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Reminder Tax Season officially opens Friday, February 12th!

Reminder Tax Season officially opens Friday, February 12th!

by angieduran | Feb 9, 2021 | Uncategorized

As you get ready to file your 2020 tax return, you should start by gathering your records. Gather all year-end income documents to help ensure you file a complete and accurate 2020 tax return and avoid refund delays. You should have all necessary records handy, such...
Many tax amounts affecting businesses have increased for 2021

Many tax amounts affecting businesses have increased for 2021

by angieduran | Feb 8, 2021 | Uncategorized

A number of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2021. Some stayed the same due to low inflation. And the deduction for business meals has doubled for this year after a new law was enacted at the end...
Prevent presenteeism with clear policies, good benefits

Prevent presenteeism with clear policies, good benefits

by angieduran | Feb 6, 2021 | Uncategorized

The problem of presenteeism isn’t new. It has been estimated as costing U.S. employers more than $150 billion annually, according to “the American Productivity Audit,” a 2019 phone survey of 29,000 adult employees by a Pennsylvania health system. And that was before...
The cents-per-mile rate for business miles decreases again for 2021

The cents-per-mile rate for business miles decreases again for 2021

by angieduran | Feb 1, 2021 | Uncategorized

This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business decreased by one-and-one-half cents, to 56 cents per mile. As a result, you might claim a lower deduction for vehicle-related expenses for 2021...
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  • What tax documents can you safely shred? And which ones should you keep?

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