aka-cpa.com RSS Feed https://aka-cpa.com/ Take a look at our recent blog posts and client newsletter articles. en-us Sat, 01 May 2021 09:00:00 -0500 Sat, 01 May 2021 09:00:00 -0500 Tax Withholding for Seasonal and Part-Time Employees https://www.aka-cpa.com/newsletter.php#2 Part-time and seasonal employees are subject to the same tax withholding rules that apply to other employees. Sat, 01 May 2021 09:00:00 -0500 https://www.aka-cpa.com/newsletter.php#2 Tax Return Tips for Last-Minute Filers https://www.aka-cpa.com/newsletter.php#1 If you've been procrastinating about filing your tax return this year, here are some tips that might help. Sat, 01 May 2021 09:00:00 -0500 https://www.aka-cpa.com/newsletter.php#1 Saving for Education: Understanding 529 Plans https://www.aka-cpa.com/newsletter.php#3 Section 529 plans are an excellent way to save for your child's education and can be used for pre-college and vocational education expenses as well as college. Sat, 01 May 2021 09:00:00 -0500 https://www.aka-cpa.com/newsletter.php#3 Deducting Business-Related Car Expenses https://www.aka-cpa.com/newsletter.php#5 If you're self-employed and use your car for business, you can deduct certain business-related car expenses. Sat, 01 May 2021 09:00:00 -0500 https://www.aka-cpa.com/newsletter.php#5 Avoiding Tax Surprises When Retiring Overseas https://www.aka-cpa.com/newsletter.php#4 Are you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the answer. But first, it's important to look at the tax implications because not all retirement destinations are created equal. Sat, 01 May 2021 09:00:00 -0500 https://www.aka-cpa.com/newsletter.php#4 Did You Make Your Estimated Tax Payment Today, April 15th? https://www.aka-cpa.com/blog.php?id=23 Thu, 15 Apr 2021 09:00:00 -0500 https://www.aka-cpa.com/blog.php?id=23 Q & A: The $10,200 Unemployment Tax Break https://www.aka-cpa.com/newsletter.php#4 A new tax break - in effect only for the 2020 tax year - allows you to exclude the first $10,200 of unemployment compensation from your taxable income. Thu, 01 Apr 2021 09:00:00 -0500 https://www.aka-cpa.com/newsletter.php#4 PPP Loan Deadline Extended Through May 31 https://www.aka-cpa.com/newsletter.php#5 The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, extending the deadline to apply for a loan by an additional 60 days. Thu, 01 Apr 2021 09:00:00 -0500 https://www.aka-cpa.com/newsletter.php#5 Highlights of the American Rescue Plan Act https://www.aka-cpa.com/newsletter.php#2 Signed into law on March 11, the American Rescue Plan Act of 2021 contains several tax provisions affecting individuals and families. Thu, 01 Apr 2021 09:00:00 -0500 https://www.aka-cpa.com/newsletter.php#2 Federal Tax Deadline Extended To May 17 https://www.aka-cpa.com/newsletter.php#1 The federal income tax filing due date for individual taxpayers, including those who pay self-employment tax, has been extended to Monday, May 17, 2021. Thu, 01 Apr 2021 09:00:00 -0500 https://www.aka-cpa.com/newsletter.php#1 Economic Impact Payments: Round Three https://www.aka-cpa.com/newsletter.php#3 Starting March 12, the IRS began sending out the third round of economic impact payments via direct deposit, paper checks, and EIP Cards. Thu, 01 Apr 2021 09:00:00 -0500 https://www.aka-cpa.com/newsletter.php#3 What Is New for 2020 Tax Returns - At A Glance https://www.aka-cpa.com/blog.php?id=22 Sun, 21 Feb 2021 09:00:00 -0600 https://www.aka-cpa.com/blog.php?id=22 The Home Office Tax Deduction: What You Need To Know https://www.aka-cpa.com/blog.php?id=21 Sun, 21 Feb 2021 09:00:00 -0600 https://www.aka-cpa.com/blog.php?id=21 The new $900 billion stimulus bill and a few of the unique tax savings opportunities for small businesses https://www.aka-cpa.com/blog.php?id=20 Mon, 25 Jan 2021 09:00:00 -0600 https://www.aka-cpa.com/blog.php?id=20 The Treasury and IRS are sending approximately 8 million second Economic Impact Payments (EIPs) by prepaid debit card https://www.aka-cpa.com/blog.php?id=19 Sun, 10 Jan 2021 09:00:00 -0600 https://www.aka-cpa.com/blog.php?id=19 The Covid Relief Bill Has Some Important Tax Implications: Here Are a Few! https://www.aka-cpa.com/blog.php?id=18 Thu, 31 Dec 2020 09:00:00 -0600 https://www.aka-cpa.com/blog.php?id=18 How the new $900 COVID-19 Relief Bill impacts individuals & businesses https://www.aka-cpa.com/blog.php?id=17 The legislation, the Consolidated Appropriations Act, 2021, also ensures tax deductibility for business expenses paid with forgiven Paycheck Protection Program (PPP) loans. Tue, 22 Dec 2020 09:00:00 -0600 https://www.aka-cpa.com/blog.php?id=17 AKA Accounting: Our 2020 End-of-Year Newsletter for Individuals & Businesses