Certified Public Accountants
HRC is pleased to welcome Lynette Margetts, CPA back to their professional team. Margetts initially joined HRC in 2007, bringing with her over a decade of valuable experience. She spent 12 years on the HRC team before accepting an opportunity outside of the firm in 2019. She now returns to the firm as a senior…
HRC is pleased to announce that the firm was recently named among INSIDE Public Accounting’s (IPA) list of the Best of the Best public accounting firms in the nation for 2020. “We are incredibly excited to be included on IPA’s Best of the Best list,” said Jacqueline Matthew, CPA, principal at HRC. “I am thrilled…
On Friday, August 28, the Internal Revenue Service (IRS) released Notice 2020-65, which offers guidance regarding the implementation of the Presidential Memorandum on the deferment of some payroll taxes. The memorandum, which was released by the President on August 8th, called for a deferral of the employee share of social security tax (or the railroad…
On August 24, the Small Business Administration and Treasury made available a new set of guidance regarding Paycheck Protection Program (PPP) forgiveness issues. The new interim final rule covers two areas: owner-employee compensation and the eligibility of non-payroll costs. A recent article from the Journal of Accountancy offers a concise summation of the new regulations.…
Over the weekend, President Trump issued a series of executive actions. Three of the four memos aim at extending CARES Act provisions that have expired already or will expire soon. The fourth seeks to mimic the payroll tax holiday for which the President has been advocating. The four executive actions address the following areas: Unemployment…
HRC is pleased to announce the addition of Stephen Matthew, CPA to their professional team. Matthew joins the firm as a director. Throughout the course of his career, he has acquired audit experience in both the public and private accounting spheres. “I am very excited to welcome Stephen to the team,” said Jessica Sayles, CPA,…
