by Heimlantz | Aug 27, 2021 | Professional Firms
This article discusses guidance on the Tax Cuts and Jobs Act pertaining to the general deduction of business entertainment expenses. Because of the guidance put out in 2020, “Taxpayers…must carefully follow the rules set out in the final regulations for substantiating...
by Heimlantz | Aug 13, 2021 | Construction
This article discusses how the recent surge of the Delta variant of the coronavirus pandemic has made things difficult for construction project managers and company owners. For example, topics such as mask mandates and proof of vaccination are causing managers to...
by Heimlantz | Aug 13, 2021 | Professional Firms
Too often CEOs of a company will procrastinate the succession of their company to the next generation. This may happen since the idea of retiring from a business can be too difficult to embrace. Another reason is if the CEO decides to hand off the reigns to the...
by Heimlantz | Aug 13, 2021 | The HeimLantz Advisor Newsletter, Uncategorized, Volume 6 Issue 2
Tax Due Dates for the Remainder 2021 September 15, 2021: Deadline for third-quarter estimated tax payments for the 2021 tax year September 15, 2021: Final deadline to file partnership and S corporation tax returns for tax year 2020, if an extension was requested...
by Heimlantz | Aug 13, 2021 | The HeimLantz Advisor Newsletter, Volume 6 Issue 2
The Internal Revenue Service has released a midyear report to Congress that details a significant backlog of tax returns dating back to the end of tax filing season, and many of those returns have yet to be processed. While backlogs are not unusual, this year’s is far...