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...
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...