Updated August 2025 Closing your books each month is one of the most important steps you can take to keep your financial information accurate and useful. A monthly close means reviewing your financial records, confirming […]
Why do I need a monthly close? Read More »
The Coronavirus Aid, Relief and Economic Security (CARES) Act included several temporary tax changes to help charities, including the special $300 deduction designed especially for people who choose to take the standard deduction. Under this
What is the payroll tax holiday? In early August, President Trump issued an executive order allowing a payroll tax holiday for employees’ portion of the social security tax. The effective date of the order was
Payroll Tax Holiday: Gift or Grief? Read More »
Originally published September 2, 2020 – updated April 9, 2025 You’re probably aware of the 100% bonus depreciation tax break that’s available for a wide range of qualifying property. Here are five important points to
5 Key Points to Know About Bonus Depreciation Phase Out in 2025 Read More »
The Coronavirus Aid, Relief and Economic Security (CARES) Act made changes to excess business losses. This includes some changes that are retroactive and there may be opportunities for some businesses to file amended tax returns.
CARES Act made changes to excess business losses Read More »
You may have noticed that things are looking a little different for Amy Walker, CPA. That’s because… *drum roll* we are no longer Amy Walker, CPA. We’re proud to introduce you to Walker Agency –
How you inspired our rebrand to Walker Agency Read More »
On Friday, the President signed into law the CARES Act. This legislation contained very significant tax law changes, the majority of which are temporary and will only be relevant for the 2020 calendar year. We’ve
CARES Act Part 2 – Individual Provisions Read More »
On Friday, March 27th, 2020 the President signed into law the CARES Act. This legislation contained very significant tax law changes, the majority of which are temporary and will only be relevant for the 2020
CARES Act Part 1 – Business Provisions Read More »
PAID LEAVE The Families First Coronavirus Response Act was Phase 2 of the government’s plan to combat COVID19. This Act goes into effect on April 1, 2020 and requires companies to provide both limited paid
Families First Coronavirus Response Act (FFCRA) – Effective April 1, 2020 Read More »
Congress recently passed—and the President signed into law—the SECURE Act, landmark legislation that affects the rules for creating and maintaining employer-provided retirement plans. Whether you currently offer your employees a retirement plan, or are planning
The SECURE Act – What You Need to Know Read More »
Is your business depreciating over a 39-year period the entire cost of constructing the building that houses your operation? If so, you should consider a cost segregation study. It may allow you to accelerate depreciation
Accelerate depreciation deductions with a cost segregation study Read More »
