Charitable Contributions
Developing policies related to contributions will help to structure your organization to comply with IRS rules and regulations....
Guidance on Temporary Full Deduction for Business Meals
The IRS has provided guidance related to the temporary 100-percent deduction for business meals provided by a restaurant. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 ( P.L. 116-260) te...
Amounts Paid for COVID-19 PPE Are Deductible Medical Expenses
The IRS has issued guidance clarifying that amounts paid for personal protective equipment—such as masks, hand sanitizer and sanitizing wipes—for the primary purpose of preventing the spread of th...
COBRA Premium Assistance Guidance
The U.S. Department of Labor has published a new webpage with guidance implementing the Continuation of Health Coverage premium assistance provisions of the American Rescue Plan (ARP), to provide ful...
Suspension of Excess Advance Premium Tax Credit Repayment
The IRS has announced that, under the American Rescue Plan Act of 2021 (ARP) ( P.L. 117-2), the requirement that taxpayers increase their tax liability by all or a portion of their excess advance pay...
Deposit Penalty Relief Extended for COVID-19 Employer Credits
The IRS has extended the penalty relief provided in Notice 2020-22, I.R.B. 2020-17, 664, for failure to deposit employment taxes, to eligible employers that reduce their required deposits in anticipa...
Individuals Experiencing Homelessness Can Receive EIPs
Continuing an ongoing effort to help those experiencing homelessness during the pandemic, the IRS has reminded people who do not have a permanent address or a bank account that may still qualify for E...
Welcome and thank you for visiting the website of Apicella, Testa & Company, P.C., CPAs.
As a full service public accounting firm, we assist our growing client base with a diverse range of service offerings, with an emphasis on non-profit companies.
CLIENT SERVICES More information about the specific support we can lend.
INDUSTRIES Information regarding the types of Industries and Practice sectors in which we have particular expertise.
BUSINESS TIP – A monthly tip to assist the business decision maker.
CALCULATORS – Financial calculators to assist you in planning.
Explore our site and contact us with any questions or comments you may have. Contact partner Gil Apicella at 203-925-9494, Ext. 322, or at gil@ctcpa.com or John Zaprzalka at 203-925-9494, Ext. 321, or at john@ctcpa.com.
