Adjust to Pandemic Tax Rule Rollbacks
It’s hard to believe a little over a year ago the COVID 19 pandemic hit everyone. As things slowly turn back to normal, you need to be ready for the normalizing of the tax rules…
Read More...Alloy Silverstein’s articles and insights are updated weekly. Stay tuned for the latest tips and news on managing your business, the latest tax law, preventing fraud, preparing your taxes, and more.
It’s hard to believe a little over a year ago the COVID 19 pandemic hit everyone. As things slowly turn back to normal, you need to be ready for the normalizing of the tax rules…
Read More...Last month, the American Rescue Plan Act designated $28.6 billion for restaurants and other food and beverage businesses as we work to recover from the COVID-19 pandemic. Just this week the SBA released the final…
Read More...While many businesses struggled through the pandemic, none more so than the restaurant industry. In an effort to aid these businesses, the Consolidated Appropriations Act introduced a 100% business meal deduction, formerly 50%. However, many…
Read More...The past year has had record-low interest rates. However, when you’re thinking of refinancing your home mortgage, simply comparing interest rates is not enough. Here are some other factors to consider before you refinance. Compare…
Read More...Each year standard mileage rates for business travel, medical driving, moving mileage and mileage rates for charitable driving are set by the IRS. Current Mileage Rates Mileage Type 2020 2021 2022 Business miles 57.5¢…
Read More...Thanks to recent legislation, the whirlwind of tax changes just keeps going. Now if you have children 17 or under there is a new, higher child tax credit in place for 2021. Here is what…
Read More...The same factors that we’ve been dealing with for the past 12 months during the pandemic can also create an opportunity if you are considering starting a small business. Problems create opportunity For one thing,…
Read More...The passage of the American Rescue Plan Act of 2021 set aside nearly $30 billion in funds to create the Restaurant Revitalization Fund (RRF). Since the food and beverage industry has been devastated by this…
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