December 2021 Issue

100% Deduction For Food and Beverages

The IRS has announced food and beverages from restaurants will be 100% deductible for businesses.

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401(k) Limits Increase

The IRS additionally announces 401(k) limits will be increased to 20,500 in 2022.

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2021 Year End Check

Is your business prepared for the end of 2021? Our Principal here at Cheryl Jefferson & Associates has produced an incredibly helpful end of the year guide! Be sure to view it on our Blog.

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Federal Acquisition Regulation Requests Comments 

FAR Register seeks comments regarding Certification of women-owned small businesses by December 6.
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5 Things Every Contractor Should Know About the Contract Disputes Act

 The Contract Disputes Act, or CDA, has probably affected you and your business as a government contractor. Here's the top five things you need to know about the CDA.
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Offices Closed - Christmas and New Years
Our offices will be closed from December 24th to January 2nd for the winter holidays. 
from chaos to focus, from hindsight to foresight
from reactive to strategic

Cheryl Jefferson & Associates, LLC is a 100% virtual CPA firm.

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