by Todd Culpepper | Dec 2, 2020
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...
by Todd Culpepper | Oct 19, 2020
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...
by Todd Culpepper | Sep 11, 2020
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...
by Todd Culpepper | Aug 11, 2020
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...
by Todd Culpepper | Jul 28, 2020
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...
