December 5, 2022

Askey Welcomes New Partners

Christa Hood, CPA, and Monica Kempson, CPA, became the new partners of Askey, Askey & Associates, CPA, LLC, June 1, 2022. Founders Bob and Cathy Askey are sticking around as consultants, but after 25 years handed off the business to its new partners.

’22 Lighthouse Award: Askey, Askey & Associates

Askey, Askey & Associates hit every mark to win the 2022 Lighthouse Award from the St. Mary’s Chamber of Commerce: 317% growth from a quarter-century in business; 23 employees; two SoMD offices and remote in VA, FL, and TX; and still ongoing community involvement and public education.

CPA Hood to Lead Record-Keeping Workshop for Nonprofits

Christa Hood, CPA, of Askey, Askey & Associates, CPA, LLC will lead a virtual workshop in June for nonprofits to learn about record keeping.

‘Gratitude’ Defines This Holiday Season

‘We are thinking of you, our clients, and how grateful we are for you this holiday season,” says Catherine Askey, managing director of Askey, Askey & Associates.

AA&A, CPA Hiring in Senior Positions

Askey, Askey & Associates, CPA, LLC, the region’s premier, full-service accounting firm, has openings for a Tax Senior Associate and Auditor Senior to join the firm full time.

MD 6% Digital Tax Begins Now

Digital Tax

Maryland’s new 6% sales and use tax on digital products becomes effective this month. Askey, Askey & Associates, CPA, LLC, advises businesses that provide digital products to review the new requirements to evaluate their sales tax collection and filing requirements. 

Child Tax Credit Holds Great Value

child care

The federal child tax credit is available to help many taxpayers with children under the age of 17. Askey, Askey & Associates, CPA, LLC also helps taxpayers learn more about the dependent credit eligibility for older children.

What PPP Borrowers Need to Know

PPP Borrowers

Askey, Askey & Associates, CPA, LLC  can provide what borrowers from the Paycheck Protection Program Loans of 2020 need to know moving forward in 2021.

New Tax Relief for MD Businesses

tax relief

2020 tax year brings some new tax relief to Maryland partnerships, S-corporations, and other pass-through entities. Askey, Askey & Associates, CPA, LLC offers a few details for firms preparing to use the new provision in the upcoming tax filing season.

Why Is Tax Planning Important?

irs

There are many things that can be done before the end of your tax year that will either reduce your taxes or defer your income tax liability until some future year. Good tax planning goes on all year, but there is still much that can be done at the end of the year.