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New law doubles business meal deductions and makes favorable PPP loan changes Business

New law doubles business meal deductions and makes favorable PPP loan changes

The COVID-19 relief bill, signed into law on December 27, 2020, provides a further response…
January 5, 2021
The COVID-19 relief law: What’s in it for you? Individuals

The COVID-19 relief law: What’s in it for you?

The new COVID-19 relief law that was signed on December 27, 2020, contains a multitude…
January 5, 2021
President Trump (finally!) signs Consolidated Appropriations Act, 2021 BusinessCovid-19IndividualsIRSTax ReformTax Services

President Trump (finally!) signs Consolidated Appropriations Act, 2021

Just before midnight on December 21, 2020, the Senate passed the Consolidated Appropriations Act of…
Chris
ChrisDecember 28, 2020
Happy Holidays! Firm news

Happy Holidays!

Chris
ChrisDecember 22, 2020
The next estimated tax deadline is January 15 if you have to make a payment Individuals

The next estimated tax deadline is January 15 if you have to make a payment

If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated…
December 22, 2020
2021 Q1 tax calendar: Key deadlines for businesses and other employers Business

2021 Q1 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the…
December 22, 2020
Rightsizing your sales force Business

Rightsizing your sales force

With a difficult year almost over, and another one on the horizon, now may be…
December 17, 2020
Can you qualify for a medical expense tax deduction? Individuals

Can you qualify for a medical expense tax deduction?

You may be able to deduct some of your medical expenses, including prescription drugs, on…
December 17, 2020
Drive more savings to your business with the heavy SUV tax break Business

Drive more savings to your business with the heavy SUV tax break

Are you considering replacing a car that you’re using in your business? There are several…
December 15, 2020
IRA and Retirement Plan Limits for 2021 Employee Benefit PlansIRS

IRA and Retirement Plan Limits for 2021

by Matthew R. Baker, CPA, Partnermbaker@maillie.comSeveral IRA and retirement plan limits are indexed for inflation…
December 12, 2020
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  • Happy Holidays! December 22, 2020

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