Businesses Should Review Sales Tax Laws

Businesses Should Review Sales Tax Laws

It’s been more than two years since the U.S. Supreme Court ruled in South Dakota v. Wayfair that states may require out-of-state sellers to collect sales and use tax even if they lack a physical presence in a state. Since that time, most states that have a sales tax...
No Tax Deductions for PPP Loan Expenses

No Tax Deductions for PPP Loan Expenses

To stop Paycheck Protection Program (PPP) loan participants from claiming deductions and then later getting forgiveness for eligible PPP loan expenses, like payroll and rent, the IRS has issued Revenue Ruling 2020-27. As a result of this ruling, borrowers who have...
Do You Know the “Hidden” Advantage of HSAs?

Do You Know the “Hidden” Advantage of HSAs?

A Health Savings Account (HSA) coupled with a high-deductible health plan can be a powerful tool for funding medical expenses on a tax-advantaged basis. For 2020, individuals with self-only coverage can make up to $3,550 in tax-deductible contributions to an HSA,...
Catching Up on Catch-Up Contributions

Catching Up on Catch-Up Contributions

When it comes to retirement planning, many people tend to focus on two things: opening a retirement savings account and then eventually drawing funds from it. However, there are other important aspects to truly doing everything you can to grow your nest egg. One of...

    Your Name (required)

    Your Email (required)

    Your Message

    Are you human?


    T: 800.658.9077
    E: info@hawkinsashcpas.com

    Locations

      Your Name (required)

      Your Email (required)

      Your Message

      Are you human?


      T: 800.658.9077
      E: info@hawkinsashcpas.com

      Locations