Is It Time to Take Your Clients to Lunch?

Is It Time to Take Your Clients to Lunch? Restaurants have finally opened for business. So, what are you waiting for? For the first time since 1993, small business owners may claim a 100% tax deduction on business-related meals purchased from restaurants!The...

Tax Extensions for 2020 Taxes and a Tax Tip

Tax Extensions for 2020 Taxes and a Tax Tip The IRS has just extended the tax filing deadline to May 17th for tax year 2020. To avoid penalties, send your return by the due date. If you owe money, mail your payment on or before the deadline.You can always file for an...

Can Joe Biden Implement His Tax Plan?

Can Joe Biden Implement His Tax Plan? Two months ago, we presented an article concerning incoming President Biden’s tax plan. Although we knew his tax goals, it is difficult to predict what will pass through Congress and become law. This is why we refrain from...

Should You Hire a Tax Professional?

Should You Hire a Tax Professional? Have you been filing your own taxes via tax software? Do you have a tax plan in place that minimizes your tax liability? Are you aware that millions of Americans over-pay their taxes? Often it takes missing just one deduction to...

A Look at Joe Biden’s Tax Plan

A Look at Joe Biden’s Tax Plan As of this writing, Joe Biden has yet to have been officially declared president elect, however, there is little doubt that he will be sworn in as president later this month. That being said, Joe Biden’s ability to get his tax proposals...