by apexcpas | Sep 17, 2021 | Tax Planning
The last 18 months or so have brought a whole new level of intensity to the word burnout. Burnout as defined by Merriam-Webster is the “exhaustion of physical or emotional strength or motivation usually as a result of prolonged stress or frustration”. An ongoing...
by apexcpas | Aug 26, 2021 | Tax Planning
Have you ever listened to the news, or someone advising you to buy or sell an asset based on current market conditions? Reacting irrationally to major news or disruptions in the economy can create volatility that can have a significant impact on your net worth....
by apexcpas | Jun 2, 2021 | Business Strategies
The Taxpayer Certainty and Disaster Tax Relief Act of 2020 temporarily increased the deduction of business meals from 50 percent to 100 percent for 2021 and 2022. This deduction applies to food and drink provided by restaurants. In this instance a “restaurant” is...
by apexcpas | May 11, 2021 | Business Strategies
On March 11th 2021 the American Rescue Plan Act created a $28.6 billion fund for restaurants called Restaurant Revitalization Fund (RRF). This fund is set to provide grants to restaurants and other eligible businesses by providing grants equal to their financial loss...
by apexcpas | Apr 14, 2021 | Business Strategies
The Employee Retention Credit (ERC) has been updated for 2021 and is available to businesses whose 2021 1st and/or 2nd quarter sales are at least 20% lower than the same quarter in 2019. The Employee Retention Credit credit is filed on your payroll tax return...