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... 
by Todd Culpepper | Jun 29, 2020
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... 
by Todd Culpepper | Jun 22, 2020
Last month’s blog covered the details of the Paycheck Protection Program (PPP) Loan – a specific part of House Resolution 748 – the Coronavirus Aid, Relief, and Economic Security (CARES) Act. To no surprise, there was some additional follow-up legislation regarding... 
by Todd Culpepper | May 21, 2020
In a normal world, laws and guidance associated with federal and state taxation with clearly defined rules and guidelines are already difficult enough to interpret. But as with many things in this COVID-19 impacted world, “normal” is now out the window, even when it... 
by Todd Culpepper | May 6, 2020
We at Culpepper CPA understand that these unprecedented times are challenging for people all over the world. Multiple deadlines have been extended to alleviate financial stress on Americans, as well as to reduce contact between individuals until we know more about the... 
by Todd Culpepper | Apr 13, 2020
While there are still some things up in the air right now, we wanted to follow up on our previous blog, which you can read here, to provide an update and add some clarity to the recent Coronavirus-related tax legislation that has been enacted in attempts to help... 
by Todd Culpepper | Mar 19, 2020
In the midst of a pandemic, we know that taxes are likely the last thing you want to think about. But in unprecedented and somewhat frightening times like these, tax legislation is one of the most frequently used tools for economic stimulus. So let us extend some... 
by Todd Culpepper | Mar 16, 2020
Think it’s too late to lower your taxes? Think again! Here are 7 tax tips to help you lower your taxes, save money when preparing your tax return, and avoid tax penalties. 1. Contribute to your retirement accounts. If you haven’t already done so for 2019, make sure... 
by Todd Culpepper | Mar 2, 2020
Often times, new entrepreneurs will focus on trying to drive profit and profit margins very early on. Does that sound like you? The bottom line is certainly important. But it might be time to refocus your priorities. Top-line, bottom-line. They’re terms that are... 
by Todd Culpepper | Feb 12, 2020
Running your own small business is hard enough. We’ve written down some of our best tax-saving strategies so you can get the best for your business when tax season comes around. Start saving for your retirement. We get it: being an entrepreneur is a huge...
