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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 has also strained closely held businesses—some to the breaking point....
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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. Distillers have been making hand sanitizer, clothing and textile manufacturers have...
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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 until July 15. But not everyone’s off the hook. The following three...
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(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 enough. But the complications don’t stop once you have a loan: it’s...
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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 it’s new territory for both investors and developers, and with that new...
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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 the latest news. Let’s look at three of the top scams circulating right...
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