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From the Headlines to your Bottom Line

Considering a Business Relocation?

Could it be that your business is operating under conditions that have been getting more challenging for years, but at a slow-enough pace that you aren't fully aware of it? If you take a fresh look at your situation and find the answer is "yes," it may be time to consider pulling up stakes. Here's some food for thought on a corporate relocation.
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Congress Approves New Disaster-Area Tax Relief

The federal government declared numerous disasters between January 1, 2018, and January 19, 2020, including earthquakes, hurricanes, wildfires, tornados, flooding and snowstorms. But there may be a silver lining for victims: New tax legislation passed at the end of 2019 provides additional relief for qualifying individual and small business taxpayers.
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Important Tax Figures for 2020

Every year, the dollar amounts allowed for various federal tax benefits are subject to change based on inflation adjustments and legislation. Here are some important tax figures for 2020, compared with 2019, including the estate tax exemption, Social Security wage base, qualified retirement plan and IRA contribution limits, driving deductions, allowable business write-off amounts and more.
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How We Add Up

"Our clients rely on Fust Charles Chambers to provide innovative thinking by anticipating changes in tax laws, accounting methods and industry and economic trends. At other times, our clients depend on us to act as a sounding board for their ideas and concerns. We’re proud to be part of our clients’ team with the purpose of assisting them in attaining their goals and objectives."

- Joseph L. Charles, Partner