by Admin | Feb 7, 2025 | Tax Audit, Taxes
With the overwhelming news and outbreak of the COVID-19 pandemic, the deadline to pay your taxes has been extended by 90 extra days. It is a much-needed sigh of relief as health and financial uncertainty mounts. With the help of your local McAllen CPA, Abigail Y....
by Admin | Feb 7, 2025 | Accounting Standard
In order to help meet the needs of U.S. citizens in this difficult time, the U.S. government has passed a relief package and put in place certain rules and regulations that guide how businesses should or can react to the COVID-19 crisis. Changes in bureaucracy and...
by Admin | Feb 7, 2025 | Taxes
When it comes to running a small business, strong cash flow is crucial. Business owners tend to underestimate how important managing cash flow is for their business’s success. Your cash flow helps you monitor and understand your business’s liquidity, flexibility, and...
by Admin | Feb 7, 2025 | Taxes
The majority of people who file taxes end up receiving a refund every year. However, if you fall under the percentage of filers who owe the IRS money, you may be wondering how to resolve the situation amidst the chaos of the COVID-19 pandemic. While this process is...
by Admin | Feb 7, 2025 | Accounting Standard, International Accounting, Virtual CFO
We are currently living through one of the worst economic crises in the past century, with many companies already losing more than 75% of their yearly profits within the first quarter of 2020. Some are laying staff off while others are trying to cope by cutting costs...