Business Accounting

Business owner reviewing documents to file Texas franchise tax forms by caudell cpa in houston, texas.

When Do You Need to File Texas Franchise Tax Forms?

Although the name may lead you to think otherwise, completing the Texas franchise tax forms is required by the Texas Comptroller of Public Accounts for taxable entities in Texas that are not franchises. The most common entities that must file include LLC, PLLC, Corporation, Professional Corporation, or a Professional Association. (View the full list of …

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Business owner investigating the PPP loan and pursuing PPP loan forgiveness by caudell and associates in houston, texas.

How to Ensure Paycheck Protection Program (PPP) Loan Forgiveness

Last updated: June 18, 2020. We will continue to update as changes are made to the PPP program. Applying for and receiving a Paycheck Protection Program (PPP) loan has been like a rollercoaster ride for many business owners. Things sped up very quickly from the time the PPP loan was introduced by the Small Business …

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treasury department caudell associates houston texas

Paycheck Protection Program: Small Business Funding Application Available

The Department of Treasury has released the Paycheck Protection Program application and supplemental information, all available on their website. We strongly recommend that small business owners: Review all four documents listed under the “Assistance for Small Businesses” section on this website page. Review the application and accompanying borrower guide. Contact your local banker to discuss …

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secure act retirement caudell associates houston texas

What Does the SECURE Act Mean For Your Business in 2020?

At the beginning of 2020, the SECURE Act (Setting Every Community Up for Retirement Enhancement) went into effect outlining new rules that affect employee-sponsored retirement plans. The SECURE Act includes key provisions that affect two sets of employers: Employers that currently offer retirement plans (e.g. 401(k)s and IRAs). Employers that currently do not offer retirement …

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w4 form 2020 caudell associates cpa houston texas

New W-4 Form for 2020: How This Affects Your Practice

The IRS has introduced a re-designed Form W-4 and removed allowances from the computation of withholding. The changes will apply to new employees who join your practice and current employees that file an updated Form W-4 in 2020. We recommend that you let your employees know about the change. They will likely have some questions! …

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