September 2021

Brian J. Potter, CPA, CDA Tax Partner

Featured Article From Our Experts It’s Not Too Late To Claim the Employee Retention Credit (ERC) For Both 2020 and 2021 With all of the laws, incentives and credits made available for businesses due to the COVID-19 pandemic, one credit that is often overlooked is the Employee Retention Credit (ERC). The ERC can provide significant refundable payroll tax credits to eligible employers for both the 2020 and 2021 tax years. In this article, we will review the ERC and how eligible employers can claim the tax credit. Read More

The Current State of Estate Planning Because of the current estate tax exemption amount ($11.7 million in 2021), many estates no longer need to be concerned with federal estate tax. As a result, more energy can be devoted to other aspects of estate planning. This article looks at important issues to still consider. Read More

Which Business Website Costs Are Deductible? Every business needs a website, but it’s not always easy to determine which costs of running one are deductible. Fortunately, there are guidelines and even IRS guidance to follow. This article discusses both the hardware and software costs associated with a website. Read More

Energize Tax Savings With an EV Credit Electric vehicles (EVs) are increasing in popularity all the time, and more of them are qualifying for a federal tax credit. For example, the IRS added three more eligible models in July. This article discusses the definition of EVs for tax purposes as well as other important points about the credit.  Read More

Safeguarding Your Critical Documents Every adult has a variety of critical documents that should be protected. This brief article discusses the importance of having a dependable safe or bank safe deposit box in which to store key documents and even cash in case of a major disaster.  Read More

Register for our Annual Manufacturing Conference on October 21, 2021! Join us for our Annual Manufacturing Conference. This industry-focused conference will feature presentations on the latest industry trends and economic outlook, concepts and techniques for effective budgeting and planning, best practices for attracting and retaining employees and tax issues impacting the manufacturing industry. The conference will be held virtually, and CPE credit will be offered. Learn More and Register

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.