Time Is Running Out For Applying For The 2nd PPP Round!!!

Ladies , Gentlemen , Businessmen, Businesswomen , Controllers , CFO’s, Owners and all others I have left out. If you didnt already know this, I wanted to share that The Governments money is running out on what has been distributed for PPP2 Funds where business’ are concerned.
$10,200 Unemployment Exemption On Tax Return.

Our tax software updates today (March 16th) for the unemployed exemption of $10,200 legislation that was recently passed. Luckily we live in Texas and donât have to worry about State income tax.
All You Need To Know About Offer In Compromise

With an offer in compromise, the IRS agrees to allow a taxpayer to pay off less than the full tax debt he or she owes. To qualify for an offer in agreement, however, you must meet one of three criteria
Changes Affecting Small Business Employers

Disclaimer: This article will provide a broad overview of this act. Be sure to consult with legal experts to fully understand how this legislation affects your business.
PPP2 Loan Application And Forgiveness Help…

This is a must read… Right now, in the accounting world, the hottest topic is the 2nd approval of PPP money.
Unemployment – Tax Return Amendment

If you have filed an early tax return and had unemployement paid to you in 2020 read the IRS statement below:
Has Your Partnership Or S-Corp Received A Huge Late Filing Penalty?

If the partnership is a small partnership of 10 or fewer partners and we assessed a penalty for filing late or for failure to include required information, it may qualify for a waiver of the penalty under Revenue Procedure 84-35. Call our office to find out more.