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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 tax credit was first introduced in March 2020 under the Coronavirus Aid, Relief, and Economic Security Act or CARES...

Hancock Askew & Co. is Proud to Announce the Promotion of Joel Stettler to Principal

Jacksonville, FL (January 7, 2021) – Hancock Askew & Co., LLP, a full-service tax, audit, accounting and advisory firm is proud to announce that Joel Stettler...

Year-end 2020 May Not Be the “same as Last Year” for Payroll Taxes and Compensation and Benefits

As 2020 draws to a close, we would like to remind you that this year-end may not be the same as 2019 when it comes to...

New Stimulus Package Passed December 27, 2020

On December 27, 2020, the President signed the Consolidated Appropriations Act, 2021, a massive tax, funding, and spending bill that contains a nearly $900 billion coronavirus...

Hancock Askew is Honored to be Named one of the 2020 Best and Brightest Companies to Work For in Miami

December 15th 2020 — Hancock Askew is honored to be named one of The 2020 Best and Brightest Companies To Work For in Miami by the National Association for Business Resources. The National Association for Business Resources 2020 winners announced and honored the newest...

Legislation Update: New COVID-19 Stimulus Package

Last night, Congress approved a new stimulus package for businesses and individuals in an effort to provide additional COVID-19 relief. This bill is expected to be signed...

KEYS TO YEAR-END TAX SAVINGS FOR BUSINESSES

Whatever 2021 holds, these tips can help lower your tax liability 2020 has been an unpredictable year. Businesses have faced all-encompassing challenges ranging from protecting employee...

FORGIVENESS OF PPP LOANS MAY REDUCE R&D CREDIT

The forgivable loan program known as the Paycheck Protection Program (PPP) was established by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide financial resources to small...

YEAR-END TAX PLANNING UNDER A BIDEN PRESIDENCY

On November 7, the Associated Press called the presidential election for former Vice President Joe Biden. The House of Representatives will remain under Democratic control, but control...

ELECTION OUTCOME UPDATE: TAX POLICY POST-2020 ELECTION

We now know the results for the White House (pending the final vote count and resolution of legal challenges) and House of Representatives races, which possibly...

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