September 2021

ABLE accounts may help disabled or blind family members

There may be a tax-advantaged way for people to save for the needs of family members with disabilities — without…

Private companies: Are you on track to meet the 2022 deadline for the updated lease standard?

Updated accounting rules for long-term leases took effect in 2019 for public companies. Now, after several deferrals by the Financial…

You can only claim a casualty loss tax deduction in certain situations

In recent weeks, some Americans have been victimized by hurricanes, severe storms, flooding, wildfires and other disasters. No matter where…

Best practices for reporting business-related T&E expenses

Many companies have resumed some level of business-related travel and entertainment (T&E) activities — or they plan to do so…

Planning for year-end gifts with the gift tax annual exclusion

As we approach the holidays and the end of the year, many people may want to make gifts of cash…

Estimated Tax Deadline

Third Quarter Estimated Taxes

We wanted to remind you that estimated taxes are due on or before September 15, 2021. If we prepared and…

Now Hiring Audit Manager – RVA

Now Hiring Audit Manager – RVA Enjoy a flexible work culture while working in a broad range of industries for…