Tax Organizer
We have put together a tax organizer to make your preparation as easy as possible.
Meet Our Team
Our team of Knoxville CPAs and accounting professionals would be delighted to make your life easier.
Services
Culpepper CPA is a full-service tax, accounting, and business advisory firm based in Knoxville, Tennessee.
Blog
The Culpepper CPA blog is where we share our expertise, as well as news, best practices, and personal and business finance tips.
2021 American Rescue Plan Act – breaking it down
by Mary Gray | April 30, 2021 | Accounting, Investments, Payroll, Strategic Planning, Tax Preparation | 0 Comments
The American Rescue Plan (ARPA) was signed by President Biden on March 11, 2021, making it the fourth Act signed into effect since the pandemic began a little over a year ago. While the Acts have been beneficial to the majority of taxpayers, the ever-changing...Employee Retention Credit – ERC
by Leigh Anne Joseph | March 12, 2021 | Uncategorized | 0 Comments
More money in your pocket for paying wages to employees. Businesses could be eligible to claim up to $19,000 per employee if they meet certain qualifications. We have written a lot over the last year about the new legislation that came out of the COVID-19...Self-Employed? – Not to worry, the Qualified Sick and Family Leave Credit might be available for you too!
by Michael Thomas | February 9, 2021 | Uncategorized | 0 Comments
At this point, most business owners have heard of the Paycheck Protection Program (PPP). Millions have benefitted from this program, and some even got a second bite at the apple in early 2021 with the PPP Second Draw loan program. But as congress scrambled in 2020 to...Culpepper’s Annual Year-in-Review
by Todd Culpepper | December 18, 2020 | Uncategorized | 0 Comments
2020 has been nothing short of memorable. At Culpepper, we have a tradition of reflecting on our year before we move ahead into the next. We sat down with our team and asked them to review this past year. We can all agree that 2020 has been a little crazy....What do Biden’s tax proposals mean for YOU?
by Todd Culpepper | December 2, 2020 | Uncategorized | 0 Comments
As election season comes to an end, it’s a good time for us to look at what President-Elect Joe Biden’s tax proposals mean for Americans. We’ll stick to the facts and keep our opinions out of it! There’s been a lot of talk surrounding Biden’s plan to raise taxes on...Working from Home & Tax Nexus
by Todd Culpepper | October 19, 2020 | Uncategorized | 0 Comments
In the months since COVID-19 has taken our country by storm, thousands of Americans have transitioned to working at home. It has caused many companies to introduce or expand a remote work policy for their employees. “Nexus” is a term used to describe a situation in...Explanation of the COVID-19 Payroll Tax Deferral Executive Order
by Todd Culpepper | September 11, 2020 | Uncategorized | 0 Comments
On August 8, 2020, President Trump issued an executive memorandum to benefit taxpayers amid COVID-related financial turmoil. This order called for a deferral of the employee portion of Social Security tax (typically withheld at the rate of 6.2% of wages) – from...IRS Lists “Dirty Dozen” Tax Scams of 2020
by Todd Culpepper | August 11, 2020 | Uncategorized | 0 Comments
Every year, the IRS compiles a list of common tax scams plaguing taxpayers each year. In a recent Information Release, they have announced the 2020 version of their annual “Dirty Dozen” tax scams to look out for. This year, the “Dirty Dozen” list focuses on scams that...Are you missing out on a $250,000 tax credit?
by Todd Culpepper | July 28, 2020 | Uncategorized | 0 Comments
Consider this blog post a PSA: your qualified small business may be eligible to apply for up to $1.25 million (or $250,000 each year for five years) of the federal Research & Development (R&D) tax credit. This payroll tax election is intended to offset the...How to Protect Your Business from Cybercriminals
by Todd Culpepper | June 29, 2020 | Uncategorized | 0 Comments
With an abundance of time at home, newfound unemployment, and a volatile economy, cybercrime is at an all-time high. Not to mention – more information has been forced to go online than ever before, leaving citizens vulnerable to cybercriminals, who take advantage of...“I could not be more pleased with my experience at Culpepper CPA. We have been clients since 2015, and in that time they have prepared our business and personal income tax returns. Culpepper CPA has also been very helpful in advising us on payroll, estimated tax payments, and state tax matters. This firm has been a great fit for us because they offer a broad spectrum of technical expertise, and they are always responsive to our needs. Above all, we appreciate the individual attention Culpepper CPA provides to their clients.”
– Jennifer Phillips
“Leigh Anne Joseph has been my accountant for over 10 years and has helped guide us through personal taxes and the acquisition of a business. Prompt to answer any questions. Can not say enough about the personal service we receive. I highly recommend her services.”
– Brian Kline
“I have used Culpepper CPA firm for several years and I CANNOT say enough good things about them. I heard a wise man say one time “People don’t care HOW much you know, until they know HOW much you care”. This describes Todd & Amber Culpepper & their entire staff…100%.”
– Butch Hofferbert
“I’m very satisfied with the services I have received with Todd Culpepper’s office. I would recommend this business to anyone that needs personal or business tax assistance. Todd has provided a truly professional service for all of my accounting/tax needs from my personal federal tax return preparations to my small business tax needs (Preparations of 1099s, 1040s, TN Franchise & Excise Tax Returns, Business License Fees, etc) and all at a reasonable price. Not only do my tax savings justify the cost of having a professional on my side, but I am afforded more time to focus on my business and concentrate on what I do best!”
– Travis Keller
“I wanted to share my thoughts on how beneficial Todd and Culpepper CPA have been to my company and myself over the last 5 years. I came to Todd having been very negligent concerning my company, personal and all related tax needs. Todd and his staff not only helped me address and properly deal with my needs but laid out a positive and encouraging “game plan” to stay that way. I knew I had many issues which to me seemed very complex and overwhelming but they made it very clear, easy to follow and address. They also have tremendous resources to connect to all related financial matters. I cannot begin to express my thanks and peace they have provided. The fact they are a faith based company truly is an answer to prayer.”
– Michael Tucker
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