After more than four years of increased interest rates, the Federal Reserve (the “Fed”) recently made a small rate cut, stating that more interest rate cuts may be coming soon. The Fed’s authority to...
On June 13, 2023, the Ways and Means Committee of the U.S. House of Representatives voted favorably on H.R.3937, the Small Business Jobs Act (SBJA). Supporters say the bill would help small...
Many small business owners love running their business, whether it be creating a specialized product, offering a much-needed service, ensuring the success of a construction business, or whatever...
On March 30th , President Joe Biden signed legislation that extended the application deadline from March 31st to May 31st for round two of the Paycheck Protection Program (PPP). The legislation also...
On August 8, 2020, President Trump issued a memorandum authorizing the deferral of payroll taxes for certain employees from September 1, 2020 through December 31, 2020. On August 28th, the IRS...
When the Coronavirus Aid, Relief, and Economic Security (CARES) Act (the Act), became law on March 27, 2020, it brought with it large-scale programs aimed at bolstering small businesses across the...
First and foremost, I need to introduce myself. My name is Lee Ann Collins, managing partner of an accounting and advising firm in Dallas called Lane Gorman Trubitt, LLC (LGT), and this job is...