IRS Green Lights 100% Meal Deduction at Restaurants
Increase in the 50% Deduction For 2021 & 2022 For a limited time, businesses can now deduct 100 percent of food or beverage purchases, up from the normal 50 percent. The move was…
Blog, Restaurants, Tax: Business Tags: Tax Reform, legislation
Increase in the 50% Deduction For 2021 & 2022 For a limited time, businesses can now deduct 100 percent of food or beverage purchases, up from the normal 50 percent. The move was…
Blog, Tax: Business Tags: Credits and Incentives
Employers May Deduct Cost A new tax incentive helps employers provide student loan repayment assistance to their workers, which ultimately could help businesses recruit or retain employees who are carrying…
Blog, Tax: Business Tags: Credits and Incentives, James Bailey, COVID-19, Business Survival, PPP
Advantage of Being Proactive in 2021 By James Bailey, CPA Businesses that have utilized both Paycheck Protection Program loans and the Employee Retention Tax Credit are in a unique position…
Blog, Tax: Business Tags: COVID-19, Business Survival
New Guidance Surrounding Economic Injury Disaster Loan Payments Small businesses and nonprofits that received COVID-19 Economic Injury Disaster Loans (EIDL) may defer making payments on the loans until 2022, the…
Blog, Tax: Individual, Tax: Business Tags: Tax Reform, Credits and Incentives, legislation, COVID-19, Business Survival, Susan Day
Tax Credits, Incentives & Provisions for Individuals & Businesses By Susan Day, CPA, CGMA The $1.9 trillion American Rescue Plan Act of 2021 (ARPA) – the latest COVID-19 relief bill…
Blog, Client Accounting Services, Tax: Business Tags: Data Analytics, COVID-19, Business Survival, Michelle Ryan
Envision the Future Using Real-time Data and Analysis By Michelle Ryan, CPA During tax season our thoughts naturally turn to, well, taxes. But this is a great time of year…
Blog, Paycheck Protection Program, Tax: Business Tags: Austin Coyan, Business Survival, PPP
New Guidance for Schedule C Filers By Austin Coyan, CPA, CFE The Small Business Administration (SBA) has released new guidance on how small business owners who report their income on…
Blog, Paycheck Protection Program, Tax: Business Tags: Austin Coyan, COVID-19, Business Survival, PPP
Changes Trickle out From Washington on PPP2 By Austin Coyan, CPA, CFE Earlier this week, the Biden-Harris Administration announced updates to the Paycheck Protection Program (PPP) that are aimed at…
Blog, Paycheck Protection Program, Tax: Individual, Tax: Business Tags: Tax Planning, COVID-19, Business Survival, Susan Day
PPP, CARES Act Incentives, Unemployment Fraud In the Mix By Susan Day, CPA, CGMA Tax season will bring numerous changes and challenges for individuals and businesses this year, in large…
Blog, Paycheck Protection Program, Tax: Business Tags: Austin Coyan, Business Survival, PPP
Further Guidance for Calculating Gross Revenue and Maximum PPP2 Loan Amounts By Austin Coyan, CPA, CFE After eligibility was expanded for a second round of PPP loans in late December,…
Auditors | Accountants | Consultants | CPAs – Adams Brown is a Certified Public Accounting firm serving high net worth individuals and businesses across the central United States, including Kansas and Arkansas offices in Wichita, Kansas City, Great Bend, Colby, Hays, McPherson, and Jonesboro (AR). The firm provides a variety of tax, audit, consulting, and advisory services to guide businesses toward their goals. Key industries served include agriculture, construction, government municipalities, professional services, and manufacturing. To help businesses recover from the COVID-19 pandemic, we provide a variety of consulting services including outsourced accounting, cash flow planning, and comprehensive tax review.