Hawkins Ash Tax Articles

Reconsidering Your Personal Emergency Fund
Back in 2020 when the COVID-19 pandemic first hit, many people’s emergency funds were suddenly put to the test — ...

Have a Foreign Account? File an FBAR
Any U.S. person with a financial interest in, or signature or other authority over, any foreign financial accounts must file ...

Changes in SEC. 174 Make It a Good Time to Review the R&E Strategy of Your Business
It’s been years since the Tax Cuts and Jobs Act (TCJA) of 2017 was signed into law, but it’s still ...

Protect the “Ordinary and Necessary” Advertising Expenses of Your Business
Under tax law, businesses can generally deduct advertising and marketing expenses that help keep existing customers and bring in new ...

U.S. Supreme Court Rules Against the IRS on Critical FBAR Issue
The U.S. Supreme Court recently weighed in on an issue regarding a provision of the Bank Secrecy Act (BSA) that ...

President Biden’s Proposed Budget Includes Notable Tax Provisions
President Biden has released his proposed budget for the federal government for the 2024 fiscal year. The budget, which aims ...

Can You Deduct the Costs of a Spouse on a Business Trip?
If you own a company and travel for business, you may wonder whether you can deduct all the costs of ...

Secure 2.0 Law May Make You More Secure in Retirement
A new law was recently signed that will help Americans save more for retirement, although many of the provisions don’t ...