Your business can deduct 100% of the cost of business-related meals provided by a restaurant.

Here are a few things to keep in mind after your tax filing is complete.

Non-fungible Tokens (NFTs) have exploded in popularity over the last several years, and as investors begin to consider their 2021 tax filings.

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With BBB off the table, one possible path for Congress is the consideration of smaller, more targeted pieces of legislation.

We are proud to sponsor Wine Women & Shoes fundraising event benefiting Ronald McDonald House Charities of Greater Chattanooga Tennessee.

HHM is proud to sponsor the 2022 Chattanooga Women's Leadership Institute's Chattanooga Women’s Symposium

IRS works to clear backlog and expedite processing

HHM Certified Public Accountants has hired a senior manager, senior accountant, analyst, and a financial operations assistant to accommodate recent growth in its Chattanooga office.

April 15th is approaching quickly, but there is still time to take action and reduce tax liabilities before the deadline.

The technology industry, along with the rest of the world, is struggling with global supply chain disruption, material scarcity, rising transportation costs, unpredictable shutdowns, and an industry-wide labor shortage.

Key employee retention and motivation is important and using the incentive of ownership can be a very effective retention tool.

Find out what's in our winter employee benefit plans newsletter.

Employee benefits can be critical to the success of an M&A deal’s integration phase.

Plan administrators have fiduciary responsibilities to hire independent qualified public accountants to perform quality audits.

Updated IRS Reporting Requirements for Payment App Users

ASC 842, Leases, is the new lease accounting standard issued by the Financial Accounting Standards Board (FASB).

Eight Hires to Start Off New Year

Welcoming Seven New Employees

ASC 842, Leases, is the new lease accounting standard issued by the Financial Accounting Standards Board (FASB).

The IRS announced that tax season will begin more than two weeks ahead of schedule.

Different notices the IRS could potentially send you, their implications, and what to do if you receive one of these notices.

Did you know that you could have to pay taxes on social security benefits?

The FASB issued ASU 2021-10[1] (“ASU”).

Find out what's in our winter construction insider.

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The Build Back Better Act (BBB), which contains several key items of President Biden's legislative agenda, has effectively been shelved indefinitely.

Sponsors of defined benefit and defined contribution plans should keep the following deadlines and other important dates in mind as they work toward ensuring compliance for their plans in 2022.

The most commonly asked questions about estate planning and its effects on taxes.

Watch our tax planning video.

The IRS recently released guidance on the termination of the Employee Retention Credit.

It’s critical to properly calculate your Required Minimum Distribution (RMD) amount each year to avoid major tax consequences.

On November 15, 2021, President Biden officially signed the Infrastructure Investment and Jobs Act of 2021("IIJA").

Keeping up with the abundance of tax deadlines during the year can be a challenging and stressful undertaking, so we have compiled this list to help guide you through some of the key upcoming first quarter deadlines.

The plan sponsor should have a well-documented process breaking down the responsibilities of individuals implementing the plan and a “tone at the top” mind set to make sure these processes are in place, exercised, and regularly reviewed for improvement.

If you participate in a traditional plan, it might be beneficial to consider adding or amending to a safe harbor plan.

Dealerships who have elected and are maintaining LIFO reserves should be planning and assessing the impact now of reduced inventory levels.

Map out a year-end tax plan and prepare for the year ahead using our Tax Planning Guides.

The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan has increased to $20,500.

Employee Retention Credit to end September 30, 2021 instead of at year end.

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It is important to begin preparing your business records towards the end of the year to ensure a smooth tax filing process.

As we approach the end of 2021, it’s time to start thinking about closing out your books and preparing for the March 15, 2022, Federal tax filing deadline.

The tenth annual #GivingTuesday will take place on Tuesday, November 30th, 2021.

If your business was affected by a natural disaster during 2020, you could qualify for the disaster zone employee retention tax credit.

New requirements to claim research credits on an amended tax return.

Adam Osborne recognized in Cleveland Banner's Top 20 Under 40.

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As a result of the COVID-19 pandemic, Congress ushered in legislation to lighten the tax burden on individuals and businesses.

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The technology industry is proving out its resilience. Tech companies are being relied upon more than ever to accommodate remote work.

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The federal government’s response to the novel coronavirus (COVID-19) has included many tax law changes. To simplify matters, let’s look

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Brittany Carman and Britany Foley outlined tax and PPP considerations as we close the books for the year 2020.

Although not required for all nonprofit organizations, there are a few circumstances that may trigger the need for an independent audit.

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2019 Spring Construction Newsletter

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2019 Summer Construction Newsletter

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Let’s go ahead and state the obvious: inflation is real and car prices aren’t immune to inflation.

HHM CPAs' Matt Stelzman has been elected to serve on the (“NACVA”) Executive Advisory Board (“EAB”).

The Tax Cuts and Jobs Act (TCJA), signed into law in December 2017, contains many provisions benefiting auto dealerships.

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The latest emergency Coronavirus relief package introduced M&E changes and provides a temporary full deduction of certain business meals.

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Matt Stelzman, an HHM CPAs business valuation professional, was hired by an attorney to determine the value of a local family-owned business

Overview of the clarified guidance and how employers can qualify for and maximize the credit for 2020 and 2021.

Revenue recognition, leases, and the new not-for-profit reporting model.

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