses under the “COVID-19 Bill” recently passed by Congress. An employee retention...

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