by Leigh Anne Joseph | Jul 29, 2021
Do you have a child under the age of 18? 40% of the U.S. population does! If you are in that group, how does an increased child tax credit sound? Below, we discuss what changes are in store for the upcoming tax year that could impact your tax return. It is expensive... 
by Michael Thomas | Jun 29, 2021
Now that the new administration has started to outline some of its key proposals, we want to tell you about some of those proposals that are tax-specific in nature. Shortly after the election, we wrote about some of then President-Elect Biden’s tax plans. With more... 
by Todd Culpepper | May 26, 2021
From time to time here at Culpepper CPA, we like to highlight the achievements of some of our own. It’s also an opportunity to give our clients some background on the professionals that serve them day in and day out. This post introduces you to a Knoxville CPA that is... 
by Mary Gray | Apr 30, 2021
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... 
by Leigh Anne Joseph | Mar 12, 2021
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... 
by Michael Thomas | Feb 9, 2021
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... 
by Todd Culpepper | Dec 18, 2020
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.... 
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...
