News & Events Tag

The IRS issued COVID Tax Tip 2020-63 on May 28, 2020.Under the Families First Coronavirus Response Act, employers can grant paid leave for an employee to take care of their...

June 2020 Individual Due Dates June 1 - Final Due Date for IRA Trustees to Issue Form 5498 Final due date for IRA trustees to issue Form 5498, providing IRA owners with the...

It's not junk mail! Millions of people will get their Economic Impact Payment by prepaid debit card. Don't throw yours away thinking it is just another credit card solicitation! Nearly four...

PPP Loan Forgiveness Application-At Least Some Guidance! On May 15, 2020, the SBA issued a PPP Loan Forgiveness Application which provided clarifications to several outstanding questions.  Many questions are still outstanding,...

On May 15, 2020, the SBA released the PPP Loan Forgiveness Application. This brings more clarification to some unanswered questions.The application and instructions include the following:Options for borrowers to...

Bernard Abercrombie, CPA has over 40 years of experience serving Montgomery County and The Woodlands, Texas area. Bernard was recently the featured guest on Montgomery County Hispanic Chamber's  Business Builders...