We hope this email finds you all doing well as we near the end of this crazy year. The challenges of this year have led to some unique tax planning strategies in addition to the usual deadlines for various business matters.

Please take a moment to read through this Tax Planning Information sheet to learn more about payroll tax liabilities, depreciable business assets, PPP tax implications, and the PPP forgiveness application.

A reminder checklist of year-end deadlines for fringe benefits, bonuses, mileage reimbursement, and more can be found here. Information about 2021 retirement contribution limits, loaning or borrowing from your corporation, etc are included with these reminders as well.

As always, we are grateful for the opportunity to serve you and wish you all the best in 2021!

--The Team at Rader & Rader