HT2 CLIENT UPDATE
CLIENTS – Please submit your completed organizer and all documents to our office by Friday, August 20th. Even if you are waiting on third-party K1s, please submit material that you currently have on hand. Due to changes from the CARES Act, Families First Coronavirus Response Act, SECURE ACT and Taxpayer Certainty and Disaster Tax Relief Act, our office will need time to properly prepare your returns.
TRAVELING FOR BUSINESS AGAIN?
WHAT CAN YOU DEDUCT?
As we continue to come out of the COVID-19 pandemic, you may be traveling again for business. Under tax law, there are a number of rules for deducting the cost of your out-of-town business travel within the United States. These rules apply if the business conducted out of town reasonably requires an overnight stay.

Note that under the Tax Cuts and Jobs Act, employees can’t deduct their unreimbursed travel expenses through 2025 on their own tax returns. That’s because unreimbursed employee business expenses are “miscellaneous itemized deductions” that aren’t deductible through 2025.

However, self-employed individuals can continue to deduct business expenses, including away-from-home travel expenses. Here are some of the rules that come into play.
2021 Q3 CALENDAR: KEY DEADLINES FOR BUSINESSES AND OTHER EMPLOYERS

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2021. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.
ELIGIBLE BUSINESSES:
CLAIM THE EMPLOYEE RETENTION TAX CREDIT!
The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue Plan Act (ARPA), enacted in March of 2021. Businesses that retained their workforce and whose revenues were significantly impacted by the COVID-19 national emergency may qualify for a refundable tax credit, up to $5,000 per employee. Here’s a rundown of the rules.
NEWS YOU CAN USE
2020-2021 Tax Planning Guide READ MORE HERE
How to Select the Right Loan Forgiveness Application READ MORE HERE
Taxpayers should be on the lookout for new scams  READ MORE HERE
E-signature for individual tax returns available to our clients VIDEO PRESENTATION