by Stephen Griffin | Feb 27, 2023 | Tax Accounting
New Rules, Same Ways to Reduce Your Tax Bill With new and changing laws every year, it is increasingly easy for taxpayers to overlook deductions and credits that may reduce their tax liability. This year, we want to highlight the American Plan Rescue Act of 2021—which...
by Stephen Griffin | Jan 17, 2022 | Tax Accounting
Take Advantage of Health Savings Accounts for Retirement Savings A health savings account (HSA) is a specialized savings account to help save and pay for medical expenses for someone who has a high-deductible health plan, but with some thoughtful planning, an HSA can...
by Jessica Benjamin | Apr 14, 2021 | Accounting for Business, Accounting for Small Business, Tax Accounting
IRS Allows Temporary Increase in Food Tax Deductions to Support the Restaurant Industry In an effort to support the restaurant industry struggling through the pandemic, the Consolidated Appropriations Act (CAA) was enacted December 27, 2020, includes temporary changes...
