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Allison L. Reynolds, CPA
Apr 9, 20246 min read
Top Tips for Filing Your 2023 Tax Return
As the deadline to file your 2023 income tax return is approaching, we wanted to remind you of the latest tax-related changes you should...
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Allison L. Reynolds, CPA
Apr 6, 20243 min read
Navigating Mileage Deductions: A CPA's Insight on the Importance of Mileage Tracking
Navigating Mileage Deductions
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Allison L. Reynolds, CPA
Mar 28, 20245 min read
What You Need to Know Before Hiring Your Child as an Employee
A common set of questions we get goes something like this: "I'd like to set my son/daughter up as an employee and would like to hear more...
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Allison L. Reynolds, CPA
Feb 21, 20232 min read
Bonus Depreciation Extended through 2026 Under the Tax Cuts and Jobs Act
Take advantage of the extended bonus depreciation through 2026 wherein the benefit allows 100% bonus depreciation for long-term assets.
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Allison L. Reynolds, CPA
Apr 6, 20212 min read
Changes from the American Rescue Plan Act (ARPA) and the PPP Extension Act
Changes from the American Rescue Plan Act (ARPA) and the PPP extension Act major tax-related benefits
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Allison L. Reynolds, CPA
Mar 28, 20212 min read
TENNESSEE ANNUAL REPORT
What is an Annual Report?
The annual report has some information needed from you to keep your business in good standing.
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Allison L. Reynolds, CPA
Feb 17, 20215 min read
Before You File Your 2020 Tax Return READ THIS!
There are many pandemic-related tax law changes that went in to effect in 2020. Before you file here's what you need to know.
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Allison L. Reynolds, CPA
Jan 18, 20213 min read
The PPP is Back!
The Paycheck Protection Program (PPP) is back and will kickoff at most financial institutions this week.
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Allison L. Reynolds, CPA
Jan 10, 20217 min read
New Stimulus Bill: Economic Relief & Tax Implications for Families & Small Businesses
New Stimulus Bill: Economic Relief & Tax Implications for Families & Small Businesses
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Allison L. Reynolds, CPA
Dec 10, 20207 min read
Supplemental Employer Recovery Grant Program (SERG)
On October 7th, Tennessee Governor Bill Lee and the Financial Stimulus Accountability Group (FSAG) announced $50 million in federal...
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Allison L. Reynolds, CPA
Dec 3, 20202 min read
Preparing for 2020 Non-Employee Compensation Filing: IRS Re-Introduces Form 1099-NEC
The IRS has confirmed an important change regarding non-employee compensation filing.
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Allison L. Reynolds, CPA
Nov 16, 20203 min read
The Time to Start Thinking About PPP Loan Forgiveness is Right Now
As we move into the final months of 2020, it’s time to start thinking about applying for PPP Loan Forgiveness
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Allison L. Reynolds, CPA
Sep 4, 20204 min read
Independent Contractor (1099) or Employee (W-2) and How to Recognize the Difference
If you are hiring people to work under you it is important to define the relationship properly as either a 1099 contractor or W-2 employee.
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Allison L. Reynolds, CPA
Jul 31, 20202 min read
Tennessee and 15 Other States Go Ahead With Tax Free Weekend
Amid the pandemic, 16 states, including Tennessee have decided to go forward with their traditional back to school sales tax holiday.
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Allison L. Reynolds, CPA
Jun 26, 20204 min read
Tennessee Announces Small Business Relief Program
If you are located in Tennessee and you were forced to close your business due to COVID-19 you may be eligible for the Business Relief Prog
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Allison L. Reynolds, CPA
May 19, 202010 min read
Stimulus Package Breakdown: All things PPP EIDL and Stimulus Checks
Stimulus Package Breakdown: All things PPP EIDL and Stimulus Checks
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Allison L. Reynolds, CPA
May 8, 20202 min read
Paycheck Protection Program Expenses Not Deductible
Recently the IRS issued Notice 2020-32 providing guidance related to deducting expenses paid under the Paycheck Protection Program
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Allison L. Reynolds, CPA
Apr 14, 20204 min read
Who Won't Be Receiving an Economic Impact Payment?
Economic Impact Payments should start rolling out this week to some taxpayers. Who Won't Be Receiving an Economic Impact Payment?
124 views0 comments
Allison L. Reynolds, CPA
Apr 12, 20206 min read
10 Steps to Take if Your Business Has Been Impacted by COVID-19 (Coronavirus)
Here are 10 steps to Take if Your Business Has Been Impacted by COVID-19 (Coronavirus) .
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Allison L. Reynolds, CPA
Mar 21, 20206 min read
Coronavirus Guide for Employers
On March 18th, the Senate passed and the President signed into law the Families First Coronavirus Emergency Response Act.
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