Posts Tagged ‘buckno lisicky and company’
Possible Tax Changes on the Horizon: A summary of President Biden’s Budget proposals
By Joseph A. Mastriani, CPA/PFS, CFP | Shareholder| Buckno Lisicky & Company CPAs The Biden administration released its “Green Book” of revenues and policy proposals on May 28, 2021. The focus of the plan is to extend the tax breaks enacted as part of the American Rescue Plan Act for lower- and middle-income taxpayers. These tax…
Read MoreHow Might Taxes Change Under President-Elect Biden
How Might Taxes Change Under President-Elect Biden By Joseph A. Mastriani, CPA/PFS, CFP | Shareholder| Buckno Lisicky & Company CPAs With the official presidential transition underway, in addition to all 50 states having certified their presidential election results, President-elect Joe Biden will be inaugurated on January 20th as the 46th President of the United States. …
Read MorePayroll Tax Deferral
By Joseph A. Mastriani, CPA/PFS, CFP, Shareholder | Buckno, Lisicky & Company I want to make you aware of the most recent guidance from the U.S. Treasury and the IRS regarding the August 8 presidential executive order allowing for the deferral of the employee portion of Social Security taxes. This order, signed by the President,…
Read MoreFinal opportunity to take advantage of Paycheck Protection Program loan forgiveness opportunity
By Joseph A. Mastriani, CPA/PFS, CFP, Shareholder- Buckno Lisicky & Company With about two weeks until the July 4th holiday, most individuals’ thoughts are focused on spending time with their families on vacation. But for some small business owners, these next two weeks may be also focused on the last opportunity to take advantage of…
Read MoreBunching or Bundling Charitable Donations with a Donor-Advised Fund: A great year-end stocking stuffer idea to benefit Carbon County-area charities
By Guest Blogger, Joe Mastriani, CPA and Shareholder at Buckno Lisicky & Company Individual taxpayers, who have two options when they file their personal federal income tax returns — take a standard deduction or itemize deductions — usually select the option that reduces their overall tax liability the most. Due to the recent tax law changes,…
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