As the events of the COVID-19 pandemic evolve, we are continuing to adapt to the changing tax landscape and world events. We are continually evolving to ensure that we do what is in the best interest of our clients, staff and community.
In order to keep our clients informed of the rapidly changing tax and business landscape we have developed a COVID-19 Resource Center to communicate important information, timely and accurately.
We strongly encourage you to leverage our expertise during these trying times. We have a deep understand and broad view of the economic climate which can add significant value during these uncertain times. We are committed to assisting you in successfully managing through the rapidly changing economic environment.
Tax Planning Tools
Since our primary focus is on planning, we develop a variety of planning tools to help you through out the year. Here is our most recent current tax development to help with your planning.
The best choice of entity can affect your business in several ways, including the amount of your tax bill. In some cases, businesses decide to switch from one entity type to another. Although S corporations can provide substantial tax benefits … Continue reading
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 … Continue reading