Terri Moss Hornberger CPA

Important info for those of you using digital payment!

A Tax Nightmare on Your Horizon - MUST READ if using digital payment tools or reselling tickets New reporting requirements are putting millions in the cross hairs of the IRS. Here is what you need to know.

I had the opportunity to work with SC Pargas as a volunteer. He will be greatly missed.🥲

We are sad to announce the passing of Senior Corporal Arnulfo Pargas. He was an honorable servant of this community. We will miss our beloved colleague, but his spirit will live on with us forever.

This is great news!

PPP borrowers can use gross income, SBA rules Paycheck Protection Program rules released by the SBA allow self-employed individuals who file a Form 1040, Schedule C, to calculate their maximum loan amount using gross income instead of net profit.

TXCPA sent me a treat ahead of their Advocacy Day and Mid-Year Board Meeting next week!

Pro-Shred is sponsoring a shred event on Saturday, 1/9/21 at their office from 10-12. 2081 Hutton Dr., Carrollton TX 75006. $5/box, cash or check only

Paper Shredding | Shredding Services | Document Destruction PROSHRED® Security is the market leader with over 30 years of experience protecting your confidential information. We specialize in On-Site Shredding.

It’s holiday time at my office!

Please share.

Spread the word! On November 14th at Paul Quinn College, Dallas Police Department Community Affairs will be giving away turkeys & sides while supplies last for the Thanksgiving Holiday

Great news.

IRS announces help with tax debt The IRS said it was revising its procedures to help taxpayers who cannot pay their taxes because of the pandemic. The new program is called the Taxpayer Relief Initiative.

I’ll be in FB Live in November! Learn about the TSCPA-PAC & our DALLAS PAC.

On this North Texas Giving Day, I wanted to be sure those of you who take the standard deduction there is a tax break you can take in regard to donations. The CARES Act is allowing up to $300 for donations to a qualified organization. Plus you still get to take the standard deduction. What a deal!

www.northtexasgivingday.org

#NTxGivingDay I just gave through NorthTexasGivingDay.org! Join me and make an impact today!

This would certainly eliminate concerns of the taxpayers. Plus it makes sense—so many letters that have yet to be opened would clear up many of the issues that notices are addressing.

TXCPA Committee Recommends Suspending All IRS Notices TXCPA’s Federal Tax Policy Committee sent a letter to IRS Commissioner Charles Rettig expressing concerns and offering suggestions for dealing with the mail backlog resulting from the pandemic and strategically targeting the timing and content of notices to improve taxpayer service. The committee ...

Jason Wheeler did a great job explaining how the new $300 unemployment benefit works.
Texas applied for these additional benefits for its unemployed.