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"News You Can Use"

These online posts aim to keep you up to date on the latest tax and accounting news. If you see an item of particular interest, please give me a call to discuss how that might (or might not) apply in your particular situation.

(For other updates and items of interest, please visit the Smorgasbord section.)

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January 2021

Happy New Year!

The new year begins with more stimulus payments and other financial assistance courtesy of the latest COVID relief legislation. Read about how the new bill affects your tax and financial outlook.

Also in this month's edition is good news for business owners regarding the tax deductibility of expenses paid for using PPP loan funds that are forgiven. You can also determine how much to contribute to your retirement fund in 2021 and see what Uncle Sam came up with for his New Year’s resolutions.

Please call if you would like to discuss how this information could impact your situation. If you know someone who can benefit from this newsletter, feel free to send it to them.