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Tag: Section 179 Expensing

Many Tax Amounts Affecting Businesses Have Increased For 2021

Posted on March 1, 2021March 1, 2021

A number of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2021. Some stayed the same due to low inflation. And the deduction for business meals has doubled for this year after a new law was enacted at the end of 2020. Here’s a rundown of those that […]

Posted in Deductions, Investments, Planning, Retirement, Small Business, TaxTagged business meals, Fringe Benefits, FSA, Health Savings Account, HSA, Retirement Plans, Section 179 Expensing, Social Security Tax
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The articles in this blog are published with the understanding that the authors are not rendering legal, accounting or other professional advice or opinions on specific facts or matters, and, accordingly, assume no liability whatsoever in connection with its use.

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