February 2021
Featured Article From Our Experts
Take Advantage of This Refund Opportunity – The Employee Retention Credit

The enactment of the Consolidated Appropriations Act, 2021 (CAA) provided a number of provisions designed to assist individuals and businesses impacted by the COVID-19 pandemic. One of the significant opportunities in the CAA is the enhancement and extension of the Employee Retention Credit (ERC), which was introduced in the CARES Act. The CAA made several changes to the ERC, most of which are beneficial for businesses and employers. In this article we will address the changes in the ERC and highlight how employers can realize these savings.
Why the Child Tax Credit Is So Valuable
The Federal Child Tax Credit is available to help many taxpayers with children under the age of 17, and there’s a dependent credit for those who are eligible with older children. This article explores the details and how parents can claim the tax credit.
Claiming the Home Office Deduction
Many people have found themselves working from home during the COVID-19 pandemic and wondering, “Can I claim the home office deduction for 2020?” The short answer is: Only if you’re self-employed. In this article, we will dive deeper into the other rules involved.
 
Consider Taxes Before Moving Out of State
Many people might think about moving to another state. However, it’s important to consider the tax ramifications before doing so. This article urges readers to identify all applicable taxes in a destination state and recommends being prepared to meet the legal requirements for establishing domicile.
What’s Your Financial Personality?
Everyone’s personal financial plan doesn’t have to be complex, but it does generally need to cover two major facets: paying down debt and saving money. This brief article discusses the importance of identifying one’s financial personality and using that as a guide to creating a solid plan.
WEBINAR: Understanding Eligibility Changes to the Employee Retention Credit
Thursday February 25 | 9:00 - 10:00 a.m. (EST)
Join Dannible & McKee, LLP and CenterState CEO for a live webinar on the Employee Retention Tax Credit. This session will focus on eligibility considerations and how to claim the credit to take advantage of this refund opportunity.

About Dannible & McKee, LLP

Dannible & McKee, LLP has been providing audit, tax, accounting and financial management consulting services to clients nationwide since 1978. Throughout this forty plus years' history, we have been wholly dedicated to the success of our clients. Every aspect of our business has been guided by our values and our commitment to putting each client's interests first. In a complex profession, we have found our greatest rewards in the simplicity of helping good people prosper. Delivering confidence in every financial decision is our goal for our clients and it's also the most significant way we can contribute to their long-term success.

To learn more about Dannible & McKee, visit us at: www.dmcpas.com