Dec 22, 2020
The Tax Cuts and Jobs Act (TCJA) temporarily increased the basic exclusion amount of large estate gifts and reduced federal estate tax rates. The moves were made to help high net worth individuals offset estate taxes at the time of death. But what happens now? How...
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Dec 15, 2020
In the early months of the pandemic, states and local jurisdictions slowed their enforcement of sales tax collections from small businesses. But now that we’re finding a new norm within pandemic economic restraints, you can expect that grace period to end. This...
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Dec 8, 2020
If you spent part of your 2020 quarantine working remotely out of state, you (or your business entity) could be surprised with state taxes. A recent poll found that more than half of Americans who worked remotely during the pandemic aren’t aware of the possible tax...
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Dec 7, 2020
The San Antonio Chapter of the Texas Society of Certified Public Accountants is carrying on the 27-year tradition of supporting the San Antonio Police Department’s Blue Santa toy drive! The Bankler team collected toy donations to be distributed to children in need by...
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Dec 1, 2020
You may have heard that Paycheck Protection Program (PPP) loan forgiveness is already being administered, but you can wait until 2021 to apply. It might even be more tax-advantaged to do so (depending on your situation). And you may decide that full forgiveness...
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