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 Series. Bernard spoke about government benefits now available to small…
Some taxpayers have received Economic Impact Payments in error for deceased family members or for other reasons. On May 11, 2020 the IRS updated instructions on how to return a mistaken Economic Impact Payment. View Q.48 in the IRS Information…
All PPP borrowers must certify in good faith that “current economic uncertainty makes this loan request necessary to support the ongoing operations.” According to the SBA guidance issued May 13, 2020 “any borrower that, together with its affiliates, received PPP…
Get our PPP Forgiveness Calculator (Excel). Enter your name and email address below and the calculator will be emailed to you. Name First Last Email Δ Questions on PPP loan forgiveness? Learn how to maximize your approval for loan forgiveness!…
[The Internal Revenue Service is urging taxpayers who want to receive their economic impact payments by direct deposit to register their information by Wednesday, May 13, at noon, or else they will have to wait longer to receive the payment…
In an attempt to alleviate some of the economic pressure created by COVID-19, the government has begun to pause collection activities for some taxpayers. The suspension period will run from April 1, 2020- July 15, 2020, but interest will continue…
The CARES Act includes Pandemic Unemployment Assistance (PUA) provisions that extend and supplement state-provided unemployment insurance and are intended to lessen the financial burdens on individuals who have lost their jobs because of the COVID-19 emergency by allowing states to…
May 2020 Individual Due Dates May 11 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during April, you are required to report them to your employer on…
View our April 23 Webinar: Maximizing PPP Loan Forgiveness Though we just got word about the Senate approval of an additional $350 billion dollars in PPP Loan funding, the primary questions we are now being asked are about the calculation…
PPP loan forgiveness questions? Received funds and now what? Learn how to maximize your approval for loan forgiveness! Haynie and NOW CFO teamed up to educate and discuss how to maximize your PPP loan forgiveness! If your PPP loan has…
