by Mark Tichenor | Dec 15, 2021 | Business Tax, Tax
The recent and continuing COVID-19 pandemic has wreaked havoc on many of our local restaurant businesses. The mandated closures and required remodeling to bring customers back into a safe environment has proven to be very difficult for many in the food service...
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 | Jan 4, 2021 | News
Prior to tax reform, an employee was able to deduct unreimbursed job expenses, along with certain other miscellaneous expenses, that was more than two percent of adjusted gross income (AGI) as long as they itemized instead of taking the standard deduction. Starting in...
by HintonBurdick | Sep 1, 2020 | News
With more people working from home than ever before, taxpayers may be wondering if they can claim a home office deduction when they file their 2020 tax return next year. The short answer is that self-employed taxpayers who use their home for business may be able to...
