Latest News

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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PPP First Draw and Second Draw Important Information

On Friday, January 8th the SBA issued the new Form 2483-SD Paycheck Protection Program (“PPP”) Second Draw Borrower ...

Reminder: 4th Quarter Estimated Tax Payments are Due Friday (January 15)

The due date for making 4th quarter estimated tax payments for individuals and trusts is Friday, January 15th. Please consider ...

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Do Not Miss Out On Valuable Tax Credits!

Understand the employee retention credit If you received a PPP Loan, you were originally ineligible to take the ...

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2020 COVID Relief Bill Provisions Affecting Individual Taxpayers

Here is an overview of key provisions in the recent COVID relief legislation that affect individuals. The legislation ...

New Law Tax Provisions That Affect Businesses

The Consolidated Appropriations Act, 2021 (the CCA, 2021), signed into law on December 27, 2020, is a further ...

Signing Paper

$2.3 Trillion Package Awaiting President Trump’s Signature…

A much anticipated Christmas gift… On Monday, December 21, 2020, Congress passed the $2.3T Consolidated Appropriations Act, 2021, ...

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HM&M Updates

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 ...

Randy Garcia Named Shareholder

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