Latest News

Are Expenses deductible in 2020 if paid with PPP Loan proceeds if no forgiveness is granted in 2020?

The IRS answered the question whether the expenses paid with PPP loan proceeds would be deductible in 2020 ...

Dollars and Coins

Paycheck Protection Program (PPP) Update – October 16, 2020

Paycheck Protection Program (PPP) Update – October 16, 2020   PPP Forgiveness Simplification On October 8th, Treasury and ...

Calendar Picture

2020 Yearend Tax Planning – Not Just Any Old Yearend

It is time to do yearend tax planning. We think that it is fair to say this yearend ...

September Calendar

Reminder: September 15, 2020 Due Dates

Tuesday, September 15 is an important date for filing several kinds of extended tax returns and for making ...

Employees on Zoom Call

Guidance Issued On Payroll Tax Deferral

On Saturday, August 8, 2020, President Trump took executive action and signed four Coronavirus Pandemic Relief orders to ...

Putting Money in a Piggy Bank

IRS Delivers Temporary Midyear Relief to 401(K) And 403(B) Safe Harbor Plans

Plan sponsors that have already or are considering reducing or suspending contributions to their safe harbor 401(k) or ...

Construction Worker

Texas Businesses Need To Follow State Laws Regarding New Hires and/or Rehires or Face Penalties

The COVID-19 pandemic has disrupted business in Texas like never before and it has changed how employers in ...

Couple Enjoying Sunset

IRS Extends Relief For 2020 RMD Waivers And Rollovers

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, enacted on March 27, 2020, waived required minimum distributions ...

Gold Calligraphy Pen

President Trump’s Executive Actions

Negotiations on a fifth round of Coronavirus Relief stalled in Congress and as a result, on Saturday, August ...

People Raising Hands

Paycheck Protection Program (PPP) – Loan Forgiveness – New FAQs Issued

On August 4, 2020 the Small Business Administration (“SBA”), in consultation with the Department of Treasury, issued 23 ...

Patience Needed for PPP Loan Forgiveness

We are hearing from clients and business owners on a daily basis wanting to start the Paycheck Protection ...

Close Up Shot of Paper Money

Reminder: Payroll Reports Are Due This Month And May Look A Little Different

As a reminder second quarter payroll reports are due to be filed by July 31, 2020. If you ...

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HM&M Updates

Women Propel Innovation & Growth in Surprising Ways at Accounting & Advisory Firms – HM&M Included

HM&M is honored to be included on the 2020 Accounting Move Project report. 2020 Accounting MOVE Project report ...

HM&M Operational Update

For the protection of our HM&M work family, our clients, and others, we are limiting activity in our ...

Randy Garcia Named Shareholder

HM&M is pleased to announce Randy Garcia was named Shareholder of the firm effective January 1, 2020.  Thank ...

Anat Borodyansky Named Shareholder

HM&M is pleased to announce Anat Borodyansky was named Shareholder of the firm effective January 1, 2020.  Thank ...

Michelle Boozer Named Shareholder

HM&M is pleased to announce Michelle Boozer was named Shareholder of the firm effective January 1, 2020.  Thank ...

2020 Promotions at HM&M

We are pleased to announce that effective January 1, 2020, Ronna Beemer, Amy Landry and Ionela Suciu have ...