The Haefele Flanagan Newsletter
May 2021
Haefele Flanagan | CERTIFIED PUBLIC ACCOUNTANTS & ADVISORS | Website
**STILL TIME TO REGISTER**
Real Estate & Construction: 2021 Outlook

Virtual Seminar on June 15, 2021 @ 9 AM

Topics Include:

  • Current Outlook for Real Estate and the Economy in PA, NJ, & Surrounding Areas
  • Accounting for Construction Companies
  • Transitioning Your Construction Company
IRS Begins Correcting Tax Returns for Unemployment Compensation Income Exclusion
The Internal Revenue Service will begin issuing refunds to eligible taxpayers who paid taxes on 2020 unemployment compensation that the recently-enacted American Rescue Plan later excluded from taxable income.
IRS Provides Guidance on Tax Breaks for COBRA
The Internal Revenue Service provided guidance on tax breaks under the American Rescue Plan Act of 2021 for continuation health coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA).
Who will win the 2021 Stanley Cup?
Colorado Avalanche
NY Islanders
Boston Bruins
Carolina Hurricanes
Nashville Predators
Tampa Bay Lightning
Minnesota Wild
Vegas Golden Knights
Winnipeg Jets
Toronto Maple Leafs
Last Month's Results:
 
What is your favorite water ice flavor?
 
22.4% Cherry
28.9% Lemon
21.7% Blue Raspberry
21.1% Mango
3.3% Chocolate
2.6% Other
Haefele Flanagan...Here & There
  • Welcome to the firm: Jeff Bacon - Senior Accountant and Kevin Travis - Summer Intern

  • Congratulations to Francesca Bowe who got engaged this month!
Published by Haefele Flanagan Copyright © 2021 Haefele, Flanagan & Co., p.c.. All rights reserved. IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the Internal Revenue Service, we inform you that any tax advice contained in this communication (including any attachments) was not intended or written to be used, and cannot be used, for the purpose of (i) avoiding tax related penalties or (ii) promoting, marketing or recommending to another party any tax-related matters addressed in this communication. Confidentiality Notice: This Email and any files transmitted with it are intended only for the use of the addressee and may contain information that is legally privileged and confidential. It is solely for use by the individual for whom it is intended, even if addressed incorrectly. If you are not the intended recipient, you are hereby notified that any dissemination of this communication is strictly prohibited and are asked to please notify the sender and delete it from your system. Thank you for your compliance.
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