Brown & Company, PLLC

Even a lucky penny is technically taxable...

Maybe of particular interest if you’ve ever spent a hot day, as I have many, many, years ago, digging through the tilled soil at the state park in Murfreesboro, Arkansas.

Man Finds 9-Carat Diamond. IRS Finds—And Taxes—Man A man who found a 9 carat diamond in Arkansas gets to keep it, and hasn't even had it appraised. But the IRS says such finds have to be reported as income on your tax return based on the dollar value of the found item. Just about everything is taxed, after all.

Big thanks to all the community/regional banks for stepping up when the national banks could not (or would not)!

Wells Fargo, which only yesterday opened a portal to allow customer to only “register to receive an email” regarding applying or a PPP loan, now says the volume is “too high” and they are no longer accepting any additional requests for loans.

Maybe it’s semantics, but did they ever actually accept any requests?

Small Business Administration Paycheck Protection Program - Coronavirus Response We know that these are tough times, and we’re committed to helping you get through this. We announced on April 5, 2020 that Wells Fargo is targeting to…

Things are changing fast, but we wanted to give everyone at least a brief overview of the COVID-19 relief available to Small Businesses:

https://www.forbes.com/sites/anthonynitti/2020/03/23/little-known-tax-law-allows-employers-to-make-tax-free-payments-to-employees-to-cover-covid-19-expenses/

Little-Known Tax Law Allows Employers To Make Tax-Free Payments To Employees To Cover Covid-19 Expenses Section 139 was designed for times like these; it allows an employer to make tax-free payments to employees to cover certain COVID-19 related expenses.

Just buzzing by to say Happy Valentine's Day!

A total of 2,589 closed transactions were reported in the third quarter of 2017.

Four Prerequisites Before Applying for a Business Acquisition Loan Aspiring entrepreneurs who are seriously about buying an existing business should make a checklist of tasks to be done before making the purchase, starting with obtaining a Letter of Intent from the seller.

Have you heard about the changes coming to Facebook? Unfortunately, you may see less of our updates unless you choose to. Make sure to "see us first" and support !

Who will go home with the trophy tonight?