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Year-end tax planning ideas for your small business

Now that Labor Day has passed, it’s a good time to think about making moves that may help lower your small business taxes for this year and next. The standard year-end approach of deferring income and accelerating deductions to minimize taxes will likely produce...
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Hancock Askew & Co. is Excited to Announce the Appointment of Angela Krebs as Chief Operations Officer and the Selection of a Partner-Led Executive Committee

Savannah, GA (September 26, 2022) – Hancock Askew & Co., LLP, a full-service tax, audit, accounting and advisory firm is excited to announce that Angela Krebs...
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Hancock Askew & Co. is Excited to Announce, John Lowell, Director of Risk Advisory has Joined the Firm

Miami, FL (August 31, 2022) – Hancock Askew & Co., LLP (HAC), a full-service audit, tax, accounting and advisory firm is proud to announce the hire...
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IRS provides broad penalty relief for some 2019, 2020 returns

The IRS on August 23, 2022, announced it will grant automatic penalty relief for late-file penalties imposed with respect to certain returns required to be filed...
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Why an LLC might be the best choice of entity for your business

The business entity you choose can affect your taxes, your personal liability and other issues. A limited liability company (LLC) is somewhat of a hybrid entity in that it can be structured to resemble a corporation for owner liability purposes and a partnership for...
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Home sweet home: Do you qualify for office deductions?

Home sweet home: Do you qualify for office deductions? If you’re a business owner working from home or an entrepreneur with a home-based side gig, you...
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Self-employed? Build a nest egg with a solo 401(k) plan

Do you own a successful small business with no employees and want to set up a retirement plan? Or do you want to upgrade from a...
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Inflation Reduction Act of 2022 – Summary Guide

On August 16, President Biden signed the Inflation Reduction Act (IRA) into law. The enormous bill—clocking in at 725 pages—contains a wide range of provisions and...
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Hancock Askew & Co. Named Among Accounting Today’s “Best Accounting Firms to Work for”

Hancock Askew & Co. LLP (Hancock Askew) is excited to announce that the firm was recently named as one of the 2022 “Best Accounting Firms to...
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Cryptocurrencies – Speed Up or Get Out of the Way

By: Craig Armstrong, CPA – Miami Office Managing Partner With the advances in technology and access to information, many expect our collective knowledge to soon be...
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