Blog
PPP Loan Forgiveness: Critical Steps to Take
(Updated as of June 16, 2020) The SBA revised the PPP loan forgiveness application and introduced an EZ form for certain qualifying businesses including those who are self-employed and those...
Don’t Fall for COVID-19 Money Scams
Millions of dollars and valuable personal information have been lost to money scams and the problem is only increasing during the COVID-19 pandemic. If you’re a business owner, you need to be...
3 Tips for Remote Expert Witness Depositions
The COVID-19 pandemic has brought remote depositions to the forefront and opened the door for more flexibility throughout Texas and the country. And not a moment too soon. The current climate...
Making Coronavirus Goods? Here Are the Tax Implications
Small businesses have truly stepped up to the challenge of turning the COVID-19 crisis from a potentially door-shuttering event to an opportunity to step up, help out, and stay afloat....
The IRS Is Still Collecting Taxes From a Select Few
If you heard that the IRS is hitting the brakes on most collections right now, it's true. Taxpayers who generally aren’t behind on payments may be able to hold off on paying 2019 and 2020 taxes...
Proceed with Caution on Your SBA Loan
(Updated as of May 5) Feds Offer Clarification on Unforgivable SBA Loans: Securing a Small Business Administration (SBA) loan connected with the CARES Act for COVID-19 relief has been difficult...
Captive Insurance Risks And Rewards
The Tax Cuts and Jobs Act introduced a new tax-lowering investment tool called Qualified Opportunity Zones (QOZ’s). Those willing to invest longterm in QOZ’s receive special tax advantages. But...
Be Tax-Scam Savvy
Hardworking taxpayers have lost millions of dollars and their personal information to tax scams. It’s a problem that’s not going away. Your best defense is to be vigilant and arm yourself with...
COVID-19 Small Business Relief Roundup
Tax regulations are changing quickly right now, and every taxpayer’s situation is unique. Please contact us directly for up-to-date and individualized guidance. About 9 out of 10 small...
What’s the Deal With Opportunity Zones?
The Tax Cuts and Jobs Act introduced a new tax-lowering investment tool called Qualified Opportunity Zones (QOZ’s). Those willing to invest longterm in QOZ’s receive special tax advantages. But...