$14,000 tax Credit Per Employee. Don’t miss it!

New legislation means new benefits for agency owners! Under the Consolidated Appropriations Act passed in December, you’re now eligible for both PPP loan money AND tax credits for employees. Here’s everything you need to know about the Employee Retention Tax Credit (ERC) and what it means for you. What is the Employee Retention Tax Credit (ERC)? The Employee Retention Tax Credit is a refundable tax credit (up to $7,000 per employee per…  Read more

5 Tax-Cutting Strategies to Implement in Before the Year-End

With just 2 weeks left in 2020, now is the time to act if you want to save on your taxes.  If you’re like most agency owners, you’re not making the best decisions for your business taxes: You’re not optimizing owner pay You’re set up in the wrong entity structure You’re leaving deductions on the floor Or worse, you don’t have a tax plan at all. You’re trusting your CPA…  Read more

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