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Helpful information relevant to
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COVID-19 Information. Click here to view all COVID-19 related news and information.
✕February 25, 2021
This webinar discusses PPP New Formulas, Texas Winter Freeze Casualty Losses, Texas IRS Due Dates, and AFairchild Engage - Leadership Mastermind Groups.
February 8, 2021
This business webinar discusses the SBA 504 Loan Program, Consulting - increasing your bottom line, and Transformational Leadership Groups.
February 3, 2021
Adam Villarrial and Annie Fairchild, CPA discuss how COVID 19 Relief Funds will affect 2020 taxes and proposed tax laws that could be coming.
January 8, 2021
New tax law presentation discussing rebates, extension of deferred payroll taxes, ppp loans, shuttered venue operators, extension and expansion of credits for paid sick and family leave, unemployment insurance, eidl, and more.
January 8, 2021
January 7, 2021
On
December 27, 2020, the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues
Act (Economic Aid Act) (Pub. L. 116-260) became law. The Economic Aid Act extends the
authority to make PPP loans through March 31, 2021 and revises certain PPP requirements. This
2
interim final rule incorporates the Economic Aid Act amendments required to be implemented
by regulation within 10 days of enactment.
January 7, 2021
This interim final rule announces the implementation of section 311 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the Economic Aid
Act).
January 7, 2021
On December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA) was signed
into law which included additional COVID-19 related relief. Key financial reporting
provisions of the CAA that we believe are of the most interest to our CPEA members are
presented below. The CAA is voluminous and covers a wide range of topics. We
encourage our members to stay abreast of developments related to the CAA as further
analysis and implementation of its provisions progress.
October 17, 2023
Taxpayers have an opportunity to utilize net operating losses (NOLs) generated on their personal and corporate tax returns generated in tax year 2023 by carrying forward […]
October 11, 2023
Medical expenses can trim taxes. Keeping good records and knowing what to deduct make all the difference. Taxpayers can only claim medical expenses that they paid […]
October 3, 2023
Consolidated Appropriations Act, 2021 Under the Consolidated Appropriations Act, 2021, a pension plan will not fail to meet qualification requirements solely because it provides for a […]
September 27, 2023
Rental Property as Qualified Business Income If you operate a rental real estate business, you may qualify to claim the business income deduction under Section 199A […]