https://www.aka-cpa.com/blog.php?id=16 Sun, 13 Dec 2020 09:00:00 -0600 https://www.aka-cpa.com/blog.php?id=16 How Your Taxes May Be Impacted Under the New Administration https://www.aka-cpa.com/blog.php?id=15 With January 20th just around the corner, it's anyone's guess how the Biden administration will impact your taxes. Here's an idea of how it might go! Sun, 29 Nov 2020 09:00:00 -0600 https://www.aka-cpa.com/blog.php?id=15 AKA Client Spotlight: Healy, Long & Jevin https://www.aka-cpa.com/blog.php?id=14 We are excited to do our first client spotlight feature on an iconic local business that AKA has been working with since 2007! Wed, 18 Nov 2020 09:00:00 -0600 https://www.aka-cpa.com/blog.php?id=14 IRS has posted the new income tax brackets for 2021 https://www.aka-cpa.com/blog.php?id=13 These rates are in effect for 2021 and will be used to prepare your tax returns in 2022. Tue, 10 Nov 2020 09:00:00 -0600 https://www.aka-cpa.com/blog.php?id=13 Year-End Tax Planning Requires a Multi-Year Approach: Here\'s What We Recommend For Individuals and Businesses https://www.aka-cpa.com/blog.php?id=11 Effective tax planning requires multi-year planning (this year and next). Here are important steps our clients and businesses should take. Thu, 22 Oct 2020 09:00:00 -0500 https://www.aka-cpa.com/blog.php?id=11 Congratulations Sara deJuliis CPA, MSA: Promoted to Manager https://www.aka-cpa.com/blog.php?id=12 Sara has been with the AKA team since September 2013, and currently serves as President of The Delaware Society of CPA's. We're excited to announce her promotion to Manager! Thu, 22 Oct 2020 09:00:00 -0500 https://www.aka-cpa.com/blog.php?id=12 Streamlined PPP Loan Forgiveness Application Now Available for Loans $50,000 or Less https://www.aka-cpa.com/blog.php?id=10 The SBA released their much anticipated PPP loan forgiveness application for those that took out $50,000 or less in loans. Fri, 09 Oct 2020 09:00:00 -0500 https://www.aka-cpa.com/blog.php?id=10 October Reminders from Albero, Kupferman & Associates https://www.aka-cpa.com/blog.php?id=9 Just a note about upcoming deadlines this month! Tue, 06 Oct 2020 09:00:00 -0500 https://www.aka-cpa.com/blog.php?id=9 September Reminders from your AKA Accounting Team https://www.aka-cpa.com/blog.php?id=8 With August already behind us, September brings a few accounting tasks that businesses need to keep top-of-mind. Tue, 01 Sep 2020 09:00:00 -0500 https://www.aka-cpa.com/blog.php?id=8 August is a Great Time for Your Annual Estate Planning Review https://www.aka-cpa.com/blog.php?id=7 It's a great habit to look at the dog-days of August as time to do an annual review of your estate and make any adjustments based on any changes of your current situation and goals! Thu, 27 Aug 2020 09:00:00 -0500 https://www.aka-cpa.com/blog.php?id=7 The State of Delaware Launches $100M Grant Program for Small Businesses & Non-Profits Statewide https://www.aka-cpa.com/blog.php?id=6 Gov. John Carney announced August 19th a grant program of at least $100 million to assist Delaware small businesses and nonprofit organizations affected by the COVID-19 crisis. Sun, 23 Aug 2020 09:00:00 -0500 https://www.aka-cpa.com/blog.php?id=6 New IRS Form to Report Business Identity Theft: Form 14039-B https://www.aka-cpa.com/blog.php?id=5 The IRS has released a new form that makes it easier for businesses, estates, trusts and tax-exempt organizations to report identity theft. Sun, 16 Aug 2020 09:00:00 -0500 https://www.aka-cpa.com/blog.php?id=5 Frequently Asked Questions on PPP Loan Forgiveness: New Update as of August 4th, 2020 https://www.aka-cpa.com/blog.php?id=4 We are providing updated information, directly from the SBA's website regarding their latest FAQs from August 4th, 2020 on PPP Loan Forgiveness. Mon, 10 Aug 2020 09:00:00 -0500 https://www.aka-cpa.com/blog.php?id=4 AKA August Accounting Reminders https://www.aka-cpa.com/blog.php?id=3 With the end-of-the-summer quickly approaching, here's a look ahead at important dates to rememember. Fri, 31 Jul 2020 09:00:00 -0500 https://www.aka-cpa.com/blog.php?id=3 Remain Patient Before Applying for PPP Loan Forgiveness: Here's Why... https://www.aka-cpa.com/blog.php?id=2 We advise our clients to wait for more clarification from the SBA before applying for PPP forgiveness. Tue, 21 Jul 2020 09:00:00 -0500 https://www.aka-cpa.com/blog.php?id=2 Need An Extension Beyond July 15th? We Can Help! https://www.aka-cpa.com/blog.php?id=1 With our assistance, we can help you file Form 4868, allowing you additional time to file your 2019 taxes. To avoid penalties, your tax obligation must be paid by July 15th. Tue, 07 Jul 2020 09:00:00 -0500 https://www.aka-cpa.com/blog.php?id=1