by DhallaCPA | Dec 5, 2021 | Tax Tips
The Employee Retention Credit (ERC) was a valuable tax credit that helped employers survive the COVID-19 pandemic. A new law has retroactively terminated it before it was scheduled to end. It now only applies through September 30, 2021 (rather than through December...
by DhallaCPA | Dec 5, 2021 | Tax Tips
The holiday season is upon us! At this time of year, your business may want to show its gratitude to employees and customers by giving them gifts or hosting holiday parties again after a year of forgoing them due to the pandemic. It’s a good time to brush up on the...
by DhallaCPA | Nov 5, 2021 | Tax Tips
Do you have a tax-saving flexible spending account (FSA) with your employer to help pay for health or dependent care expenses? As the end of 2021 nears, there are some rules and reminders to keep in mind. An account for health expenses A pre-tax contribution of $2,750...
by DhallaCPA | Oct 21, 2021 | Tax Tips
If you use an passenger automobile for your business, you may wonder how depreciation tax deductions are determined. The rules are complicated, and special limitations that apply to vehicles classified as passenger autos (which include many pickups and SUVs) can...
by DhallaCPA | Oct 5, 2021 | Tax Tips
Here are some of the key tax-related deadlines affecting businesses and other employers during 2021 Q4. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable...
