Certified Public Accountants
On Wednesday, March 18, President Trump enacted a coronavirus emergency relief package, the Families First Coronavirus Response Act. The legislation includes relief for American workers required to take time off work because of the coronavirus, the Emergency Paid Leave Act of 2020. In order to help employers manage the cost of paid sick leave, the…
There has been much speculation surrounding the impact of the Coronavirus (COVID-19) pandemic on the U.S. tax filing deadline. At a Tuesday White House briefing, Treasury Secretary Steven Mnuchin announced new relief measures that are effective immediately. The Internal Revenue Services (IRS) has extended the tax payment deadline for 2019 income taxes for individuals who…
To our valued clients, On March 11, the World Health Organization characterized COVID-19 as a pandemic. As a result of this, many businesses, including schools, entertainment venues, and restaurants, are closing their doors temporarily. While we technically remain open during this busy time of year, we are severely limiting the number of staff within our…
To our valued clients, At HRC, the health and safety of our employees and our clients is of paramount importance. For this reason, we are taking specific precautions to protect our staff and visitors during the current outbreak of Coronavirus. With more confirmed cases being reported each day, we are considering the potential impact and…
By Shelly Figueredo, CPA I have raised 3 children, and in that process, I have “dropped them off” literally thousands of times. Just to name a few – I have dropped them off at pre-school, elementary school, middle and high school; I have dropped them off at soccer practice; I have dropped them off at…
By Dalyce Franz Did you know you could be liable for paying taxes for vendors that you have already paid? The IRS requires that companies, non-profits and governmental agencies file Form 1099 annually, generally to vendors who have provided you service of more $600 in a year. The easiest way to do this is to…
