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Hancock Askew & Co. Announces the Launch of Abricto Security, an IT Security Consulting Firm
ATLANTA, GA (May 4, 2020) – Hancock Askew & Co., LLP, a full-service audit, tax, accounting and advisory firm announces the launch of Abricto Security, LLC. The new entity provides information security consulting and solution services with specializations in penetration testing and cloud security....
Care Act Aids Employers Who Continue to Pay Employees
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides two distinct and substantial employment tax benefits for certain employers under Sections 2301 and 2302 of...
All Employers Can Defer Employment Tax Deposits Until Paycheck Protection Program Loan is Forgiven
The IRS has issued frequently asked questions (FAQs) on the payroll tax deferral opportunity provided by the Coronavirus, Aid, Relief, and Economic Security (CARES) Act (Public...
Employers Can Immediately Provide Tax-Free Qualified Disaster Payments to Employees in Connection with COVID-19
Employers are scrambling to find ways to help their employees who are impacted by the novel coronavirus (COVID-19). Help is available. Now that COVID-19 has been...
Keeping American Workers Paid and Employed Act under the CARES Act
Prepared by: Stephen Leonard, CPA – Partner The Coronavirus Aid, Relief, and Economic Security Act; aka the “CARES Act” was signed by the President on March 27, 2020. This summary only addresses stimulus funding for business owners under the Keeping American Workers Paid and...
Hancock Askew & Co. Announces the Formation of Clarity Capital Advisors, a Corporate Strategic & Financial Advisory Firm
SAVANNAH, GA (February 27th, 2020) – Hancock Askew & Co., LLP, a full-service audit, tax, accounting and advisory firm announces the creation of Clarity Capital Advisors,...
Hancock Askew & Co. is Honored to Be Named One of the Best and Brightest Companies to Work for in the Nation in 2019
Hancock Askew & Co., LLP (Hancock Askew) has once again been named one of the Best & Brightest Companies to Work for in the Nation, a...
Setting Every Community Up for Retirement Enhancement (SECURE) Act
Highlights of spending package’s tax law changes The federal government spending package titled the Further Consolidated Appropriations Act, 2020, does more than just fund the government....
Excess business loss rule may be unfavorable to you
Sole proprietorships and pass-through entity structures, which include partnerships, S-corporations and certain limited liability companies (LLCs), provide owners with some valuable tax benefits, such as avoidance...
QBI Safe Harbor for Rental Real Estate Enterprises
The 20% qualified business income deduction (QBID) is a very beneficial, but complicated tax break that is available for qualifying business income. It allows pass-through entity...
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