Dedekian, George, Small & Markarian accountancy corporation

The Social Security wage base for 2021 has been announced as well as the cost of living update. Learn more: http://ow.ly/Qji250C6tAD #SocialSecurity

COVID-19 has impacted many business plans, and succession planning has been a big one. For construction firms, over 50% are transitioned to family, but what does that look like in the age of COVID? Learn more in this blog from partner Mel Dedekian. http://ow.ly/wcVp50C6tva #construction #successionplanning

Financial Planning Month is coming to a close, and we wanted to remind you to make sure your business's financial plans are in order as well. We can help with accounting, cash flow management, and strategic planning just to name a few services. With clean books and a solid financial foundation, you can make better decisions for the future of your business. http://ow.ly/DFwD50BY4Ho #FinancialPlanningMonth #financialplanning

Do you have an M&A transaction on the brain? If you have a PPP loan, there are specific steps you need to take before signing on the bottom line. Check out this article on what to do when there's a change in ownership with a PPP loan, and reach out to us for assistance before making any moves. http://ow.ly/IsxN50BY4ym #PPP #PPPloan

Did you know, October is also Cyber Security Awareness month? This is a good time to check and reset your passwords to protect your accounts. As a reminder, the IRS will never request your personal information via email, and always be sure to verify any requests by phone or in writing. #becybersmart #cybersecurityawarenessmonth

The IRS released long-awaited guidance on the meals and entertainment business deduction earlier this month. Find out what qualifies and what doesn't in this update and reach out to us with questions and assistance: http://ow.ly/ESMs50BY4Fq #taxdeductions #taxplanning

If you have a PPP loan of $50,000 or less, good news, you're eligible for a simplified forgiveness application from the SBA. Learn more here and reach out to us for assistance with your forgiveness application. http://ow.ly/ytrX50BY4s3 #PPP #PPPloan

The Tax Cuts And Jobs Act of 2017 changed the landscape of charitable tax breaks. This article outlines the current state of charitable tax breaks and how they could fit into your tax plan. If you have questions, we can help. Contact us for assistance. http://ow.ly/nCyg50BFFke

If you've had to permanently or temporarily close your business due to COVID-19, you could have tax implications. Learn more in this article and reach out for assistance. http://ow.ly/QjTF50BFFbj

FYI, the IRS finalized long-awaited regulations for 100% bonus depreciation last month. The 100% additional first year depreciation deduction was created in the Tax Cuts and Jobs Act in 2017 and applies to qualifying new and used property acquired and placed in service after Sept. 27, 2017. Learn more: http://ow.ly/Qgbk50BFEXr

It's time to review your financial plans and goals because October is Financial Planning month. We can help with ensuring your tax plans line up with your long-term goals. Reach out today. http://ow.ly/iO3G50BFEJr

Our monthly newsletter is here! Check out the latest updates on PPP, payroll tax, and tips for pivoting your accounting operations during COVID-19. http://ow.ly/utW550BtNr6

Achieve your financial goals by organizing your finances properly. In order to get ahead, you need to think about these 4 simple steps: determine your net worth, set financial goals, track your spending and create a budget. https://bit.ly/3eWwc26