Individual Tax Deadlines

Individual Tax Deadlines

Individual Tax Deadlines  HTB strives to prepare our clients for deadlines and important dates regarding tax filing and other financial deadlines. As always, please reach out to your HTB professional regarding your specific accounts or to learn more about the services we can provide to you and/or your business. January 31 Individuals: Filing a 2021 income … Continued

2022 Tax and Financial Deadlines

2022 Deadlines  HTB strives to prepare our clients for deadlines and important dates regarding tax filing and other financial deadlines. As always, please reach out to your HTB professional regarding your specific accounts or to learn more about the services we can provide to you and/or your business. January January 31 Individuals: Filing a 2021 income … Continued

Hannis T. Bourgeois Elects New Associate Partners

Hannis T. Bourgeois Elects New Partners January 10, 2022   Hannis T. Bourgeois, LLP is proud to announce they have named Daniel Darensbourg, Alicia Knighton, Nicholas Smith, and Chase Ruiz as Associate Partners of the firm effective January 1, 2022. “We are excited to welcome new associate partners to the firm, helping us ensure we … Continued

Hannis T. Bourgeois Elects New Partner

Hannis T. Bourgeois Elects New Partner January 10, 2022   Hannis T. Bourgeois, LLP is proud to announce they have named Jill K. Kindler, CPA/CFF, CVA, JD as Partner of the firm effective January 1, 2022. “Jill makes a positive impact on our clients, our people and our communities. She demonstrates a deep commitment to … Continued

PPP forgiveness and repayment: What businesses need to know now

A critical deadline is approaching for many of the businesses that have received loans under the Paycheck Protection Program (PPP), which was created in March 2020 by the CARES Act. If these borrowers do not take action before the deadline expires, their loans will become standard loans, and the borrowers could be responsible for repaying … Continued

Here come the child tax credit payments: What you need to know

The first advance payments under the temporarily expanded child tax credit (CTC) will begin to arrive for nearly 39 million households in mid-July 2021. Taxpayers do have the option to opt out of the advance payments. Most eligible families won’t need to do anything to receive the payments, but you need to understand the implications … Continued

May 2021 Newsletter

    Message From Our Managing Partner This will mark the 2nd consecutive year that April 15th will come and go without a major deadline. And while there is no April 15th, we have been working incredibly hard and put in long hours to get clients their financial statements, tax returns, W-2’s, 1099’s, PPP information, … Continued

The Biden administration proposes far-reaching tax overhaul

President Biden recently announced his $1.8 trillion American Families Plan (AFP), the third step in his Build Back Better policy initiative. The announcement followed the previous releases of the proposed $2.3 trillion American Jobs Plan and the Made in America Tax Plan. These plans propose major investments in various domestic initiatives, such as expanded tax credits for … Continued

President Biden details his tax proposals for individuals

President Biden’s proposals for individual taxpayers were outlined in an April 28 address to Congress and in an 18-page fact sheet released by the White House. The “American Families Plan” contains tax breaks for low- and middle-income taxpayers and tax increases on those “making over $400,000 per year.” Here’s a summary of some of the … Continued

Start Preparing Now for SAS 136

In 2019, the AICPA issued Statement on Auditing Standards (SAS) No. 136, Forming an Opinion and Report on Financial Statements of Employee Benefit Plans Subject to ERISA. SAS 136 prescribes certain new performance requirements for financial statement audits of ERISA employee benefit plans. In addition, SAS 136 changes the form and content of the related … Continued