Mayo Strategic Advisors

Now is the time to start thinking about tax planning for 2021. At Mayo Strategic Advisors, we offer an array of tax services for your business. Give us a call or visit our website to learn more: (706) 733-0416 mayoadvisors.com

Starting and running a business is hard. Because you wear multiple hats, it is important to know where your talents are and where you should outsource. With our VCFO services, our advisory team can perform all of the back-office functions of an accounting department. Give us a call to find out more: (706) 733-0416.

Thank you for the kind review, Heather! We are honored to help you and your business. #MoreWithMayo

Take time to honor the brave men and women who have paid the ultimate sacrifice to honor our country. #MemorialDay

Business owners are too busy running their own businesses to spend any more time than necessary on side issues like taxes. That's where our accounting experts come in! Visit our website to learn more about the services we offer: mayoadvisors.com

The IRS will exclude up to $5,000 of your pay that you have your employer divert to a Dependent Care FSA account, which means you’ll avoid paying taxes on that money. That can be a huge win for parents of kids under 13, because before- and after-school care, day care, preschool and day camps usually are allowed uses. Elder care may be included, too!

The Internal Revenue Service is giving taxpayers more time until Nov. 21 to register their dependents for the $500 per child Economic Impact Payments provided under the CARES Act.

Income ranges for eligibility to make deductible contributions to traditional IRAs, to contribute to Roth IRAs and to claim the Saver’s Credit will all increase for 2021. #MoreWithMayo #StrengthInNumbers

Here to hoping your Monday is starting out great! #MondayMotivation #MoreWithMayo

I spy tally admiring one of her favorite downtown spots by The Art of Porkchop! Have you ever checked out this selfie spot? #YourDocumentsAreRidingOnUs

Who says accountants don't have a sense of humor?!? #FridayFunny

It's #WorkWednesday! Nobody knows your business better than you do. We take a relationship oriented approach to our business consulting services. By sitting down with you one-on-one, we can pinpoint opportunities for increased efficiency and profitability, help you manage your business’ growth, and identify tax-savings strategies to keep your business moving forward. #MorewithMayo

#TaxTipTuesday Contributing as much as you can to your retirement via, for example, an individual retirement account is one of the best ways to reap a tax benefit.

Who else is starting their Saturday morning with a trip to their favorite coffee shop?! Tell us who has the best cup-of-joe below.

It's #WorkWednesday! Tax laws today are so complicated that filing a simple return can be complicated. Preparing your own income tax return can be challenging and leave you with more questions than answers. At Mayo & Associates CPAs, we have a tax staff that has over 30 years of combined tax experience ready to prepare your tax return(s). #MorewithMayo

Happy #MayoMonday! Everyone say hello to Ashley! Ashley joined the Mayo & Associates team in January 2016 and is from Chattanooga, TN. She attended University of Tennessee Chattanooga working towards her Bachelors in Accounting. In her free time, she enjoys spending time with her husband Wade and their two dogs, Paisley and Gibson.

Tax Tip Tuesday Stimulus checks are not part of your taxable income for 2020. If you have any other stimulus or pandemic related questions please give us a call! 706-733-0416

The average refund last year was $2,725. That's a lot of ! What would you do with that money? From taking a vacation to saving for education, the possibilities are endless. #MaximizewithMayo