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One Hundred Dollar Bill

Update on Congressional Action on Another Economic Stimulus Bill as of December 15, 2020

As you are reading this, congressional leaders are meeting to try to hammer out an agreement on funding ...

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

Note the below information has been updated, please click here for most recent information.  The IRS answered the ...

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 ...

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HM&M Updates

Kimberly Lyons – “Not Boring” Tax Info For Real Estate Professionals

Kimberly Lyons speaks with real estate professionals about important tax items for them to keep in mind.

Our Frisco Office Has Moved

We have moved to our permanent location in Frisco located in Hall Park which is conveniently located at ...

Anat Shares Tax Insights at Park Cities Rotary Club Meeting

On Friday, July 9th, Anat Borodyansky spoke to Park Cities Rotary. She shared recent tax insights and important ...

2021 Promotions at HM&M

We are pleased to announce that effective July 15, 2021, Alyson Brands, Diana Cetares and Sirena Plitt have ...

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 ...