culture Archives - Page 2 of 2

Thank you – What a Busy Season!

September 16, 2020/in Encore Culture/by Magdi Cook

We hope this message finds you in good health and wellness as we continue to navigate through this uncertain and challenging times.

Exceptional service during the current pandemic

June 4, 2020/in Encore Culture, News/by Magdi Cook

Here at Encore we continue to focus on providing exceptional client and tax services, even during the pandemic.

IRA account value down? It might be a good time for a Roth conversion

May 1, 2020/in Tax Tips - Individual/by Amanda Rogers

Many people are wondering what they can do to cope with the current financial situation that is occurring due to the coronavirus (COVID – 19) pandemic. One area that you may want to take a look at are your retirement accounts.
The tax code provides a credit to purchasers of qualifying plug-in electric drive motor vehicles including passenger vehicles and light trucks. The credit is equal to $2,500 plus an additional amount, based on battery capacity, that can’t exceed $5,000.

COVID-19 makes favorable changes to “qualified improvement property” – 100% bonus now or retroactive!

April 20, 2020/in Tax Tips - Business, Tax Tips - Individual/by Amanda Rogers

Although electric vehicles (or EVs) are a small percentage of the cars on the road today, they’re increasing in popularity all the time. And if you buy one, you may be eligible for a federal tax break.

The tax code provides a credit to purchasers of qualifying plug-in electric drive motor vehicles including passenger vehicles and light trucks. The credit is equal to $2,500 plus an additional amount, based on battery capacity, that can’t exceed $5,000.