Tax Planning for the 2021 Year End

Tax Planning for the 2021 Year End

The year 2022 – it still sounds like a long way away, but it’s barely 30 days at this point. You’re probably thinking you still have at least three or four months before needing to deal with your 2021 tax return; however, the fourth quarter is the best time for...
Build Back Better bill – a summary

Build Back Better bill – a summary

President Biden’s Build Back Better bill, the latest proposal in what is now a long series of new tax legislation enacted over the past 18 months, is still not across the finish line as of the time of this writing. Approximately half a dozen moderate House Democrats...
Tax Proposals by Biden-Harris Administration

Tax Proposals by Biden-Harris Administration

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...
Knoxville CPA on the rise – Daniel Dawson

Knoxville CPA on the rise – Daniel Dawson

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...
2021 American Rescue Plan Act – breaking it down

2021 American Rescue Plan Act – breaking it down

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...
Top 7 Tax-Saving Strategies to Consider This Tax Season

Top 7 Tax-Saving Strategies to Consider This Tax Season

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...

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