by HintonBurdick | May 3, 2021 | News
Earlier is better when it comes to working on your taxes but many people find preparing their tax return to be stressful and frustrating and wait until the last minute. Complicating matters this year is tax reform and the newly redesigned Form 1040. If you’ve...
by HintonBurdick | Apr 1, 2021 | News, Uncategorized
We had a good turnout for our in-person/virtual Employee Retention Credit presentation. The presentation was led by Candus Tibbitts, CPA, Dalton Haberl, CPA, and Sil Bundy. Topics covered included an overview of the Employee Retention Credit, who qualifies, how to...
by HintonBurdick | Apr 1, 2021 | News
If you donate a car to a qualified charitable organization and intend to claim a deduction, you should be aware of the special rules that apply to vehicle donations. Charities typically sell donated vehicles. If the charitable organization sells the vehicle you...
by HintonBurdick | Apr 1, 2021 | News
As a quick reminder, the purchase of personal protective equipment, such as masks, hand sanitizer, and sanitizing wipes, for the primary purpose of preventing the spread of coronavirus are deductible medical expenses. The amounts paid for personal protective...
by HintonBurdick | Apr 1, 2021 | News
The Coronavirus, Aid, Relief, and Economic Security (CARES) Act made it easier to access savings in IRAs and workplace retirement plans for those affected by the coronavirus. This relief provided favorable tax treatment for certain withdrawals from retirement plans...
