Archive for March 2022
Attention Business Owners and Managers: 2022 Temporary Tax Deductible Allowance Business Meal Expense
In the Taxpayer Certainty and Disaster Relieve Act 2020, Congress provided for the temporary allowance of 100% deduction for business meal food and beverage expenses provided by a restaurant which continues in 2022. Business Meals – 100% Deductible Business meals that are purchased from a restaurant are 100% deductible. The IRS Guidance means a business that prepares and sells food or beverages to retail customers for immediate consumption. The food does…
Read MoreSlam the Scam: Action Against Social Security Scammers
The Social Security Administration and the Office of the Inspector General (OIG) have partnered together to raise public awareness of Social Security imposter scams on the third annual “Slam the Scam” Day, March 10. In these Social Security scams, the scammer(s) attempt to mislead victims into making cash or gift card payments to fix fraudulent Social Security number problems or to avoid arrest. For the past several years, these…
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