Welcome to the Mickele Nowden CPA Community – Your Exclusive Hub for Financial Success!

Step into a trusted space where current and future clients can confidently and clearly explore tax and accounting topics. As your dedicated CPA partner, we've created this community to share expert insights, answer your questions, and foster meaningful discussions about taxes, bookkeeping, and business advisory services.

We believe in personalized attention and real solutions, which is why we've moved away from traditional social media to create this focused platform just for you. Here, you'll find valuable resources, timely updates, and a supportive network of professionals and peers, all working toward financial excellence.

Whether you're seeking tax guidance, bookkeeping expertise, or strategic financial advice, you've found your home. Join our community today to access exclusive content, engage in meaningful discussions, and take control of your financial future.

Let's grow and learn together!

Beginning in 2026, many business meal deductions will become more limited. Office snacks, coffee, employer-provided meals (such as tax season meals), and meals provided during employee seminars are generally no longer deductible.

However, client meals directly related to a business discussion and employee meals while traveling overnight for business remain 50% deductible.

As always, it is important to include the following information on your receipt or other support:

~ Dollar amount (typically already included)

~ Time and place (typically already included)

~ Business purpose

You may have a once-in-a-generation opportunity to claim refunds or obtain abatement of IRS penalties and interest that were assessed or paid during the COVID-19 pandemic. However, you must act quickly to preserve your potential claim.

Here is the background: In Kwong v. United States, the U.S. Court of Federal Claims ruled that a COVID-era disaster relief statute automatically postponed many federal tax deadlines from January 20, 2020, through July 11, 2023. Until now, the IRS had largely ignored this provision.

As a result, you may qualify for refunds or abatement of failure-to-file penalties, failure-to-pay penalties, estimated tax penalties, and underpayment interest that accrued during this 3.5-year disaster period. These amounts can be substantial.

At this stage, however, you should not assume the IRS will automatically issue refunds. The IRS will likely challenge the broad application of the Kwong decision, and appellate courts could narrow or overturn the ruling. In…