Latest News

Texas Legislation Provides Relief To Businesses Receiving PPP Loan Forgiveness

In response to the COVID-19 pandemic, the U.S. Congress enacted legislation providing economic relief to businesses through the ...

Urgent: You May Want To File A Protective Claim For Refund For 2017 By June 15, 2021

The United States Supreme Court has agreed to hear California v. Texas (known as Texas v. U.S. in ...

Signature Pen

The PPP Extension Act of 2021 – Approved by both the House and the Senate, awaits President Biden’s Signature

Yesterday, the Senate passed the PPP Extension Act of 2021, which had previously been approved by the House, ...

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The American Rescue Plan Act of 2021 – $1.9 Trillion COVID-19 Stimulus Bill

The $1.9 trillion bill, H.R.1319, another round of U.S. Covid-19 stimulus funding, titled the American Rescue Plan Act ...

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Temporary Property Tax Exemption for Disaster Damage (Deadline To Apply is May 28, 2021)

In response to Hurricane Harvey, the last session of the Texas legislature created a new property tax exemption ...

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Extended Texas Deadlines

Texas Franchise Due to the recent winter storm and power outages in Texas, the Comptroller’s Office has automatically ...

IRS Extends Filing and Payment Deadlines for Texas and Surrounding Areas

The IRS has extended the filing and payment deadline to June 15, 2021 for individuals and businesses who ...

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Received a PPP loan and haven’t yet applied for forgiveness?

Remember that you have 10 months after the end of the covered period (8 or 24 weeks from ...

Is PPP Loan Forgiveness SBA Form 3508S For You?

Did you receive a First (or Second) Draw Paycheck Protection Program (PPP) Loan of $150,000 or less for ...

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The Families First Coronavirus Response Act – Mandatory Leave Now Voluntary in 2021

The Families First Coronavirus Response Act (“FFCRA”), which required that employers with fewer than 500 employees provide sick ...

Reminder Upcoming Deadline for Nonemployee Compensation Reporting

The 1099 Reporting for 2020 has some significant changes for reporting payment for services that may require your ...

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Deductibility of Business Meals Provided By Restaurants in 2021 and 2022

In an effort to spur on business activity to the hard hit restaurant industry, the recent stimulus legislation ...

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HM&M Updates

HM&M Continues To Be Ranked In The Top 20 Accounting Firms

The Dallas Business Journal released its 2021 The List of Accounting Firms. The Journal ranks Dallas-Fort Worth Accounting ...

HM&M Welcomes Bill Barnard As New Shareholder

HM&M is thrilled to welcome Bill Barnard to the HM&M team as shareholder. Bill brings with him Michelle ...

Kimberly Lyons Encourages High School Students In A Career In Accounting

Kimberly Lyons is a member of the TXCPA Dallas Chapter and sits on the Partners in Education Committee. ...

HM&M Included on Forbes’ America’s Best Tax and Accounting Firms List

“For the second year, Forbes has partnered with market research company Statista to create a list of the ...

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 ...