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Things to Consider Before Selling Your Business
This article discusses the best methods to practice before selling your business to someone who values it as much as you do. Firstly, it is important...
What You Need to Know About Business Meal Deductions
This article discusses guidance on the Tax Cuts and Jobs Act pertaining to the general deduction of business entertainment expenses. Because of the...
IRS Extends COVID-19 Relief Leave Donations
As part of the emergency disaster declaration made by President Trump on March 13, 2020, it became possible for employees to donate their unused paid...
Scott and Company CPAs Placed #1 in Its Category for Best Places to Work in South Carolina!
Scott and Company member Bill West accepts the award on behalf of the firm.
Business COVID-19 Relief Applicable to the Delta Variant Surge
On March 11, 2021, President Biden signed PL 117-2 otherwise known as the American Rescue Plan Act of 2021 (ARP bill). President Biden’s $1.9...
COVID-19 Vaccination Proof: What's Allowed?
As more employers bring employees back to the workplace and navigate new CDC guidance on mask-wearing, they may have questions about whether they can...
Succession Planning Strategy for Your Business
Too often CEOs of a company will procrastinate the succession of their company to the next generation. This may happen since the idea of retiring...
Tips for Selling Your Business in 2021
This article discusses how the coronavirus pandemic has impacted the way people are purchasing businesses and how business owners are selling. In...
SBA Releases New PPP Loan Forgiveness Guidance
On July 28, the U.S. Small Business Administration (SBA) released an update to the forgiveness process for the majority of Paycheck Protection...
Family Business Succession Tips
This article discusses the sad reality of how fewer than 1/3 of family businesses are successively handed down to the second generation. However,...