by angieduran | Feb 16, 2021 | Uncategorized
Merger and acquisition activity in many industries slowed during 2020 due to COVID-19. But analysts expect it to improve in 2021 as the country comes out of the pandemic. If you are considering buying or selling another business, it’s important to understand the tax...
by angieduran | Feb 12, 2021 | Uncategorized
The U.S. Department of Labor (DOL) recently announced the 2021 annual adjustments to civil monetary penalties for a wide range of benefits-related violations. Legislation enacted in 2015 requires annual adjustments to certain penalty amounts by January 15 of each...
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...
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...
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...
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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