Did COVID-19 change your plans to work? Layoffs, forced retirement, reluctance to return to the office to dodge exposure or being an early survivor. Whatever the reason, retiring before planned is stressful and requires a lot to think about and do. BUDGET REVIEW Look at how youre spending money. Are there expenses you can eliminate … Read more
Late on Friday, August 28th the Internal Revenue Service (IRS) issued guidance on the payroll tax deferral that was ordered by President Trump in a presidential memorandum on August 8th. Companies are left with little time to decide whether they are going to opt in and allow eligible workers to defer payroll taxes on wages … Read more
The IRS has created a new website, https://www.irs.gov/coronavirus, they say is focused on steps to help taxpayers, businesses and others affected by the coronavirus(COVID-19). As of the time we went to press, this page only contains: References to IR 2020-54, 3/11/2020, and Notice 2020-15, 2020-14 IRB (see https://www.irs.gov/newsroom/irs-high-deductible-health-plans-can-cover-coronavirus-costs), which provide information regarding high-deductible health plans … Read more
Pat graduated from Texas State University with a Bachelor of Science in Psychology. She has been a bookkeeper for 20 years. She has experience in the hospitality, restaurants & retail industries. She is also experienced in data entry, bank reconciliation, financial statements, monthly & quarterly sales tax, inventory, payroll tax payments & reports, payroll for … Read more
Through all of the ebbs and flows of a business, the economy, and government, one thing that remains a constant for business owners and leaders is the reality that it is crucial to find good employees. Many might attempt to play the challenge to find good staff as generational, but throughout every generation searching for … Read more
Most Texans may not know that more than 1,600 bills were passed into law at the end of the most recent session of Texas Legislature. You also may not know that one of these bills, House Bill 500 (H.B. 500), will have a significant impact on businesses that are subject to the Texas Franchise tax. … Read more