February 2022
Featured Article From Our Experts
How Do I Get Out of Doing a Physical Inventory Count?

Every year our clients ask if there is a way to get out of doing a physical inventory count. With the stress of the pandemic, this year is no exception. In this article, I will explain cycle counting as a possible way to reduce or even possibly eliminate the need for you to do an annual physical count.

Get More Worms by Filing Your Taxes Early
They say the early bird gets the worm. Early federal income tax filers may get a couple worms. This article discusses two benefits to filing early. A sidebar addresses why a 2021 tax return should still be filed even though one’s 2020 tax refund has been delayed.
Three Financial Lessons of the Pandemic
COVID-19’s rapid spread and the economic havoc that followed are vivid reminders of how unpredictable and volatile the broad economy — and each family’s personal finances — can be. This article discusses three financial lessons that may be learned from the pandemic.
Could You Have To Pay a Parent’s Nursing Home Costs?
People with aging parents may worry about whether they could be held financially responsible for their parents’ nursing home bills if the parents can’t afford to pay them. This article explores filial responsibility laws, which are rarely enforced, and Medicaid’s estate recovery process.
Businesses Can Still Deduct 100% Of Restaurant Meals
Business owners should remember that the 50% deduction limit for certain meals remains suspended in 2022. That means companies can deduct 100% of the cost of business-related, restaurant-provided meals. This brief article has the details.

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.